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11 September 2024 | 3 replies
It is about 1300 sq ft, I'm leaning towards LVP throughout and a pretty standard kitchen update-white cabinets, granite or quartz counter tops.
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11 September 2024 | 4 replies
I like how you are adding a market update.
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12 September 2024 | 4 replies
Hello @Greg Scott Thank you so much for taking time to review and provide insights. i have made adjustments to my analysis based on the provided feedback. here is the updated Chart. please suggest if i am missing any thing else.
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11 September 2024 | 21 replies
Vrbo says they also give preference to listings that are updated frequently.
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12 September 2024 | 4 replies
If it's just painting, fixtures, and some other superficial updates that could work.
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14 September 2024 | 26 replies
When I see a property starting to underperform, as the manager I have to run the data to figure out why and then make adjustments whether is lack of amenities, need updated photos, replace a couple pieces of dated furniture or increase my focus on advertising that property specifically.
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12 September 2024 | 54 replies
Hi all, I am looking for updated information on list services.
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11 September 2024 | 11 replies
Quote from @Jackson Ebersole: Hi Piper,It's always smart to flip properties in-state, and I'd like to share some updated insights on why this approach is beneficial, especially in the New Jersey area.Lenders typically feel more comfortable with in-state flips because:You can manage the rehab more easilyYou have better knowledge of local real estate trends and valuesYou can respond quickly to issues or make decisions fasterThere's a lower risk of fraud or being taken advantage of by distant partnersI can help you with recommendations for the New Jersey market:North Bergen: Continues to show strong potential, with average profits now around $150,000 per flip and a gross ROI of 85%.Willingboro: While specific flip numbers aren't available, the market remains active with a gross ROI now averaging around 130%.Gloucester City: Still a top performer, with gross ROI hovering around 180-190%, though still on smaller profit margins.Irvington: Home values have continued to rise, with a 20% increase over the past two years.East Orange: Has seen steady growth, with home values up by about 16% since 2022.Paterson: Experienced a 14% increase in home values over the last two years.Additionally, Jersey City and Newark have emerged as promising markets for flips, with strong appreciation rates and growing demand.
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11 September 2024 | 1 reply
The kitchen has upgraded quartz counters, SS appliances, and they updated the bathroom as well.