Sales Slump, Rates Drop, and The Forever-Renters

There are few things more critical to a real estate investor than home prices, mortgage rates, and rent. Thankfully, those are three subjects that Redfin decided to tackle in their new 2023 housing market predictions list. But are these housing market projections the truth, or is the data showing something else entirely? We’ve got Dave to fly solo this episode to break down these hot housing market takes to see which could truly come true in 2023.

Welcome back to On the Market. As we wind down the year, we’re wrapping up as many real estate predictions and forecasts as possible so we can give you, the investors, the best chance of success in 2023! And although many of you have asked for Dave’s crystal ball (it’s just his head, people), he’s brought something even better today to share: cold, hard housing market data! We’ll …

Read more →

Pitfalls, Potential, and Passive Opportunities

This article is presented by Aloha Capital. Read our editorial guidelines for more information.

More and more real estate investors are exploring what it might look like to be on the other side of the closing table. I don’t mean being the seller, but rather being the lender. With interest rates on the rise, you can easily earn double-digit interest rates by funding or buying short-term notes.  

Imagine investing in real estate where you don’t need to manage a rehab, sign a personal guarantee, or deal with tenants. And if things go wrong, someone other than you loses their money before you lose a dollar. Sounds pretty nice, right?   

So, how exactly do you go about becoming a lender? How can you make money lending? How do people lose money lending? And finally, is there a way to be a passive lender so you can sit back

Read more →

When Will The Fed Lower Rates Again? Sooner Than You Think

Last week, the Fed raised its benchmark interest rate by half a percentage point, a slowdown from previous sprints. Still, the federal funds rate is at its highest since 2007. While traders are betting the Fed will begin reducing the federal funds rate in the second half of 2023, historical trends suggest a different timeline. And while economists from major firms are split on where and when rates will peak, Fed policymakers have signaled that rates will likely remain elevated until 2024. 

Why the varying estimates? No one is certain how long it will take for high-interest rates to impact the job market or whether we will enter a recession. Inflation has been stubborn (albeit declining) largely due to low unemployment and supply chain issues, experts say.  

When Has the Fed Cut Interest Rates Historically?

Interest rates have peaked for an average of 11

Read more →

Do 40-Year Mortgages Ever Make Sense?

Renting vs. buying a home, forty-year mortgages, HELOCs, and relationships vs. real estate. There’s something for everyone on this episode of Seeing Greene, as David tackles questions that go far beyond just basic investing. And as the housing market continues to get even more confusing, homebuyers, landlords, and sellers are stuck with some serious debates that only an expert agent, mortgage broker, and investor like David can answer!

When choosing to rent vs. buy a home, David uses some geographic-specific data to decide which markets make more sense to own. Then, we have a question on how an interest-only mortgage works, and whether not paying into principal is a waste of time or a better option for cash-flow-strapped landlords. If you’re thinking of buying a property in all cash, David has some advice as to why now may not be the time to …

Read more →

How to Estimate Rehab Costs and Where to Find the Right CPA

Need to know how to estimate rehab costs, even if you’re investing out of state? For most investors, it seems almost impossible to do a full-scale renovation while living hundreds, or thousands, of miles away. But, many time-tested investors have done it (including Tony), and you can too, but you’ll need to know who to go to and what to ask before you start. Or, you could bite off way more than you can chew, and risk losing your rental as a result.

Happy Saturday, rookies! We’re back with another Rookie Reply, where your snowed-in on her birthday host, Ashley Kehr, and Tony J. Robinson are here to answer questions directly from the Real Estate Rookie Facebook Group and the Rookie Request Line. In this episode, Ashley and Tony share their best tips on estimating rehab costs, how to structure a partnership when someone …

Read more →

How to Build Bigger and Setting SMARTer 2023 Goals

What are your 2023 goals? If you don’t have an answer in mind just yet, don’t worry, there’s still time to lock in your plans to have a wealth-building, financial freedom-finding, more fun (and frugal) new year. And while goal setting for many people can seem almost arbitrary, top investors, again and again, point to it as one of the reasons they’re able to hit such unbelievable heights. We’re not talking about making a few extra bucks in passive income, we’re talking about building life-changing wealth in only a matter of years.

If you think you shot too high in 2022, think again. We’ve got Henry, James, and Kathy back on the show to talk about what they’ve accomplished in 2022. To no surprise, almost all of them hit big goals, but that doesn’t mean they did everything they wanted. All of our

Read more →

It’s Becoming A Buyer’s Market, But It’s Still Not Easy To Buy

The economy is beginning to stall as the Fed has repeatedly increased its discount rate over the past few months to fight inflation. As Jerome Powell put it, “We have got to get inflation behind us,” even “if the chances of a soft landing are likely to diminish.”

Inflation did edge down last month and has possibly peaked. Unfortunately, if it has peaked, it is likely because we are on the edge of or in a recession. Mass layoffs have been announced at multiple large companies (11,000 at Facebook, 10,000 at Amazon, etc.), and new housing starts have plummeted

A survey by the National Association of Business Economics found 72% of economists predict a recession in 2023 (and one with high unemployment, unlike the technical recession of Q1-Q2 2022), and the Bloomberg Economics model puts the odds at 100%

So, we can expect

Read more →

How to Get a Better Price on That Off-Market Property

Foreclosures have slowly been creeping up as real estate values get hit hard. With home prices dropping and a tough economic forecast ahead, could a wave of foreclosures be on the horizon? If so, who will this affect the most—residential real estate investors like Ashley and Tony or commercial real estate investors with their million-dollar multifamilies? We’ll get into what exactly could happen in this week’s Rookie Reply!

Ashley and Tony have taken four very different questions this week, directly from real estate rookies like you! They touch on how an upcoming foreclosure crisis brings an opportunity to real estate investors, who covers closing costs and where to find a purchase and sale agreement, home appraisals explained, and how to get funding for your home renovation or rehab! These answers are crucial if you’re looking to invest in 2023, so make sure you tune in!

If you …

Read more →

FEMA, Floods, and Florida Real Estate After Hurricane Ian

After Hurricane Ian, Florida real estate took a huge hit. With multiple communities literally underwater and the entirety of Southwest Florida facing pricey home repairs, Florida went from being the Sunshine State to the “do we have enough insurance?” state overnight. And with more and more natural disasters taking shape across the US, how can homeowners, landlords, and renters prepare for what mother nature is throwing at us?

Thanks to both heavy state and federal funding, Florida is well on its way to a successful recovery, but how did this happen? To learn more about the ins and outs of disaster recovery, we brought on Jeremy Edwards, Press Secretary at FEMA (Federal Emergency Management Agency), to share what the federal government is doing to aid in building back communities. Jeremy touches on storm tracking, pre-disaster preparedness, flood insurance coverage, and temporary housing programs

Read more →

Thirteen Colonies Lesson Plans For eighth Grade American History

Floor PlansThe first PBL challenge I planned a few years in the past was the creation of a butterfly habitat within the school garden by my third graders. I think the planning took extra time than the challenge, and I didn’t have a whole lot of sources to assist information me. Since then, I’ve been an avid collector of PBL plans.

As far as high quality is worried, nothing can beat 3D. With 3D know-how, knowledgeable designers add furnishings to improve the look. As a consequence, they will produce lifelike designs. The wonderful thing about 3D is that they’ll create 360-degree walkthroughs, digital tours and full views. Dimensions are usually drawn between the walls to specify room sizes and wall lengths. Floor plans might also include details of fixtures like sinks, water heaters, furnaces, and so forth. Floor plans may embrace notes for construction to specify finishes, development strategies, or symbols …

Read more →