In 2023, the rental market was a roller coaster. Rent prices soared, competition was fierce, and finding an apartment felt like winning the lottery (sometimes literally). But which cities were the hottest of the hot? Which metros saw the most renters vying for the scarcest square footage? Below, we discuss the results from RentCafe’s analysis… Continue reading The 10 Hottest Rental Markets Of 2023
Home flipping is when someone buys a property and holds it for a short period of time and then sells it later with hopes of making a profit. Typically, a home held for 12 months or less and then sold is considered to be a flip. Oftentimes, these are distressed homes that need some rehabilitation… Continue reading Common Risks With Home Flipping
Single-family rent growth in the United States has slowed to a 3-year low, according to a recent analysis from CoreLogic. Of course, this is a welcome sign for renters, who have been facing significant rent increases in recent years. The CoreLogic Single-Family Rent Index (SFRI) showed that rents for single-family homes increased by 3.1% year-over-year… Continue reading Single-Family Rent Growth Hits 3-Year Low
Passive income is any income that you generate without having to actively work for it. Owning real estate, in particularly, can build wealth more consistently than other asset classes. In addition to building wealth, owning real estate can be a great way to create passive income. Of course, it’s important to understand the different options… Continue reading Creating Passive Income Through Real Estate
The vacation home rental market has been booming in recent years, as more and more people have turned to short-term rentals as an alternative to hotels. However, there are signs that the market may be losing some of its strength. One factor that is contributing to the slowdown is the rising cost of living. As… Continue reading A Vacation Home Rental Market Slowdown?
The State of Florida continues to be the most popular state in the country for Americans to move to. Approximately 808 people move to The Sunshine State every day. Furthermore, a large percentage of these inbound residents are affluent Americans that are looking for a better life. As a result, this has not only led… Continue reading What Is A Triple Net Lease?
Is price per square foot a good estimator of home value? In my experience working with my clients, price per square foot is one of the most misused statistic. Price per SF in valuing a home can be misleading if used improperly in estimating the value of a home. Often people calculate the price per… Continue reading Price per SF in Valuing a Home Can be Misleading
Investing in real estate is one of the best ways to accumulate wealth. In fact, there is plenty of research showing that homeowners, on average, have more wealth than those that do not own real estate. Furthermore, real estate offers another way to diversify your investments. Of course as with any investment, there are risks… Continue reading Should you become a landlord?
If you have ever spoken with a financial advisor or retirement specialist, then it is quite likely that you have discussed investment diversification. In other words, having all of your eggs in one basket can be boom or bust. With this said, real estate can be a great addition to anyone’s investment portfolio. There are… Continue reading Real estate investment options