Buy & Hold
Inside Hispanic homeownership rise
Inside Hispanic homeownership rise Inside Hispanic homeownership rise- The rate of Hispanic homeownership is steadily increasing, new data from The National Association of Hispanic Real Estate Professionals (NAHREP) shows. With 8.8 million Hispanic-owned households, more than 48% of Latinos now own homes, reflecting a continual rise since 2014. NAHREP’s 2021 State of Hispanic Ownership report, available…
Read MorePros &; cons of buying out-of-state rental property
Not everyone can afford to invest in rental property in the area they live in. In some regions, housing prices are so high that it may be difficult to add to your real estate portfolio. Whether cash buyers outbid you or you can’t get financing to cover the high costs, it puts a damper on…
Read MoreWhat Happens to Home Prices When Interest Rates Rise?
This article is attributed to New Silver Hard Money Lenders The pandemic has brought about major changes to interest rates, and this has had a knock-on effect on the price of homes in an interesting way. We take a look at what happens to home prices when interest rates rise and what’s next for 2022.…
Read MoreReduce Your Tax Bill
5 Simple Ways to Reduce Your Tax Bill Like a Real Estate Pro “Anyone may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one’s taxes.” – Gregory…
Read MoreAffordable Chicago Suburbs
8 of the 10 best affordable suburbs are in Chicagoland — with Crystal Lake at No. 1 In December, StorageCafe released a list of the most city-like suburbs with Chicagoland dominating the top spots of affordable Suburbs. Now, a new study from the site investigates the pricing of that premier suburban living — and Illinois suburbs ranked as the…
Read MoreBUILDING MATERIAL PRICES MARGINALLY INCREASE DURING FEBRUARY
Building Materials Prices Increase Slightly, Held in Check by Metal, Gypsum, and Concrete Products BY DAVID LOGAN on MARCH 16, 2022 • (1) The prices of goods used in residential construction ex-energy climbed 1.6% in February (not seasonally adjusted), according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. Building materials prices increased 20.4%, year-over-year, and…
Read MoreNew Home Sales Down 4.5% in January
New Home Sales Down 4.5% in January The U.S. Government is reporting that sales of new single-family houses in January, 2021 were at a seasonally adjusted annual rate of 801k, which is 4.5% lower than December’s revised rate and is 19.3% lower than one year ago. The median sales price of new houses sold in…
Read More14 Questions to Ask Before You Hire a General Contractor
When looking to hire a contractor for your building or remodeling project, you may feel a little overwhelmed and unsure of how to guarantee they are not only legit but also the best at what they do. Do you remember playing the game 20 Questions as a kid? Hiring a contractor is similar. You have…
Read MoreHow Often Does An LLC Pay Taxes
If you’re considering starting a Limited Liability Company (LLC) or restructuring your business as an LLC, it’s important to know how often an LLC pays taxes and how to file business taxes for an LLC. As an LLC, your company benefits from receiving personal liability protection without the compliance formalities required of a C Corporation.…
Read MoreInflation Rate at 40 Year High
The U.S. Bureau of Labor Statistics, who tracks the inflation Rate is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was 0.6% in January, 2022. However, the all items index was up 7.5% for the 12 months ending in January. Inflation Rate Buckle up… Click here to read the full release at the Bureau…
Read More