So for example a $550k 3/2 home will produce $55-65k in gross rents.

I got voodoo'd by this on the very last house I bought, where I am *certain* the bank would have come down another $2k but the selling agent magically produced another offer that was going to come up $1k from the bank's offer in order to "entice" me to take the bank's "final" offer.

Don't get me wrong, there are some great VAs out there, but you have to find them, train them, monitor them and pay them well for them to produce anything above mediocre results. 

If you plan to originate and sell, to get yields into fair market territory, you'll be discounting your paper, meaning that your margin on the home will need to be high enough to absorb the discount and still produce a better return than just outsourcing the lending process.

Purchase price: $640,000 Cash invested: $1,200,000 Turned a shuttered and rundown 13-unit waterfront motel into a brand new vacation destination with added lakefront "tiny homes".

One day we're looking at building tiny homes in Moab, and the next we're looking at Geodomes in Sedona.

Cousin A used to have an income-producing property.

Since there are so many interior walls, one feels obligated to load each room with a bunch of furniture and tiny pieces of art that will fit on the tiny little walls. 

Like the previous monthly reports, the market typically reacts to numbers in comparison to estimates.Producer Price Index (PPI)The Producer Price Index (PPI) report is similar to CPI; however, it tracks costs (and inflation) for producers, such as product manufacturers or service suppliers.

You know it’s funny back when I was flipping in dc pre covid, I was always amazed at the prices and in the back of my head was like I cannot believe people are paying 800-1 million to be in a tiny rowhome in a frankly pretty rough area, now of course everyone who didn’t grow up here throught it was just was the way it was, but growing up here I tried to explain to everyone just how bizzare it was that the city was so much more than then the burbs, (from 06 on there were entire areas that went up fourfold, where as the burbs were kind of flat for a decade) I won’t say I saw dc’s crash coming but it seemed so unnatural to me having grown up in the area, I also don’t think we’ve seen close to the bottom as far as urban real estate, as you said you can still trade a house in the city for one in the burbs but really given how urban living is + remote works, cities should be significantly less than an equivalent burb.