All Forum Posts by: Oren Kachel

arent you concern about DOM, or breaking and entering while the house is on the market?

would you flip in a low income, no war zone area?

Gorden, was it an on market deal?

after studing and following for a few mounths ,after a few markets, I cant find deals that in that ball park rule.

ive seen a 120k property, that need a repair for about 40k, so obviosuly I will offer less the 80k.

but I cant even find an already sold properties that when I look at their price history (Zillow/Redfin) I see that the listing price, was X, and they were sold for less that 0.8X, or less than 0.7X.... not mentioning even  lower prices that include repairs ( in the 100k-120k properties there is always a repair).

am I missing something?
is it a myth?
am I looking at the wrong markets?
is that rule only available in off market deals, or in a  for-sale-by-owner?

any recomendation for a new markets wich are friendly for a far away out of state investor? 

Oren

Hey Rajan!
take a look at this, its two years old, but maybe still accurate



https://www.biggerpockets.com/forums/99/topics/513518-san-antonio-tx-how-to-understand-this-market?page=1

 Hey Kevin

those places look like a low inventory (on markert) markets, no?

sorry, I ment NOT TO.

the agents and PM's , when i asked them about the north , told me its a street by street, or "pockets"

but when I did my research with Huntsville RESIDENTS, they all talked about staying away from the north (they didnt refered to zip codes, but I guess they ment 35810.

one young agent I met here was optimistic about the north, ill send him this thread and ask him to join the discussion

 in my research I warned to to invest in the north side , and that most of it is a C-

(also most of the inventory under 100k-110k is in that area

10-15 homes?

I think there is no 10-15 homes on the MLS, I Huntsville metro :)

 Hi Tim

why is it a tough market to invest remotely?