Morris Invest’s Real Estate Wisdom: A Blog for Savvy Investors
Climbing Mortgage Rates Create Barriers for Homebuyers, Open Doors for Investors
On Thursday, January 9th, Freddie Mac revealed that the average 30-year fixed-rate mortgage had risen to 6.93%, marking an increase from the previous week. As mortgage rates continue to climb, potential homebuyers struggle to purchase a house, leading them to rely on the rental market. In contrast, investors are benefiting financially from these current market conditions – dive in to learn more about this.
2025 California Rental Laws Set to Place More Restrictions on Landlords
California, one of the most unfriendly landlord states in the nation, has succeeded in passing even more legislation that tightens the reins on landlords. With a focus on increasing tenant rights, Governor Newsom approved three bills this past September, which will take effect in 2025. Find out what they are and how you can avoid investing in tenant-friendly states such as these.
Big Spenders in Washington Tank U.S. Citizen’s Retirement Accounts
You’ve heard me touch on the enormous amount of money the government has been spending over the past four years. Well, now it’s all coming to a head as Americans see their retirement accounts lose value after adjusting for inflation. Dive in to see just how much these accounts have dropped in value and what you can do to protect your nest egg.
Streamlining Rental Property Inspections by Creating Effective Inspection Checklists
Routine rental property inspections are a must if your goal is to protect your investment and keep reliable tenants in place. One way to go about this would be to utilize a rental house inspection checklist. This is a tool that all my property managers use to ensure my rentals stay in great shape while keeping vacancy rates low. Dive in to find out more about how you can use these checklists to your advantage when it comes to tenant move-ins, move-outs, and routine inspections.
Post-Election Fed Rate Cut Fuels Real Estate Investors to Buy
In the wake of a heated presidential election, the Feds lowered the benchmark rate once again, mortgage rates continued to rise, and real estate investors plan to buy before the housing market picks up speed.
Understanding Rental Property Metrics: Rentometer, Rent Estimates, Rent Roll, and NOI
Metrics such as Rentometer for rent estimates, rent rolls, and net operating income (NOI) calculations are essential tools for evaluating property performance and identifying lucrative opportunities. By understanding and utilizing these metrics, investors can maximize returns, as well as avoid investing in properties that will produce a financial loss.
Alarming Numbers Reveal Credit Card Ceilings Hit by 37% of Americans in the Wake of Fed Rate Increases
Dive into this article that covers how almost 40 percent of U.S. citizens have maxed out their credit cards following a string of Fed rate hikes, causing card balances to surge to historic highs. Everyday citizens who have reached their credit card ceiling are struggling to make ends meet, and inflation, along with an unstable economy are not helping.
Exploring a HELOC for Purchasing Investment Properties
Dive in to learn how utilizing a home equity line of credit (HELOC) can place you on the path to financial independence, and how a HELOC compares to a cash-out refinance for investment property purchases.
Mortgage Rates Rise Defying Optimistic Forecasts Following Major Fed Rate Cut
Mortgage rates continue on an upward trend despite predictions of a decline following the Fed’s large September rate cut.
Analyzing Rent to Price Ratio: Metrics, Significance, and Application
Find out why the rent to price ratio formula is a critical metric used to evaluate a property’s potential profit and affordability and can ensure an investor’s next real estate purchase yields a high ROI.
During our call, we’ll see if build-to-rent real estate can further your financial goals. Sound good?
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