All Forum Posts by: Ryan Karel

When I was selling our home in Sacramento we used an agent and the house was on the MLS. One day we had 4 different groups of people knock on the door asking about renting the house because someone posted a scam ad saying the house was for rent. I don't believe that a scammer would take the time to go see a property person just for the pictures. It's usually all done online.

Well this is a good question. The 1% rule is more of a guide than a rule. In terms of coc return its really your call. Every real estate transaction is different. You have to ensure that at the end of the day you are confident and comfortable with the return you will be making. Some investors might be fine with a 3-5% coc return, while others won't touch anything under 8%. Remember coc does not take into account things like mortgage pay down and appreciation. Really you have to look at all aspects of the deal and make sure it works for you. If it makes dollars it makes sense! 

This particular hike will have little effect on the current market. The fed is raising rates a quarter percent. This will make the cost of a leveraged home a little more expensive but I do not feel it will have a major impact on purching right now. The interesting thing to watch for are further hikes. At the end of last year the fed said they were going to do mutilple hikes adding a full percentage by end of 22. This would definitely price some buyers out creating a less competitive market. One think I know for sure is to take speculation with a grain of salt.

Yes absolutely. I am about to purchase my second property this year! Both buy and holds. The one I am about to buy is a foreclosure in area that I feel is going to explode in a few years. No matter the market conditions, there are always good deals to be had. Just have to go out and find them. 

Thinking of buying a investment condo in Fort Pierce Florida. I know the city just approved the kings landing development. This is a $140 million development with a planned 140- room Marriott Autograph Collection hotel, restaurants, shops, and 114 residences.

Anyone have any thoughts or insights how this will effect the market within the next 10 years.