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1 August 2024 | 8 replies
Then packaged a few such properties together, went to a bank and refinanced them out and then tried to find a new property to put those private lenders on.Admittedly, we usually left some of our own money in the properties (our average all in price is about 82% of the ARV) but we had some money to work with which not everyone does (why I recommend house hacking to start for most).
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1 August 2024 | 12 replies
I am planning to average the utilities for 3 months among all the tenants vs charge a standard rate !!
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1 August 2024 | 7 replies
Real estate investing is a forgiving world; the average person can still make money even with some big mistakes.
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31 July 2024 | 2 replies
The College Hill area averages around $2,082 across all unit types.
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31 July 2024 | 46 replies
This appears to be about average for the whole owner community.
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30 July 2024 | 1 reply
Actual median sale prices are up to $850,000 from last year’s median sale price of $799,999—just a $50,000 increase year over year compared to the asking prices, which are up nearly $100,000 since last year.Bronx properties are on the market for less time compared to last year, with the average days on market (DOM) going from 77 days (in 2023) to 74 days currently.The Bronx neighborhoods with the most househack activity so far in 2024 are:Wakefield (NYC’s northernmost neighborhood!)
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30 July 2024 | 5 replies
How much is the average turn key single family home/duplex in Jackson, MS C+/B- areas?
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31 July 2024 | 4 replies
@Bubba McCantsWe have clients in the Reno Tahoe, NV area that are taking a bit of hit on the cash flow because of the above average appreciation growth boosted by tech jobs and people moving from CA.
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31 July 2024 | 4 replies
We're trying to raise a portion of the funds for a small resort (6 cabins) from private individuals and I'm running into some difficulties: The whole real estate syndication accredited vs/non-accredited investor thing (if I'm understanding it correctly) seems to be a huge hindrance to actually raising money from average (non-wealthy) people that would normally be the kinds of people I'd come into contact with.
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31 July 2024 | 8 replies
These can at times offer lower than average 30 year fixed rates, eliminated PMI requirement, lower down payment requirements, and closing cost credits.