In this edition of the weekly digs: How to snowball short term rentals into passive investments from Bigger Pockets’ Podcast. Mansion tax may be headed to Boston soon. The pace of home-building is still ramping up in the wake of this summer’s drop in interest rates. And, what should a new investor do with $10,000? This and more below the fold
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🎧 Latest Podcasts
BiggerPockets Podcast 364: Snowballing 6-Figure Short-Term Rental Profits Into Passive Investments with Avery Carl
Ever been interested in making money with short-term rentals but feel there’s just too much you don’t know? Welcome to the club! On today’s show, Brandon and David interview Avery Carl, a short-term rental (STR) investor who opens up the playbook and shows us what she’s doing and how she’s doing it!
📖 Latest Blog Posts
From Realtor.com’s Latest News
Mansion Tax May Be Headed to Boston Next
- The transfer tax on homes over $2 million reflects similar hikes in New York City and London.
New-Home Construction Activity Continues to Rise, as Builders Seek Even More Building Permits
- The pace of home-building is still ramping up in the wake of this summer’s drop in interest rates.
Mortgage Rates Went Up Again This Week—Will They Hit a Ceiling?
- Interest rates for mortgages have risen roughly 0.25% since early September, but how much more can they increase?
Mortgage Rates Hold Steady, but Economists Say Don’t Expect That to Last
- Mixed economic data meant that interest rates on home loans remained unchanged this week.
From Spark Rental’s Latest Blog Posts
Should You Become a Section 8 Landlord? The Good, The Bad, & The Truth (Infographic)
- Heard tales of guaranteed rent payments, courtesy of Section 8? Deposited by the government, and paying higher-than-market rents? If these stories perked up your ears, you’re not alone. Section 8 landlords can make good money, with a lower risk of rent defaults – at…
How to Increase a Property’s Value: 11 Ideas to Boost Equity & Rents
- Looking for ways to raise your property value? Pricing in real estate has little to do with what you paid for the property, or how much you spent improving it. Real estate values and rents are based on one thing: what buyers and renters perceive the value to…
Lifestyle Creep & Keeping Up with the Joneses: Why You’re Not Rich
- Could you live on half your current income? Most people shake their heads and answer that it’s not possible. And yet there was probably a time when you did exactly that; you earned far less than you do today, and you managed to survive just fine. So what happened in…
How to Negotiate with Contractors: The Definitive Guide
- Dealing with contractors is one of the hardest parts of investing in real estate. The ones who actually return your calls promptly, show up on time for work, and complete jobs on-schedule? They charge a pretty penny for that basic level of professionalism. In fact,…
From Bigger Pockets’ Top Popular Posts
What Should a New Real Estate Investor Do With $10,000?
- By Brandon Turner
Why I Made the Leap From Single Family to Multifamily Real Estate Investing
- By Sterling White
How I Made $26K on 1 Property Thanks to My Father’s Advice
- By Scott Hollister
From PM Insider’s Latest Posts
- Becoming More Efficient with Spend Management
- Why Retaining Employees is Just as Important as Keeping Residents
- Future-Enabling Apartments with Internet
- How Technology is Saving the Day on the 4P’s of Marketing
🤓 From Reddit
From Reddits /r/RealEstate Subreddit
Prove me wrong: Real Estate Agents are losing their worth. They’re basically a cartel locking out buyers and sellers from negotiating deals directly. With online tools and online education, realtor professions will become a thing of the past.
- current score on reddit: 532
Is the housing market in your area cooling or turning down? Where?
- current score on reddit: 289
Nightmare Sellers Clearly Swapped Dishwasher With Very Old One After Close
- current score on reddit: 226