Below is an updated list of rent ratios — the price of a typical home divided by the annual cost of renting that home — for 55 metropolitan areas across the country.
via bubbleinfo.com.
Dec 07
“Apartment demand is rebounding in dramatic fashion,” says analyst Andrew McCulloch of Green Street Advisors. With little new development under way rents have risen 5% nationally in the past year, apartment-data firm Axiometrics says. McCulloch expects the gains to flow through as a 12.5% annual average earnings increase over the next two years among the dozen U.S. apartment REITs he follows.
via Forbes.com.
Nov 14
`Creative financing is about to become the primary means of financing.” said Joe Manausa, a broker and owner of a Century 21 First Realty
via MiamiHerald.com.
Oct 17
The Register asked for 10 ideas of what life would be like in 10 years.
The future of housing from Marji Knitter, president of real estate planners The Moote Group in Santa Ana …
1. You’ll buy your next home at Costco, Lowe’s or Home Depot. Prefabricated homes make a comeback, shipped from warehouse constructed in days.
via bubbleinfo.com.
Sep 25
Investors waiting for waves of distressed real estate assets to hit the market may be waiting forever
Low interest rates encourages banks to hold onto assets since the cost to carry is very low
via — Seeking Alpha.
Sep 23
Chris, an experienced investor who experienced a slow down in his investing business after the market crash. His challenge was funding deals and the way he overcame it was absolutely brilliant.
First, Chris has been relentless with his networking, building strong relationships and surrounding himself with successful individuals. This has really paid off. But what was so brilliant was that he did not focus on making money, he focused on building a long term business.
via biggerpockets.
Sep 18
As the economy continues to suffer and home prices continue to fall, numerous Americans across the country are staying away from the real estate market. But, if you are looking to take advantage of the opportunity of a lifetime, now is the perfect time to get off the sidelines. Playing by your own terms may be the name of the game today. Ask for price reductions, improvements, closing costs—whatever—and sellers, who are desperately trying to get a contract, are very likely to work with you, said Jay Papasan, one of the authors of the book Your First Home.
via RISMedia.
Sep 11
Most beginners get lost in a world of information. They analyze and try every strategy but never focus or become a master at one real estate investing strategy. I suggest an alternative plan, which will simplify things and increase the likelihood of your success. Here are 5 simple steps for investing beginners.
Pick one and only one strategy – Avoid confusion, spinning your wheels, and analysis paralysis.
via biggerpockets.
