When Stasha Powell moved into her one-bedroom apartment in Redwood City, CA, about 26 miles south of San Francisco, the rent was $625 per month. That was 17 years ago. Today, Powell, 44, faces a rent set to increase within months to $2,600—more than double her current rate of $1,040. And that’s for a 450-square-foot, unfurnished, non-air-conditioned […]
Multiple Offers on a House: Insight for Buyers Facing a Bidding War
For sellers, getting multiple offers on a house is a dream. But for buyers who have fallen in love with a particular property, hearing that their offer is one of many can be maddening. Having to compete with other buyers means your chances of getting the home will likely be harder. So what happens when multiple offers come […]
4 Money Missteps to Avoid With Your First Home Flip
So you’re zeroing in on your very first real estate investment purchase: a home with potential that you’re planning on flipping. Congrats! But now it’s time to get to work. Just be aware: Even if you spend weeks, or months, getting your investment property ready to sell, these efforts don’t necessarily guarantee profits. To give yourself […]
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