In this weeks edition of The Weekly Digs: Existing home sales fall in November as home buyers are struggling to find houses. LLC vs. C corp, which is better for buying rental houses? This and more below the fold!

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🔥 Featured Post

• Existing-Home Sales Fall in November as Buyers Struggle to Find Properties to Purchase
  • The inventory of homes for sale dropped to a new record low, fueling major price increases amid high demand.

🎧 Latest Podcasts

• BiggerPockets Podcast 427: The 12 Week Year and The Danger of Long-Term Goal Setting with Brian Moran

  • We’re joined today by author, consultant, and entrepreneur Brian Moran, author of The 12 Week Year. Brian holds a view that many BiggerPockets listeners subscribe to: you are more capable than you think. Through short term sprints, Brian has found that we can all accomplish long-term goals, regardle

📖 Latest Blog Posts

From Calculated Risk’s Most recent posts

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• Comments on November Existing Home Sales
  • by Calculated Risk on 12/22/2020 12:22:00 PM
• NAR: Existing-Home Sales Decreased to 6.69 million in November
  • by Calculated Risk on 12/22/2020 10:14:00 AM
• Q3 GDP Growth Revised up slightly to 33.4% Annual Rate
  • by Calculated Risk on 12/22/2020 08:35:00 AM
• Tuesday: Existing Home Sales, Q3 GDP
  • by Calculated Risk on 12/21/2020 09:27:00 PM
• December 21 COVID-19 Test Results; Record Hospitalizations, Record 7-Day Deaths
  • by Calculated Risk on 12/21/2020 07:12:00 PM

From Realtor.com’s Latest News

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• Existing-Home Sales Fall in November as Buyers Struggle to Find Properties to Purchase
  • The inventory of homes for sale dropped to a new record low, fueling major price increases amid high demand.
• As the Year Winds Down, Signs of an Economic Slowdown
• New-Home Construction Charges On, as Builders Shift Focus to Multifamily Projects
  • Americans may be relocating to the suburbs, but builders are betting that people will still be interested in living in apartments and condos.
• Home-Builder Confidence Slips From Record High in December, as Buyers Get Cold Feet
  • The housing market remains hot, but the outlook for the year ahead has become murkier as COVID-19 vaccines roll out.

From Spark Rental’s Latest Blog Posts

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• What Is Gross Rent Multiplier? How to Use GRM in Real Estate
  • Want to run some back-of-the-napkin numbers on a rental investment? Or find your next city for long-distance real estate investing? Use gross rental multiplier (GRM) for a quick answer.  Gross rent multiplier offers a simple glimpse into the profitability of any…
• 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…
• Buying a Property with Tenants: Pros, Cons, and Rules for Landlords
  • It doesn’t get any more “turnkey” than buying a property with tenants already renting it. But that doesn’t mean that buying a property with tenants doesn’t come with its own risks. The tenants and former landlord had their own way of doing things that may differ from…
• How Do 1031 Exchanges Work? Defer Taxes on Investment Properties
  • Owning that first rental property is a huge milestone for investors. It lets you dip your toe into the market, gain experience in property management, and build confidence in your judgement. But for ambitious landlords, the first property marks just one step on a…

From Bigger Pockets’ Top Popular Posts

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• LLC vs. S Corporation: Which Is Better for Real Estate?
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From PM Insider’s Latest Posts

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• Multifamily Reputation Management: Your ORA™ Scores and Why You Need to Understand Them
• RealPage’s Damien Georges Talks Tenant Risk in NAREIM “Dialogues”
• COVID-19 Trends in Commercial Real Estate: The Changes Happening Down the Street
• Retaining Your Student Living Residents by Building Community

🤓 From Reddit

From Reddits /r/RealEstate Subreddit

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• How many more “I got take advantage of by my realtor” posts do we need on the front page of this subreddit before we’re allowed to talk about the elephant in the room, how easy it is to get a real estate license?
  • current score on reddit: 1183
• We need an update on the tenants accused of shitting in the sump pit.
  • current score on reddit: 786
• After seeing 60 houses, losing on six offers, and feeling discouraged, I closed on a house last week at 2.37% and its well within my budget (CO)
  • current score on reddit: 590