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3 August 2024 | 12 replies
definitely not. especially if you stack instead of side by side. depends on the duplex but I'd be happy to take a look if you want. our pricing reduces by 15% from a single family to a triplex in columbus ohio and miami fl for new construction Thanks Robert for sharing that data. 15% is a nice chunk to save!
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7 August 2024 | 73 replies
Friday, unemployment data/PMI data shocked the market a bit, when just 2 days earlier Jerome Powell said the labor market "was normalizing".
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1 August 2024 | 35 replies
Only thing I need now is try and decrease the amount of time it takes me to walk through a property and populate the data.
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2 August 2024 | 10 replies
When institutions estimate operating expenses for calculating the NOI and subsequently the DSCR, they typically use industry benchmarks and historical data.
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31 July 2024 | 0 replies
Hello, I am a software developer and I have a data science friend who we want to team up on making software in the real estate niche.Tell me, as a real estate professional, please dream of your ideal software. what kind of software or software feature do you wish you had or wish that can be improved upon.
31 July 2024 | 10 replies
Ok I will check those websites out, Thank you.There's a variety of ways to get a deal in front of you (I'm mostly a flipper), but basically if it looks promising, I run custom comps queries and check the current & past $/sf of renovated/distressed product in that city or zipcode.Here's a chart on 90066 I generated from my tool under Market Stats > Sales Data > Specific Zip Code:- My above chart (more available) shows the Avg Renovated $/sf (High) over time in this Zip Code, something completely different than charts/providers based on Averages/Medians only, like every other platform (RedFin Below, https://www.redfin.com/news/data-center/):- Can't select smaller locations such as City or Zipcode for their $/sf data, so it's useless helping me underwrite/verify a deal.- Can set Zip Code for Median Sale Price data, but again it's the median/avg so it's useless helping me underwrite/verify a deal.Then if that looks decent, I'll run Sales Comps, and get a quick summary of some key metrics based on those comps.
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31 July 2024 | 0 replies
It does all those tedious "back of the envelope" calculations for listings within 50 miles of your city and refreshes its data daily!
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1 August 2024 | 4 replies
But, to me, that seems high but fully realize there are so many variables.Another data point - we are doing some very light work on a SFH property that we just purchased and getting ready to rent out.
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31 July 2024 | 5 replies
It’s fairly easy to find a list someone else has compiled from data determining hot markets.
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31 July 2024 | 1 reply
It pulls and refreshes it's listing data daily!