10 September 2024 | 4 replies
You need to expect to put 50%+ down to break even on most properties around here though as the average 3 bed 2 bath is going for 1.2-1.3 million right now.
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10 September 2024 | 8 replies
At these numbers HVAC repair breaks down to $2000 cost per year on average to replace a $10k unit every 5 years.
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9 September 2024 | 0 replies
During our monthly market study, Marion Oaks (Ocala) consistently stands out as the area with the highest demand for new construction housing.Below are some of the markets we analyze, along with their average months of housing supply: - Palm Bay: 3.4 months - North Port: 4 months - Port Charlotte: 5.4 months - Marion Oaks: 2.2 months - Silver Springs: 2.8 monthsStudy Criteria: Single-Family Homes Built in 2022 or later, 1400-2400 sqft.
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11 September 2024 | 10 replies
If after adding the additional monthly recurring costs (electricity, gas, water, internet, insurance, lawn care, snow plowing, etc.) to the standard long-term costs (Mortgage, taxes, regular insurance, etc.) the property won't net at least $100 if I can get the average rent I see on FF for that area, then the property isn't worth more investigation.
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10 September 2024 | 4 replies
I don't know the average home in Monmouth County, though.
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11 September 2024 | 7 replies
Section 8 only is of interest as the current rent we are getting is an average of $1100 per month and for the zip code it shows $1490 for one bedroom and $1650 for two bedroom.
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10 September 2024 | 9 replies
This is higher than the national average of 4, and the risk is highest for violent crimes.
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10 September 2024 | 0 replies
We went from making an average of $7.3k per deal in 2017 to $35k per deal in 2019, sometimes hitting home runs of $70k, $80k, and $90k in profits—more often than we could have imagined.We also started building a team, hiring Acquisition Managers to meet with distressed seller leads.
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10 September 2024 | 1 reply
We’ve had great success with our listings, regularly achieving 5x the market average ADR on Airbnb and receiving frequent offers from local realtors to purchase.We’re now considering scaling up with a new project and have been approached by a friend who’s interested in partnering with us, providing financing for renovations.
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9 September 2024 | 0 replies
A couple of my investors are looking to invest in this particular market and just looking to get an idea of the average price per acre for large rural farmland properties.