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29 April 2024 | 20 replies
@Farooq K.The numbers just don’t work in most places with this low inventory, high price homes with higher interest rates.
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29 April 2024 | 32 replies
@Christina Rogers smart move a real estate sales career you can do all your life.. most wholesalers shelf life is lucky to be 6 months... there simply is not enough inventory for everyone who takes these courses or thinks they want to be a wholesaler to go around.. your all competing against each other..
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29 April 2024 | 31 replies
This improvement suggests a growing buyer interest and possibly limited inventory, creating favorable conditions for quick turnovers.Toledo OH - RE Analysis (April 2024) - House Sales (1).pdfDemographics and Economic FactorsPopulation and Economic CharacteristicsPopulation Size: With a smaller population of 5,341, 43620 offers less competition in buying and selling, which is beneficial for flippers targeting niche market needs.Income Levels: The lower median household income ($27,442) suggests a demand for affordable, refurbished homes—ideal for flipping projects aimed at cost-sensitive buyers.Housing and Ownership TrendsRenter-Occupied Properties: A high percentage (68%) of renter-occupied properties indicates a transient population, potentially less targeted for flipping.
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29 April 2024 | 64 replies
Frankly and I was there Armando's students killed it.. we were early into Vegas in 2011 to 2013 buying homes basically all sub 120k I know if funded tons of them now average price in Vegas is closer to 300k for the same props.. when the foreclosures ran out ( thats what I was funding the flipper who was providing the inventory to Armando) they moved to Orlando and same thing we provided capital to buy fix and then sell to Students plus non recourse funding for IRA buyers.. same thing Students bought these for 70 to 120k each everyone of them has doubled or tripled..
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29 April 2024 | 23 replies
That is why as mentioned on my listings, we are not decreasing prices and since the inventory is very low with minimal comps, we have turn key remodeled homes going on market, we are setting the prices of what these homes are worth.
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30 April 2024 | 54 replies
But a lot of my clients that can get these better deals are now refinancing and keeping these and stacking inventory and when market conditions are such they can exit they will start selling and it makes sense hold them over 12 months and now you have a performing asset and you have cap gains instead of ordinary income.
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26 April 2024 | 45 replies
The music hasn't yet started again - high rates, low inventory, high prices and seller expectations.
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29 April 2024 | 13 replies
The markets I invest in have tightened up and there is a lot less inventory to choose from.
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24 April 2024 | 1 reply
Basically no inventory .
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29 April 2024 | 113 replies
Asking price is $4M, based on $7M in sales, $1M in assets, $2M in inventory and $1M in net revenue.