pid=2107Houston Real Estate Highlights in July, 2024:-Single-family home sales rose 1.8 percent year-over-year;-Days on Market (DOM) for single-family homes went from 42 to 44 days;-Total property sales were down 2.1 percent with 8,969 units sold;-Total dollar volume increased 4.4 percent to $3.8 billion;-The single-family median price increased 2.9 percent to $350,000;-The single-family average price rose 4.7 percent to a record high of $445,440; -Single-family home months of inventory registered a 4.3-months supply, up from 3.1 months last July;-Townhome/condominium sales continued to decline, falling 19.5 percent, with the median price up 0.7 percent to $221,500 and the average price declined 0.8 percent to $261,123.

Both are left with all the supplies they need and both have access to an airplane.

I've heard of mentees who started cleaning up construction areas on a flip at the end of each work day or picking up supplies at Home Depot and delivering them to the job site.

I supply the financing, he supplies the build. 

If you are a licensed contractor for instance and capable of major remodeling projects as your trade, this would be considered adding value to the property and would risk IRS action.Sounds like "improving" or "upgrading" the place is not allowed.

The Midwest and Northeast regions have shown consistent growth, driven by balanced supply-demand dynamics.

Demand is greater than supply.

Know that you are often competing against well funded groups of investors who are capable of paying whatever price they want for a property.  

If you have only 1 month supply everything sells and sellers don't have to offer much discount. 

The biggest problem is that they usually internally supply parts - so if your part is unique by any means, you will be waiting until they can source that part.