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December 8, 2022 12:52 PM
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Space of the Week: This Bathroom Makeover Feels Bright and Airy After a Few Style Shifts

Space of the Week: This Bathroom Makeover Feels Bright and Airy After a Few Style Shifts | Real Estate News and Auction | Scoop.it
To make a formerly bulky bathroom feel more spacious, designer Ashley Clark reconfigured the room, removed the jacuzzi tub, and lightened the decor.
Via Best Smart Living Posts
Best Smart Living Posts's curator insight, November 16, 2022 8:52 AM
Bathrooms and kitchens forever remain important rooms in a home. Take a hard look at your bathrooms, do they need a redo?
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December 8, 2022 12:48 PM
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The iBuying Business Model and Opendoor Challenges

The iBuying Business Model and Opendoor Challenges | Real Estate News and Auction | Scoop.it
A conversation with residential analyst Mike DelPrete about Opendoor's troubles, the iBuying model and whether homes can ever be commoditized.
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December 8, 2022 11:14 AM
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Where does Opendoor go from here? Breaking down iBuying with Mike DelPrete

In the wake of Opendoor CEO Eric Wu's resignation, TRD's Hiten Samtani chats with residential real estate tech strategist Mike DelPrete, on the future of the company and the big questions surrounding iBuying.
AZ Mountain Lake Realty's insight:

Do what they do best Raise Money

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December 6, 2022 5:50 AM
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Fed's 200 Basis Point Rate Cut a Potential Surprise in 2023: Standard Chartered

Fed's 200 Basis Point Rate Cut a Potential Surprise in 2023: Standard Chartered | Real Estate News and Auction | Scoop.it
In another 2023 surprise scenario, bitcoin could crash a further 70% to $5,000, according to Standard Chartered.
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Rescooped by AZ Mountain Lake Realty from Real Estate News and Auction
December 2, 2022 12:46 PM
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The problem with rental applications

The problem with rental applications | Real Estate News and Auction | Scoop.it

The problem with rental applications

Moving sucks.

Making matters worse, a report from the Consumer Financial Protection Bureau (CFPB) found tenant screening reports are often inaccurate.

How it works

In the US, prospective tenants pay an average of $40-$59 to apply for an apartment, and don’t get reimbursed if they don’t get it.

Landlords use the fee to cover background checks from tenant screening companies, which include applicants’ employment, rental, financial, and criminal histories.

The issue

CFPB handled 26.7k+ complaints related to tenant screenings between January 2019 and September 2022. Of those, ~65% cited incorrect info on a report.

For example, one applicant said their twin brother’s criminal history appeared on their report. Another said the report surfaced an eviction that never happened.

Mistakes often occur when companies use name-only matching without other identifying info, like a Social Security number. Other issues:

  • Companies can reveal expunged or sealed records
  • Companies sometimes report evictions that were filed, but not completed

This inaccurate info can cause applicants to lose housing opportunities, time, and money.

And fixing it it is a pain

The Fair Credit Reporting Act requires landlords to tell applicants if they were denied due to info obtained in a report… but many don’t.

And when they do, the onus to dispute the report falls on the applicant in a process that can be “hopelessly inefficient and needlessly confusing,” per CFPB.

Some applicants found themselves being bounced between companies, while others failed to hear back at all.

The FTC has promised to work with the CFPB to hold companies accountable.

But for now: You can find consumer resources at the end of the report

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December 2, 2022 8:48 AM
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Mortgage rates fall for the third week in a row as inflation fears ease | CNN Business

Mortgage rates fall for the third week in a row as inflation fears ease | CNN Business | Real Estate News and Auction | Scoop.it
Mortgage rates dipped again this week, marking the third straight week of falling rates.
AZ Mountain Lake Realty's insight:

#flat fee mls

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November 30, 2022 10:03 AM
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Slowdown: The Velocity of Brokerage Revenue Decline —

Slowdown: The Velocity of Brokerage Revenue Decline — | Real Estate News and Auction | Scoop.it
Q3 results are in for the large, publicly-listed brokerages and revenues are down across the board – but that’s only part of the story. Why it matters : The velocity of decline between brokerages varies, providing early insight into which companies may be at higher risk than others in a cooling
AZ Mountain Lake Realty's insight:

#flat fee MLS

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November 29, 2022 6:13 PM
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Barry Habib Presentation 11.15.2022 - fairwaymc

Barry Habib Presentation 11.15.2022...
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https://www.arizonamlsflatfee.com/

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November 28, 2022 6:53 AM
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In mid-November, mortgage rates saw their biggest decline since 1981. Here’s what 6 pros say will what happen next

In mid-November, mortgage rates saw their biggest decline since 1981. Here’s what 6 pros say will what happen next | Real Estate News and Auction | Scoop.it
Where are mortgage rates heading?
AZ Mountain Lake Realty's insight:

#flat fee mls

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November 25, 2022 1:52 PM
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Cortez Discusses The Power Of Correct Thinking As An Investor & A Review Of Marketing Metrics

On the show, we have our special guest, Rafael Cortez. Rafael is currently an Organizational Psychologist and real estate professional holding ownership in multiple companies. Be sure to listen to the full episode as we talk about survival tips on entering the real estate market.

Key Takeaways:
2:46 Rafael Cortez's backstory being a firefighter in the medical transport business
4:27 A lesson learned of the importance of discipline when it came to financials.
7:41 A big leap from firefighter to medical transport business to real estate
7:51 Having a mindset of “the ability to make something work”
10:07 ”Adversity is the catalyst to success”
12:16 Putting yourself into survival mode can help you succeed.
12:51 Having a “Fight or flight syndrome”
15:39 Find out what you really want in life
17:38 How do you grasp survival
20:21 First and second failed flips and a lesson learned.
23:17 Rafael’s learning process to making his flip perfect.
33:03 Marketing strategies should use to bring in deals
35:56 Cold calling lead generation strategy, the process revealed!
41:45 Importance of having a coach or a mentor.

Connect with Rafael Cortez at: https://www.ceopulse.com/rafaelcortez
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The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member’s ability to successfully invest in #realestate

Join AZREIA here: https://azreia.org/join

Is a Career in Real Estate Right For You?
Take AZREIA's Real Estate Investing Entrepreneurial Self-Assessment at
👉 https://azreia.org/entrepreneurial-self-assessment

Azreia Real Estate Investing Entrepreneurial Self Assessment
Who is it for?
☑️ Anyone who wants to know if Real Estate Investing is right for them BEFORE spending time or money on education and training.

☑️ Everyone new to Real Estate Investing
Our Entrepreneurial Self Assessment is designed for you to understand if Real Estate Investing is right for you and if so, if you are best suited for active or passive investing.


Our membership is a community consisting of independent real estate investors who invest in:
🏡 SINGLE FAMILY
🏙 SMALL MULTI-FAMILY
🏡WHOLESALERS
✍️ NOTES

Educational opportunities are plentiful and delivered through AZREIA’s own education program and in collaboration with outside education providers.

🎓AZREIA’s Core Education Classes are specifically designed for new investors to develop their critical skills quickly and effectively.

🎓Our strategy classes are provided through AZREIA and others and deliver an advanced level of knowledge.

-----
Discover:
https://azreia.org/wholesale
https://azreia.org/property-scout/
https://azreia.org/landlord/
https://azreia.org/notes/
https://azreia.org/
https://arizonamlsflatfee.com

Join the Deal Finders Club, NOW! http://www.azdfc.com
🤝 Struggling to get your real estate business off the ground? Short on time or do you just feel stuck? The Deal Finders Club is a community of like-minded individuals committed to holding each other accountable, signing more contracts, and closing more deals so they can achieve financial freedom and live life on their own schedule.

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November 24, 2022 11:50 AM
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Scottsdale luxury $1 billion development receives city council approval

Scottsdale luxury $1 billion development receives city council approval | Real Estate News and Auction | Scoop.it
A mixed-use project that could represent a capital investment of $1 billion in north Scottsdale received its thumbs up
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November 21, 2022 2:32 PM
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Beginner Real Estate Investing Advice: Start Now Before It's Too Late

Beginner Real Estate Investing Advice: Start Now Before It's Too Late | Real Estate News and Auction | Scoop.it
Ahmed Seirafi says there's a lot of opportunity in real estate over the next 6 months. He shares 4 pieces of advice for new real estate investors.
AZ Mountain Lake Realty's insight:

https://www.arizonamlsflatfee.com/

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December 8, 2022 12:50 PM
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The Best Real Estate Market in America

The Best Real Estate Market in America | Real Estate News and Auction | Scoop.it
A recent analysis reveals that this Connecticut city has the most robust housing market in America.
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December 8, 2022 12:46 PM
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The Federal Reserve Is Deflating Financial Bubbles, Without a Crash

The Federal Reserve Is Deflating Financial Bubbles, Without a Crash | Real Estate News and Auction | Scoop.it
(Bloomberg) -- The Federal Reserve hasn’t had much success so far in wrestling down sky-high inflation, but its monetary tightening campaign is having a major impact in deflating asset bubbles that swelled during the pandemic.Most Read from BloombergPutin Calls Russian Nukes Deterrent Factor, Says War Risk RisingPeru’s President Accused of Coup After Move to Dissolve CongressWNBA Star Griner Released in One-for-One Swap for Arms DealerWhy Did So Many US Men Quit Working? Social Status May Hold t
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December 6, 2022 6:42 AM
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Are The Housing Bubble Fears Behind Us Already?! 🏡📈📉📈❓ | TheREsource.tv

Are the housing bubble fears behind us already?! In this video, TheREsource.tv shares Redfin's analysis of the latest home sales data and whether or not the housing bubble fears are already behind us.

Whether you're a homeowner or not, this video is a must-watch!

Mortgage Nerds & Geeks FED Resource Link Below! 🤓
https://www.dallasfed.org/research/economics/2022/1115

------------------------

↪ Subscribe today! https://theREsource.tv/?source=ytc

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Download our mortgage and real estate podcast: https://www.theREsource.tv/podcast​

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December 4, 2022 6:11 PM
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2023 Could Be an Explosive Year for Real Estate Investing. Here's Why.

2023 Could Be an Explosive Year for Real Estate Investing. Here's Why. | Real Estate News and Auction | Scoop.it
The coming year could be ripe with real estate investment opportunities.
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December 2, 2022 12:45 PM
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Zeona Discusses How To Build A Short & Mid Term Rental Empire

In today's episode, we have our special guest, Zeona McIntyre. Zeona has been an Airbnb host since 2012. After 10 years of managing short-term rentals across the globe, she has transitioned to selling Real Estate to investors looking to house hack or live for free. She is an avid Real Estate Investor owning a double-digit portfolio of short and medium-term rentals. Zeona has been to 47 countries, she spends half the year in Boulder, Colorado, and the other half traveling the world as an international pet and house sitter. Listen to the full episode and reveal her strategies.

Key Takeaways:
3:48 Tips on how Zeona gets into international pet sitting and house sitting.
5:29 Details using rental arbitrage.
7:33 Importance of having great communication.
8:06 Airbnb was your main source of marketing
9:01 Airbnb training Wheels strategy is revealed!
10:28 From renting to 12 units in four states.
11:28 Why One market over another when you transitioned to medium-term rental
15:07 Tips for choosing locations for your rentals.
18:03 Two ways to fill your rentals.
24:08 Tips for managing Short & Mid Term Rentals
28:22 Red Flags for tenants
29:30 Zeona good horror story.
33:30 Rental regulations that you need to know.
Zeona Book “ 30 DAY STAY” Revealed!

Connect with Zeona McIntyre at:

IG: https://www.instagram.com/zeonamcintyre/
FB: https://www.facebook.com/ZeonaMcIntyreRealEstate/
YouTube: https://www.youtube.com/channel/UChQViQdjrSdFaoZnchKHEMw


Visit her website to learn more 👉https://www.zeonamcintyre.com/

----
The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member’s ability to successfully invest in #realestate

Join AZREIA here: https://azreia.org/join

Is a Career in Real Estate Right For You?
Take AZREIA's Real Estate Investing Entrepreneurial Self-Assessment at
👉 https://azreia.org/entrepreneurial-se...

Azreia Real Estate Investing Entrepreneurial Self Assessment
Who is it for?
☑️ Anyone who wants to know if Real Estate Investing is right for them BEFORE spending time or money on education and training.

☑️ Everyone new to Real Estate Investing
Our Entrepreneurial Self Assessment is designed for you to understand if Real Estate Investing is right for you and if so, if you are best suited for active or passive investing.


Our membership is a community consisting of independent real estate investors who invest in:
🏡 SINGLE FAMILY
🏙 SMALL MULTI-FAMILY
🏡WHOLESALERS
✍️ NOTES

Educational opportunities are plentiful and delivered through AZREIA’s own education program and in collaboration with outside education providers.

🎓AZREIA’s Core Education Classes are specifically designed for new investors to develop their critical skills quickly and effectively.

🎓Our strategy classes are provided through AZREIA and others and deliver an advanced level of knowledge.

-----
Discover:
https://azreia.org/wholesale
https://azreia.org/property-scout/
https://azreia.org/landlord/
https://azreia.org/notes/
https://azreia.org/

Join our conversation at:
Facebook: https://www.facebook.com/azreia
Twitter: https://twitter.com/azreia?lang=en
Instagram: https://www.instagram.com/arizona_reia
Linkedin: https://bit.ly/3vKMnrR
Website: https://azreia.org

Join the Deal Finders Club, NOW! http://www.azdfc.com
🤝 Struggling to get your real estate business off the ground? Short on time or do you just feel stuck? The Deal Finders Club is a community of like-minded individuals committed to holding each other accountable, signing more contracts, and closing more deals so they can achieve financial freedom and live life on their own schedule.
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November 30, 2022 3:26 PM
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Elon Musk says the Fed must cut rates ‘immediately’ to stop a severe recession

Elon Musk says the Fed must cut rates ‘immediately’ to stop a severe recession | Real Estate News and Auction | Scoop.it
In a tweet early Wednesday, Musk called on the Fed "to cut interest rates immediately" or risk "amplifying the probability of a severe recession."
AZ Mountain Lake Realty's insight:

THEY WILL PIVOT.....

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November 29, 2022 8:11 PM
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An Economist's Top 10 Predictions For 2023: Matthew Gardner

An Economist's Top 10 Predictions For 2023: Matthew Gardner | Real Estate News and Auction | Scoop.it
Cut through the online clutter and armchair quarterbacking of the real estate industry with these expert predictions from Windermere Real Estate Chief Economist Matthew Gardner.
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November 28, 2022 10:39 AM
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'Most economists are predicting a recession in 2023': I own a rental property. Is it a good time to take out a bank loan and renovate — or should I wait?

'Most economists are predicting a recession in 2023': I own a rental property. Is it a good time to take out a bank loan and renovate — or should I wait? | Real Estate News and Auction | Scoop.it
We are also open to changing our business model.'
AZ Mountain Lake Realty's insight:

# flat fee MLS

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November 28, 2022 6:51 AM
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Today's Mortgage, Refinance Rates: Nov. 28, 2022 | Rates Hold Steady and May Start Decreasing Soon

Today's Mortgage, Refinance Rates: Nov. 28, 2022 | Rates Hold Steady and May Start Decreasing Soon | Real Estate News and Auction | Scoop.it
Mortgage rates are holding steady today. Many major forecasts expect that rates will trend down in 2023, boosting home shopper buying power.
AZ Mountain Lake Realty's insight:

#flat fee MLS

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November 25, 2022 12:34 PM
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Here's why this top economist says we're not just headed for another recession

Here's why this top economist says we're not just headed for another recession | Real Estate News and Auction | Scoop.it
The former CEO of PIMCO sees three trends that suggest a transformation in the global economy is under way.

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November 24, 2022 6:51 PM
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Rental market cooling down in Phoenix, but rent affordability still an issue for some people

Rental market cooling down in Phoenix, but rent affordability still an issue for some people | Real Estate News and Auction | Scoop.it
While there's been a cooling down of sorts recently, real estate experts say the average Arizona worker must devote 61 hours of their paycheck every month to afford rent, which is 20 more hours than five years ago.
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November 24, 2022 11:35 AM
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Housing inventory in the Phoenix area more than doubles year over year

Housing inventory in the Phoenix area more than doubles year over year | Real Estate News and Auction | Scoop.it
Housing inventory in the Phoenix area grew 136.6% in October, compared to the same month last year, new data from Phoenix REALTORS® shows.
AZ Mountain Lake Realty's insight:

https://www.arizonamlsflatfee.com/

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