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6 May 2024 | 23 replies
In 45 years in the real estate investment business, I NEVER saw anyone long term successful in the business who wasn’t PASSIONATE about real estate.
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5 May 2024 | 3 replies
East Tennessee home sales increased 8.9% from the previous month, but were down 1.4% from a year ago.The median sale price was $354,000 — up 10.3% from the previous year.Total housing inventory increased from the previous year – up 24.0% from a year ago.Half of the homes sold were under contract in 28 days or less, up from 25 days a year ago.45% of homes sold for the asking price or above, with 21% selling for more than the asking price. 8% sold for at least $10,000 over asking and 2.6% sold for at least $25,000 over asking.The sale-to-list price ratio increased to 97.8% – up from 97.6% last month.New construction represented 16.5% of total home sales.If you want to dive deeper into some numbers in the Knoxville and surrounding area I'm always happy to nerd out.
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5 May 2024 | 2 replies
But it was near a neighboring city (30-45 minute commute) with a lot of potential value.
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10 May 2024 | 116 replies
I wish that I was in a position 4-5 years ago to load up.
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5 May 2024 | 5 replies
The 4-5 Bed / 4+ bath's underwrite well in my area of the Southeast.
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6 May 2024 | 65 replies
I’ve been investing in rental real estate for a few years now and house hacking my primary residence (turned my basement into a 2/1 apartment) One thing I’ve been considering doing is scale as fast as I can and in 5-6 years say I’ve acquired 20 SFR’s take the 10 worst performers and sell them and put the funds towards paying off 4-5 of the remaining 10.
6 May 2024 | 62 replies
I do terms sales literally EVERY month, I'd have to dig to find how many months in last 4/5 years I didn't have/do a terms sale.
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2 May 2024 | 2 replies
THE MOST IMPORTANT THING I LEARNED ABOUT SALES IN 45 YEARS IN REAL ESTATEI, like most people, thought exceptional success in a sales field was due to a unique ability of an individual to somehow “connect”, “convince”, or “persuade” people to purchase the product or service the salesperson was selling.
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8 May 2024 | 112 replies
I'm not sure of your connection with this company, but maybe someone from your team could reach out to OZ realty and look into this.The property in question appears to be 1814 Marlow Rd, Toledo, OH, 43613Median days on Market for Toledo Ohio is at or around 45-50 days based on MLS data.7/29/2023: listed for 65k4/16/2024: Sold for 48.5kThe property took 5-6 times longer to sell, which is very interesting considering that it may be a seller's market.
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3 May 2024 | 12 replies
Ft)Medium Cosmetic ($45-$55 x Sq.