All Forum Posts by: Jared Elms

Hello,

Sorry to hear that. There are a lot of uncertainty in the economy and looks like higher end houses are getting the hardest hit. There are split opinions on if the house market is making a correction, crashing, or going up. Nobody knows the future but I would be prepare my self for the worse. Can you handle the worse outcome or maybe it is a good time to cut the loses.

 Your Bio says you flip in Lobbock so I checked that out and found it on Wayne Ave, I believe. Looks nice.

It lacks "warmth". People look online first so there needs to be something to draw them in. Add some flowers, art work, color in the kichen, some items of interest. Right now it probably is a large echoing living room. Renting furniture to stage is a bit expensive so that's not always feasable, but books on the shelves, you can hange sheets on curtain rods to add color, that sort of thing.

https://designingidea.com/

Hey @Jared Elms - guessing you're already listing it with an agent? If not I would focus on hiring an agent that is experienced in the area as likely they will have more connections than you may of both retail buyers and investors. 

Market sentiment is the same wherever you are, even flippers in NYC are seeing inventory stay on the market longer than what they were spoilt with in 2020-2021. 

From a lender standpoint I can share that if you buy multiple within a 90 day period of the credit check is the best route. As we can use a report for up to 90 days on as many properties as you would like. Even if you had to do it ever 90 days that is only 4 checks a year, much less damaging then checking per transaction