In this edition of the weekly digs: Buyers back out of deals or cut offers as prices of policies jump; “We’re just going to get a bunch of houses sitting on the market that won’t sell.” How one couple bought 7 rental properties in one year. And from bigger pockets: 40 Doors in His First 2 Years — with Henry Washington. This and more below the fold
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🎧 Latest Podcasts
From panicked newbie with just $1,000 saved to 40 rental units—in two years’ time! On today’s show, we sit down with Henry Washington, a buy and hold investor from Arkansas who’s built a sizable portfolio while working full-time. You’ll learn how Henry changed his mindset as he and his wife prepared
📖 Latest Blog Posts
From Realtor.com’s Latest News
High Cost of Wildfire Insurance Hurts California Home Sales
- Buyers back out of deals or cut offers as prices of policies jump; “We’re just going to get a bunch of houses sitting on the market that won’t sell.”
Home Prices Rose at a Slightly Faster Pace in October
- Case-Shiller index coincides with other indicators pointing to a pickup in home sales, amid mortgage rates that are low by historical standards and steady economic growth.
Pending Home Sales Rebound 1.2% in November Led by Resurgence in One Region
- Tne index of pending home sales serves as an indicator for existing-home sales reports in the coming months.
As Rents Rise, Cities Strengthen Tenants’ Ability to Fight Eviction
- A half-dozen cities across the U.S. promise the right to an attorney, a costly response to increasing homelessness.
From Spark Rental’s Latest Blog Posts
7 Properties in One Year: Nathaniel & Brittany’s Rental Investing Story
- You can’t post most photos of couples in the shower together on respectable websites. Unless, of course, they’re renovating an investment property. Nathaniel and Brittany Hovsepian are 35 and 27 years old respectively, and own seven rental properties in the Central…
State Taxes Comparison: Are Americans Fleeing High-Tax States in 2020?
- It turns out Americans really do vote with their feet – especially when it comes to state tax rates. United Van Lines releases a report every year on the prior year’s migration patterns within the U.S. They just issued their 2019 report, and the data is fascinating….
Should I Hire a Property Manager? Pros, Cons & Costs
- “At what point should I hire a property manager?” Sooner or later, most real estate investors question whether to hire property management to make their rental income truly passive. I did, and I decided that for me professional management was almost as important as…
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…
From Bigger Pockets’ Top Popular Posts
The Beginner’s Guide to BRRRR Financing with Other People’s Money
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8 Lifestyle Changes to Make Now to Build Wealth in 2020
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6 Ways to Locate Distressed Properties Online
- By Drew Sygit
From PM Insider’s Latest Posts
- RealWorld 2020: Improving the User Experience
- Kingsley/NMHC Survey: Renters Leave because They’re Not Happy with Management
- Technology is No Longer a ‘Cool’ Differentiator; it’s Necessary for Today’s Property Management
- Ensuring the First Layer of Protection if Renter’s Insurance Retention Fails
🤓 From Reddit
From Reddits /r/RealEstate Subreddit
Smoking Kills…the Value of Your Property
- current score on reddit: 244
$8,500 house total cash purchase price/$6k renovation/ rented for $575 per month final update with post renovation pictures
- current score on reddit: 211
Lenders of Reddit: what is going on?
- current score on reddit: 151