9 January 2022 | 0 replies
Here’s a look back at Quincy’s RE market over the past 3 years.About the DataI’m not a realtor with access to the MLS, so the data behind this post comes from Zillow and may therefore be incomplete and/or compel you to algorithmically overpay for billions of dollars of real estate.The data is comprised of 2067 properties (e.g. condos, SFH, MFH) sold in Quincy in the last 3 years.Prices Went UpFirst let’s look at the monthly median sale price over this period:A little choppy, but things are generally up and to the right as you’d expect.
10 January 2022 | 3 replies
You have to “spend” or pay more than you net from the sale.
11 January 2022 | 10 replies
Most of the time, your rehab cost is not deductible the year you spend it.
20 January 2022 | 6 replies
For what you are spending , you can find a SFH in the county in a better area .
12 January 2022 | 20 replies
Find ways to spend more time on tasks that will lead to a higher execution rate of deals.
12 January 2022 | 3 replies
A simplified example with easy numbers: You borrow $90k in private money to buy a $100k house and spend $30k in renovations.
10 January 2022 | 3 replies
A lender might make $100 on a $30000 loan and needs to spend 100 hours of time.
10 January 2022 | 3 replies
Spend $300K to add an ADU to our current home on five acres in a vacation destination that could generate a similar ROI as an STR.
10 January 2022 | 1 reply
Also very good at tax strategy. not cheap though. of course, this is client by client, but the person I know who uses them spends around $7,000 a year on them.Bob Coleman out of OP has a great reputation.
17 February 2022 | 16 replies
Yes if you build the systems and relationships to do it, which means spending some time on the ground in that location to do it.Now that I have that off my chest- Where- Start with major cities in your surrounding states first then expand out- Milwaukee, St.