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7 October 2024 | 35 replies
Someone will try to tackle this industry--we're motivated to be the ones to take a shot at it.Our product and experience are not fit for everyone and it's, by no means, as great as an experience as we'd hope.
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1 October 2024 | 0 replies
Now, let's break that down…- A median single family home is $543,000 (up 2% from last year)- A median townhome is $377,000 (Down 5% from last month so appreciation has slowed down significantly here: https://tmls.stats.10kresearch.com/infoserv/s-v1/IFbq-ZfR)More quick stats:- Homes went for 1% under asking, indicative of a less competitive market typical of fall- ⅓ of homes experienced at least one price drop- Homes sat about 21 days on market- Sellers has 10 showings before going pending- There are about 3,100 homes for sale, which is up 10% over last yearWe continue to see more options to choose from, more flexibility from sellers, and cyclical dips in prices across the board.
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2 October 2024 | 8 replies
Thanks again.No, this is not my asset class - I prefer a higher quality product, in turn I can capture a higher quality resident/tenant - mitigate turnover and increase ROI :)
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2 October 2024 | 4 replies
Relying on parking companies to manage and improve your "product" is paramount.
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1 October 2024 | 9 replies
We're just getting started with them and so far everything is going extremely slow.
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4 October 2024 | 22 replies
You have a product that is worth $2,000 a month.
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1 October 2024 | 2 replies
Slow growth wood yields much more heartwood, which is the longest lasting part of the tree, whereas sap wood (new growth wood) will rot very quickly.
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2 October 2024 | 12 replies
In my years of experience, it can be done slow and steady, and still accumulate many doors.
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30 September 2024 | 3 replies
Am I SOL or has anyone find a loophole or different product that will allow for this type of scenario?