All Forum Posts by: John Rubino
John Rubino has started 29 posts and replied 152 times.
Post: Will an increase in interest rates crush the real estate market and is this why we are seeing a boost right now in buying of properties
- Lender
- Burke, VA
- Posts 177
- Votes 28
I just started my own real estate company a few months ago. I work primarily with developers and builders providing them capital from our investors. One thing that concerns me is the governments potential push to raise interest rates. We are starting to see rates begin to crep up, but still extremely low given the average that rates have been over the last 15-20 years. It seems as rates begin to crep up more people are buying since they want to get a good rate now instead of a higher rate if they wait. My concern is if rates start to skyrocket what that will do for the buying of properties and for us quick turn sellers of properties. Will things shift to a more dominant rental market? Obviously being in a cash position would benefit more, but as the demand for rentals increase it seems the power will shift from selling to renting. Several of my friends seem to thi property management wil be the future for a real estate investor. I'm interested in hearing the thoughts from experts on the site.
Regards,
John Rubino
Managing Director and Founder
JID Investments, LLC
Post: Investment business working in the Virginia, Maryland, DC, Carolinas, and Atlanta Markets
- Lender
- Burke, VA
- Posts 177
- Votes 28
Hello,
I have a private real estate investment business currently working in and pursuing the Virginia, Maryland, DC, Carolinas and Atlanta Markets. We are working with four companies (real estate developers and builders). We are listing our first property on Friday 21 June in Atlanta and have several offers coming our way for future projects (3 anticipated in the next 2 weeks in the Maryland market). We have currently raised $750,000 of capital with the potential of raising another $550,000 of capital. We are looking for new construction and investment properties to turnover in a 6-9 month period. We prefer to work with companies already positioned in these markets who are looking for investors. We are also interested in working with investors who'd like to earn 15-20% a year. If you are interested please contact me to discuss. I'm only interested in serious investors and developers/builders looking to invest or to raise capital for their projects.
Regards,
John A. Rubino
Managing Director and Founder
JID Investments, LLC