Help, advice and practical how-to-guides for real estate investors
The private lending market is dividing along a single line: how much risk a lender took on when capital was cheap. According to Matthew Coleman, a private lending broker at Vi Capital Lending Group and former builder in Atlanta, who brokers deals through multiple lending sources and has direct visibility into their operations, lenders who ...
Property tax assessments in Jersey City, New Jersey, are growing harder to forecast. As a result, developers working on thin margins are turning to nearby towns where tax structures offer more certainty. The shift may slow the region’s supply of new housing. Jersey City has long led North Jersey’s residential development boom. But Jesse Toledano ...
In Pierce County, Washington, cash offers used to mean leverage. Investors could close fast, skip financing contingencies, and walk away with a discount. That trade-off has broken down, according to Josh Barnard of The Barnard Group with Real Broker – and the shift is rewriting how investors need to approach acquisitions in this market. Barnard, ...
The biggest risk in a fix-and-flip project is not picking the wrong house. It is running out of money halfway through the renovation. The issue is not the down payment. It is everything that comes after it. Scott Ward, owner of Lakewood Ranch Lending and the parent Ward Company in Bradenton, Florida, has closed more ...
Houston’s housing inventory has reached its highest level since 2012. That much supply usually gives buyers more bargaining power and opens doors for investors. But according to Kelvin Louie of KL Integrity Group, many Houston-area sellers bought during the pandemic and paid too much. Values in some areas have since dropped, and these sellers have ...
Houston’s fix-and-flip model thrived after the pandemic, but the numbers no longer add up. Investors want to buy distressed properties, meaning homes that need major repairs, and then renovate and resell them. But they are offering prices so far below what sellers will accept that deals rarely close. According to Tilah Spruel, founder of Lux ...
For decades, construction and trades businesses have operated on a simple model: complete a job, collect payment, find the next one. Revenue arrived in irregular bursts tied to project timelines. That model now works against owners at the moment they most need to show value: when they try to sell. Industry transaction data supports this ...
In Long Beach, California, most homes were not built as tract housing, where a builder puts up many similar homes at once. Instead, homes vary block by block in age, layout, and lot size. That variation makes price per square foot, a metric many investors rely on, a poor guide to whether a deal actually ...
Some small investors in Illinois are moving away from long-term rentals. The reason isn’t weak numbers. It’s the legal risk of renting to tenants in the state. In Chicago’s far northwest suburbs, cities like Elgin and McHenry look like strong rental markets on paper. Home prices are affordable, many residents rent rather than own, and ...
Dearborn Heights, a city of about 63,000 residents in western Wayne County, borders both Dearborn and Detroit. Buyers choosing between neighborhoods in Dearborn Heights are sorting themselves into two distinct tiers. One tier is driven by school districts and parks. The other is driven by rental income and affordability. As the market calms, the difference ...
In parts of the northeast Dallas suburbs, listings are expiring faster than in neighboring areas. A listing expires when a home doesn’t sell before the seller’s contract with an agent ends. Whether these expirations create an opportunity for investors depends on which ring of suburbs they target, according to Cindy Dunnican. Dunnican leads The Dunnican ...
In a market where mortgage rates have squeezed monthly budgets, buyers on Chicago’s West Side are making a trade that would have seemed unlikely a few years ago. They are choosing homes that need work over homes that are move-in ready. A lower purchase price means a lower mortgage payment. For many buyers, picking up ...
In Houston’s Heights neighborhood and nearby northwest areas, some investors are skipping the resale market and buying land to build. Their main target is co-living housing: private bedrooms and bathrooms with a shared kitchen and common areas. That is according to Kurt Peterson, an agent and investor with World Wide Realty, LLC. Peterson says the ...
Out-of-state investors scanning social media for short-term rental opportunities in Salt Lake City are running into a problem on the ground: multiple areas across the valley and surrounding cities are already restricting or banning nightly vacation rentals, and local policy is moving toward more restrictions, not fewer. Nick Booth, a residential agent who works across ...
After years of weekend sales and bidding wars, well-maintained investment properties in strong Indianapolis neighborhoods are sitting for 30, 60, even 90 days, according to Gloria Gear, a realtor who has worked the city’s investor market for a decade. The shift is catching sellers off guard – especially investor-owners who assumed the fast-moving conditions of ...
