Amid a historic stretch of inflation over the last year, the cost of housing (especially rent) has been one of the most significant pressures on household finances.
Rental prices for single-family homes have skyrocketed to record levels across the U.S., increasing to an average of 7.8 percent in 2021. Apartment rents are up too.
How have on-time rent collections been doing in this era of spiking rents? Across the 100 largest markets in the US, in multifamily buildings the median asking rent for one-bedroom apartments jumped by 12% year-over-year. The median asking rent for two-bedroom rents jumped by 14%. In 34 cities, asking rents spiked by 15% to 28% year-over-year.
You ask, we answer … It’s time for another interesting installment of Ask The Guys! Some tantalizing topics we tackle today include: Tips for buying your first investment property … Tradeoffs of refinancing … Approaching rent increases in the present climate … And more interesting inquiries submitted by our amazing audience. So put on …
Podcast: Ask The Guys – Getting Started, Smart Refinancing, and the Next Generation Read More »
A very big real estate story splashed across mainstream news recently, but got buried underneath (insert the sensational political headline you’re sick of) … Oregon Okays First Statewide Mandatory Rent Control Law Associated Press, 2/28/19 Okay, we admit this is a government policy … so it’s political. But politics is easy to laugh at when …
Let’s take off our blue, red, and orange team colors … hold hands … and take a real-world look at trade tariffs in action. Most nose-to-the-grindstone real estate investors may not pay attention to, or understand, trade tariffs … or how they could affect real estate investors. But, like many things we obsess about after …
Trump’s tariffs and your real estate investing … Read More »
Maybe it’s just us … But as we’re preparing for our Future of Money and Wealth conference … (our way of sharing our epic Investor Summit at Sea™ faculty with more people) … … we keep seeing headlines that make us think there’s more happening in the financial world than just a little stock market volatility … From Bloomberg on February 7th: Dollar …
One of today’s most popular buzzwords is “disruptive”. It describes an event, idea, or invention that upends the status quo in some aspect of life or society. “Disruptive technology” is used for everything from Amazon to Uber. And as we’ve previously discussed, many of these things impact real estate and investing. But disruption transcends technology. Donald Trump’s …
Lost in all the hype over Bitcoin and a red-hot stock market are the millions of people whose real incomes and purchasing power are slipping backwards. These are the folks falling into the wealth inequality chasm … which has largely been created by the financialization of the economy. “Financialization” is wonk talk for “making money” …
Bad times can be good times for real estate investors … Read More »
Put on your thinking cap. This one’s going to use some brainpower. But if your investment plans involve money and the future, it’s probably worth the effort. During our 2017 Investor Summit at Sea™, Chris Martenson warned that a financial system dependent on perpetual growth is unsustainable in a world of finite resources. We’ll forego …