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Metrolina REIA | Blog
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Blog

  • Are you putting off a big decision or a big life change because you are afraid of what could happen? There is incredible power in defining and getting clear about the worst case scenario, the nightmare that you’re too afraid to look square in the......

  • The concept of fixing and flipping property has taken a new turn and nowadays, it is a lucrative way for investors to amass wealth and increase their personal net worth. Who knew buying that beautiful yacht would become easy after getting the hang of fixing......

  • Wholesaling is a great way to enter the world of real estate investing because you don’t need much capital to begin with. Real estate offers incredible wealth-building opportunities, but for many, it is difficult to get started in because of the huge capital investment required.......

  • As the real estate market continues to heat up and more people are jumping into the investing business, I am starting to see some interesting and disturbing trends, such as multiple wholesalers contracting to buy the same house from the same seller. Yes, the seller is......

  • There are many ways of categorizing people. Especially when it comes to success or failure. Thinking through what I see at my REIA meetings each month, here’s what I’ve noticed: Losers whine about the weather. Winners get to the meeting. Losers complain about the traffic.......

  • Editor’s note: This is the first of a two-part column.  pl. hyp·no·ses (-sz): An artificially induced altered state of consciousness. Real estate hypnosis is the artificial induction of believing the “rules” of real estate don’t change. That well-established principles of real estate must be followed......

  • Editor’s note: This is the second of a two-part column. The first appeared Sept. 23. “You need money to make money”: This is the most powerful hypnotic lie for most investors. For most of my students this is the biggest barrier they need to break......

  • When speaking to the uninitiated about the innumerable benefits of investing in real estate, a common response I get is: “well, I don’t want to be running out to unclog a tenant’s toilet at 3am.” I wonder if they think that I want to? That......

  • Real Estate transactions have several participants seated at the closing table that are responsible for the success of the deal and that make a profit from the deal. If you were to sit down and figure the hours spent working on the project then divide......

  • It is well-nigh impossible to impossible to be a Real Estate Investor for any length of time without owning a house that sits vacant at some point- be it between tenants, or after a rehab and while you’re waiting for it to sell (in a......

Real Estate Investing Today

  • A Snapshot of Today’s Home Buyers
    The National Association of Realtors say with rising housing costs showing no signs of a deceleration the percentage of first-time buyers remain at historic lows.  Today’s infographic takes a snapshot of today’s homebuyers using data from their recently released 2019 Profile of Home Buyers & Sellers.  Happy Friday!!!   Hat tip to... Read more »
  • Groovy House Designs from the 60s
    For some of our loyal readers this recent article from Builder.com might be a walk down memory lane.  However, for most of us it is interesting throwback to a totally different and “groovy” era of the Midcentury Modern.  Many of these homes will seem very familiar once you take a... Read more »
  • Realtors Ban Pocket Listings
    At their recent national meeting in San Francisco, the National Board of Realtors passed a resolution that bans “pocket listings” for realtors participating in its Multiple Listing Service (MLS).  The NAR’s board of directors took the step in a resolution entitled MLS Statement 8.0 (also known as the Clear Cooperation... Read more »
  • Preparing for 2020’s Slowing but Growing Economy
    Kathy Fettke points out that we’ve seen a lot of volatility in the global economy these past few months with headlines are warning us about all sorts of economic uncertainties.  While it might be enough to upset the stock market, should real estate investors be concerned?  In a recent a... Read more »
  • Housing’s Share of GDP Rises in Q3 2019
    The NAHB’s Eye on Housing is reporting that after declining for six consecutive quarters, the home building component of America’s gross domestic product (GDP) increased during Q3 of 2019.  They attribute this gain to a housing rebound that started last spring, with the increase in single-family permits and starts.  Interestingly,... Read more »
  • October’s Hottest Housing Markets
    What were the “hottest real estate markets” in October?  Realtor.com crunched the numbers and tells us that for the 4th straight month Ft. Wayne, Indiana topped their list of cities with high demand and low median days on the market.  To get their list, Realtor.com says homes in these hot... Read more »
  • Housing Cost Burdens by Household
    According to data from the most recent American Community Survey (ACS), since the peak of the recession in 2008, the housing cost burden for U.S. homeowners has eased while it has remained stagnant for renters.  The ACS estimates the percentage of “burdened” households, or those spending 35% of their monthly... Read more »
  • Forecasted Changes in Population
    Using data from the U.S. Census Bureau, a recent “chart of the week” from the Mortgage Bankers Association highlights the estimated and forecasted average annual change in U.S. population, by age group.  Among their findings, they say that while homeownership levels are strong among older groups, “even the relatively small... Read more »
  • 2019 Profile of Home Buyers & Sellers
    According to the NAR’s 2018 Profile of Home Buyers & Sellers, the share of first-time buyers remained at 33% for 2019, which they say is a historic low.  In addition they report that a third of first-time home buyers used down payment help from family and friends.  The NAR also... Read more »
  • The History & Future of Wifi
    Wireless fidelity, aka WiFi…We practically take it for granted nowadays.  Whether we’re looking up property records while sitting at a local Starbucks or crunching data at the office most of us use Wifi at some point during the day.   It’s practically ubiquitous.  However, this technology only started taking off about... Read more »

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