Are Antique Homes A Good Investment?, How To Verify Important Info In Real Estate Transactions, How Office Building Foot Traffic Moved

Are Antique Homes A Good Investment?

Real Estate Tip:

In a real estate transaction, don’t accept any piece of important data that is provided to you until you’ve gotten third party confirmation of it (i.e. lease-verified rental income numbers).

Real Estate News:

Foot traffic at office buildings nationwide was 18.6% higher in February than during the same month last year.

What Big Drop In Lumber Prices Means For Real Estate, The Correct Way To Present A Real Estate Deal, Lumber Prices Finally Fall

What Big Drop In Lumber Prices Means For Real Estate

Real Estate Tip:

Provide multiple comparable sales, with photos, addresses and detailed information when you present a real estate deal to an investor, lender or JV partner.

Real Estate Insight:

Lumber prices have fallen to their lowest level in more than 2 years back to the cost it was before the pandemic building boom.

Biggest Renovation Mistake Landlords Make, Important Rehab Cost Estimation Principle, Redfin & Compass To Fire Many Employees

Biggest Renovation Mistake Landlords Make

Real Estate Tip:

When you estimate holding costs for a property rehab, consider estimated renovation time as well as the time required to sell the property.

Real Estate Insight:

Redfin and Compass announced layoffs--8% and 10% respectively.