11 Apr 2019
By RESCO Realty

FOMC Minutes Reveal Fed Policymakers U-Turn

Real Estate, ,
Members of the Federal Reserve's Federal Open Market Committee voted to hold the target range of the federal funds rate to its current range of 2.25 to 2.50 percent. The minutes of the most recent Committee meeting cited softening domestic and global economic conditions as reason for not raising the target federal funds range. While labor markets remained strong, the minutes noted that household spending and business investment slowed in the first quarter of 2019. FOMC members expected Gross Domestic Product growth to slow as compared to its 2018 pace. While current inflation and the national unemployment rate fell in…
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03 Apr 2019
By RESCO Realty

Are Multi-Unit Properties the Right Move for You?

Real Estate, ,
Real estate isn't a one-size-fits-all pursuit. Buying and renting multi-unit properties is one of the ways investors build residual income while increasing their property portfolios. However, multi-unit rentals come with some unique challenges. Are you ready to manage a multi-unit rental property? Ask yourself these questions to help you decide which path best fits your resources, goals, and interests. Do You Plan To Live On The Property? Living in one of your rental units offers a myriad of benefits. First, you get to keep a close eye on building conditions and the actions of your renters. Next, you'll be able…
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29 Mar 2019
By RESCO Realty

States With The Best Opportunities To Acquire Investment Property

Real Estate, ,
Real estate investors sometimes get stuck in a rut. They repeat the same type of investment that they did before. This is not necessarily a bad thing because a successful experience is worth repeating. However, it is also a good idea to occasionally take a look at the big picture as well, to see what else is out there for investment consideration. Real estate markets go up and down. This can be a regional phenomenon. In some states, there are lots of properties that are "underwater." This means the owners borrowed more on their property than it is currently worth.…
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