Entries by Albert Paz

Why Millennials Prefer Renting

Millennials, often dubbed the “renter generation,” face a unique conundrum in the real estate landscape. As the largest demographic cohort in history, their housing choices hold significant implications for the market. Let’s delve into the numbers and insights behind why many Millennials prefer renting over buying. Financial Flexibility:    – 70% of Millennials cite financial flexibility […]

The Benefits of Allowing Pets in Your Rental Properties

Are you considering allowing pets in your rental properties but unsure about the implications? Here are some compelling reasons why you should embrace pet-friendly policies:   Increased Interest and Applications: With approximately 70% of Americans owning pets, allowing pets into your rental properties can significantly increase interest and the number of rental applications. This can […]

Identifying Distressed Property Opportunities in 2024

Examining the scheduled foreclosure auction landscape towards the end of 2023 provides insights into potential investment opportunities for the upcoming year. Despite remaining subdued in late 2023, scheduled foreclosure auction data offers a glimpse into markets likely to present distressed property buying opportunities in early 2024. Nationwide, the third quarter of 2023 saw scheduled foreclosure […]

The Lazy 1031 Exchange in Real Estate Investing

Real estate tax strategies often involve complex maneuvers and third-party involvement, but there’s a simpler approach known as the “lazy 1031 exchange.” Before delving into this strategy, let’s revisit the basics of a standard 1031 exchange. Understanding 1031 Exchanges Section 1031 of the IRS tax code allows investors to execute a “like-kind exchange,” deferring capital […]

Housing Confidence and the Light at the End of the Tunnel Insights and Strategies

The recent Fannie Mae Home Purchase Sentiment Index reveals a sobering truth: confidence among homebuyers and sellers is at a concerning low. As we navigated through 2022 and into 2023, rising interest rates and economic uncertainties have cast a shadow over the housing market. But it’s not all doom and gloom. Current Market Sentiments The […]

Navigating the Ever-Evolving Real Estate Landscape

As we reflect on the ever-evolving real estate landscape, Real Property Management Select emerges as your strategic partner. Economic activity has rebounded, and the labor market has seen recovery, influencing the way we approach real estate investment. Here, we explore five significant outcomes and how Real Property Management Select stands ready to guide you through […]

Navigating the Impact: Airbnb Bans and the Rental Property Market – Insights for Smart Investors

In recent times, cities like New York, Honolulu, and Dallas have been implementing strict regulations and bans on Airbnb and short-term rentals (STR). While this may seem like a challenge for those heavily invested in the short-term rental game, a new study reveals that it also affects long-term rental property owners. For investors eyeing markets […]

Navigating the Current Mortgage Landscape  A Closer Look at Recent Market Shift

In recent weeks, the real estate market has experienced a significant shift, marked by a notable increase in mortgage interest rates. The Mortgage Bankers Association’s latest data reveals a challenging scenario for both prospective homebuyers and existing homeowners looking to refinance. Rising Mortgage Rates: The average rate for a standard 30-year mortgage on conforming loan […]