If you’re one of the millions of homeowners who locked in a mortgage during the golden era of low interest rates, you probably feel like you hit the jackpot. Three percent, maybe even lower.
In today’s competitive real estate market, investors need to be strategic and innovative to maximize their profits. One such strategy that has gained prominence among seasoned investors is the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method. This guide will delve into the intricacies of the BRRRR strategy and how to successfully implement it in your real estate investment journey.
Some empty nesters opt for a new adventure when their children leave the home by moving closer to their children. Not only can this be a great way to stay connected with your family, but there are other benefits as well.
When selling, it’s important not to burden the new owners by leaving behind items they didn’t ask for.
Some items, like manuals, warranties and spare parts, can be left behind as a convenience to the new owners.
When in doubt about what to leave behind, consult your REALTOR® for their expert opinion.
February 2022 Market Insights Individual circumstances are more important than current mortgage rates Key insights from January 2022 (compared to January 2021)* New listings: 3,605 | -11.5% Median sales price: $332,500 | +10.4% Closed sales: 3,020 | -10.4% Pending sales: 3,170 | -11.7% Days on market: 41 | -2.4% Inventory: 4,221 | -24.2% Months’ supply: 0.8 | -20.0% Pricing, pace of sales … Read more
October 2021 Market Insights Key insights from September 2021 (compared to September 2020)* New listings: 7,238 | -8.6% Median sales price: $341,750 | +10.2% Closed sales: 6,304 | -5.9% Pending sales: 5,590 | -14.4% Days on market: 23 | -37.8% Inventory: 8,306 | -15.6% Months’ supply: 1.5 | -21.1% September market remains historically hot as metrics continue slow swing toward balance The … Read more
Licensed in: MN (Agent) REALTOR®