Did you know the millennial generation rents the most and makes up 27.3 percent of all renter households? The second fastest-growing group of renters, people ages 35 to 44 make up 21.5 percent of all renters. If these people ever decide to buy houses instead of renting, Los Angeles could experience another housing boom. The LA Times recently wrote, “Call them the prodigal millennials: Statistical measures and anecdotal reports suggest that young couples and singles in their late 20s and early 30s have begun making a belated entry into the home-buying market, pushed by mortgage rates in the mid-3% range, government efforts to ease credit requirements and deep frustrations at having to pay rising rents without creating equity. One of the biggest points in the debate over rent vs buy is No down payment needed to rent. Now we have a number of banks that are moving toward zero down payments. Banks like to have the homeowner put some skin in the game, 10% to 25% is usual, but […]

Why would a realtor work with real estate investor? Aren’t they working in competition with each other? You are a realtor and your client is a homebuyer. Maybe, the real estate investor is swooping in before your buyer can react. Maybe your seller prefers to sell quickly to a real estate investor instead of going with you and testing the market. You get a sales commission only if you complete a transaction. I’m here to share with you how to work with a real estate investor that can be a powerful way to build higher commissions and a consistent income. Real estate investors have studied the real estate market and know […]