REI INK

Real Estate is a Team Sport

Licensed Real Estate Agents/Brokers are Invaluable Resources By Doedi Meyer We all know investing in real estate takes some combination of knowledge, money and time. In the REI INK November 2023 article “Industry Professionals That Can Accelerate Your Investment Career,” Nate Zielinski mentions several professionals whose help and expertise are invaluable. In the category of Real Estate Brokers, Mr. Zielinski mentions mortgage brokers, lenders who can help the investor find

Read More

Renting a Home Still More Affordable Than Owning

Home Rental and Ownership Still Difficult in 2024 for Average Workers By ATTOM Staff ATTOM released its 2024 Rental Affordability Report, which shows that median three-bedroom rents in the U.S. are more affordable than owning a similarly-sized home in nearly 90% of local markets around the nation. The report shows that both renting and owning a three-bedroom home continue to pose significant financial burdens for average workers, consuming more than

Read More

HOME EQUITY DOWN SLIGHTLY ACROSS U.S. DURING FOURTH QUARTER BUT REMAINS STRONG

  • by
  • Comment Off
  • 260 views

Equity-Rich Portion of Mortgaged Homes Decreases While Seriously Underwater Level Rises; Overall Equity for Homeowners Also Ticks Downward Amid Decline in Home Values; But Nearly 95 Percent of Mortgaged Homeowners Still Have Equity Built Up ATTOM, a leading curator of land, property, and real estate data, released its fourth-quarter 2023 U.S. Home Equity & Underwater Report, which shows that 46.1 percent of mortgaged residential properties in the United States were considered

Read More

Homebuyers on a $3,000 Monthly Budget Have Gained $40,000 in Purchasing Power Since Mortgage Rates Peaked Last Fall

  • by
  • Comment Off
  • 290 views

Redfin reports buyers can afford a more expensive home now that mortgage rates have dropped to 6.7%, down from nearly 8% in October A homebuyer on a $3,000 monthly budget has gained nearly $40,000 in purchasing power since mortgage rates peaked this past fall, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. A $3,000 monthly budget will buy a $453,000 home with a 6.7% mortgage rate, roughly

Read More

The Power of Compounding Wealth in Real Estate

Mark Bloom is the co-founder of NetWorth Realty, a large wholesaler and hard money lender in different states across the country. He is a seasoned real estate investor with over 20 years of experience in the industry, and he is on the show today to talk about the reality of being a real estate investor and how you can become a reliable wholesaler in today’s economy. Listen now to learn

Read More

The Crucial Role of Processes in Business

Rudy Casanova is the co-founder and Chief Revenue Officer of Global Strategic Business Process Solutions, a company that provides back-office support for businesses across different sectors. He has been in business, helping entrepreneurs of all levels make their businesses more structured and efficient for over 10 years, and he is with us today to help us understand the importance of your processes and how you can improve them. Listen to

Read More