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9 January 2025 | 4 replies
Can anyone please explain what 'rent to price ratio' is when you are finding deals?
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6 February 2025 | 16 replies
A quick formula you can use is your estimated purchase price times .0134.
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1 February 2025 | 1 reply
I'm looking to identify a builder with the following characteristics:1) Eager to grow his/her company and reputation in the market2) Has produced at least five high quality builds in Arizona which are at least 4K sq ft 3) Has proven track record of completing builds in a timely manner4) Personal capital to allocate to projects (optional, but ideal)Please reach out to me if you or someone you know might fit these criteria. are you set that you want luxury?
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6 February 2025 | 8 replies
If you can’t flip or refinance in time, while making interest payments to both the HML and the seller, you could lose the deal entirely.As @Twannisha Jackson mentioned, 75% LTV is very high.
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27 January 2025 | 0 replies
Wow, what a rollercoaster 2024 was for the housing market. After watching the trends and digging into the numbers, one thing is crystal clear: New-home sales 2025are shaping up to be the silver lining in what’s othe...
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1 February 2025 | 14 replies
Once you go above $125k/unit you start to get into the high end areas that won't have very good rent/price ratios and are under the 1% rule mark for turnkey stuff.Neighborhood wise in the city the "East End" is where the most expensive real estate is since that's where the universities and a lot of the hospitals are located.
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6 February 2025 | 5 replies
Our agent negotiated us a credit for one aspect (floors) but given the true work that really needs to be done is there anything we can do at this point... like arbitration to cover costs of actual work that needs to be done.
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30 January 2025 | 45 replies
But then as the home prices kept going up, they decided to get out of the market, thinking that there would either be another crash or home prices had gotten too high at that point.
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24 January 2025 | 4 replies
I think because it's so competitive to survive in California, and being accustomed to high prices, they view the rest of the country as opportunity.
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6 February 2025 | 2 replies
Purchase price: $88,000 Cash invested: $25,000 Sale price: $179,900 I got this deal from an agent who was initially going to list it publicly but thought of me first.