W. J. Mencarow

How Much More a Single-Family Home Costs To Buy Than Rent

Published by REALTOR.com | November 29, 2024 Rental prices have fallen for the 15th straight month—so it makes more sense to rent instead of buy, right? Right now, it’s more affordable to rent than buy in all 50 of the major metro areas, according to the Realtor.com® October 2024 Rental Report. The median asking rent …

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Your Guide to Financing an Investment Property

Published by Think Realty | November 22, 2024 Lenders view investment properties as riskier due to the potential for vacancies and variable rental income. Investing in real estate can be a lucrative venture, offering both immediate rental income and long- term appreciation. Securing financing for an investment property can be complex, however, involving different strategies …

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How to Raise Rent Prices Without Losing Tenants

Published by Entrepreneur.com | November 12, 2024 Landlords can increase revenue without raising rent prices by minimizing tenant turnover, offering online rent payments for convenience, and adding reasonable fees. It may seem obvious, but raising rent and determining rent pricing strategically is an easy way to increase your rental revenue each month. However, setting the …

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The Housing Squeeze: Solutions for an Unaffordable Market

Published by Think Realty | November 16, 2024 As housing prices soar beyond reach for many Americans, incorporate these potential solutions to mitigate market pressures According to the National Association of Homebuyers, 77% of American households cannot afford a median-priced home. In 2024, the median is $495,750. A combination of high home prices, increasing interest …

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Survey: Homeowners Skipping Meals to Make Monthly Payments

Published by FOX Business | November 18, 2024 Over 20% delayed or skipped medical treatments to afford housing payments The majority of U.S. residents earning less than $50,000 a year are struggling to afford their regular mortgage or rent payments, with some resorting to skipping meals just to make ends meet, according to a Redfin survey. …

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Economist: Elon Musk Could Hold the Key to Lower Mortgage Rates

Published by REALTOR.com | November 14, 2024 The share of first-time homebuyers in the housing market has fallen to the lowest level in 43 years, according to recent data from the National Association of Realtors. Home sales are at multi-decade lows due to high home prices and 7% mortgage rates. Many buyers have been priced …

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Leverage Self-Directed IRAs for Affordable Housing Solutions

Published by Think Realty | November 11, 2024 Unlike traditional investors, SDIRA owners can partner with nonprofits and housing advocates to support affordable housing initiatives. The affordable housing crisis is a pressing issue in many communities across the country. With rising property values, stagnating wages, and increasing costs of living, millions of individuals and families …

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The Power Of Consistency In Real Estate Investing

Published by Forbes.com | November 6, 2024 From building relationships to managing properties, being consistent can be the key differentiator that sets successful investors apart from the rest. Investing in real estate is a long-term game and you’ll increase your chances of outperforming the market if you have consistency. While it’s easy to be excited …

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