@Neil Rose Thanks!

Nothing has to be flashy... just fresh colors, clean, and coordinated.

@Amanda Rose There's no secret recipe for flipping properties. 

Single-family home sales jumped 13.2 percent year-over-year, with 6,044 units sold, marking the eighth consecutive month of positive sales;The Days on Market (DOM) figure for single-family homes was unchanged at 68 days;Total property sales surged 14.9 percent, with 7,393 units sold;Total dollar volume increased 19.4 percent to about $2.1 billion;The single-family home median price rose 5.2 percent to $245,000, reaching a February high;The single-family home average price climbed 5.9 percent to a February high of $301,648;Single-family homes months of inventory was at a 3.5-months supply, down fractionally from 3.6 months last February but above the national inventory level of 3.1 months;Townhome/condominium sales rose for a third straight month – up 12.8 percent, with the average price up 14.5 percent to $216,170 and the median price up 16.5 percent to $176,500;Lease properties experienced a mixed performance, as single-family home rentals increased 5.8 percent with the average rent up 1.8 percent to $1,768;Volume of townhome/condominium leases fell 2.2 percent with the average rent up 3.5 percent to $1,607.

Welcome to RE investing…it ain’t all roses…hope you kept good reserves...this may get ugly (hope I’m wrong).

pid=1704Houston Real Estate Highlights in February:-Single-family home sales jumped 13.2 percent year-over-year, with 6,044 units sold, marking the eighth consecutive month of positive sales;-The Days on Market (DOM) figure for single-family homes was unchanged at 68 days;-Total property sales surged 14.9 percent, with 7,393 units sold;-Total dollar volume increased 19.4 percent to about $2.1 billion;-The single-family home median price rose 5.2 percent to $245,000, reaching a February high;-The single-family home average price climbed 5.9 percent to a February high of $301,648;-Single-family homes months of inventory was at a 3.5-months supply, down fractionally from 3.6 months last February but above the national inventory level of 3.1 months;-Townhome/condominium sales rose for a third straight month – up 12.8 percent, with the average price up 14.5 percent to $216,170 and the median price up 16.5 percent to $176,500;-Lease properties experienced a mixed performance, as single-family home rentals increased 5.8 percent with the average rent up 1.8 percent to $1,768;-Volume of townhome/condominium leases fell 2.2 percent with the average rent up 3.5 percent to $1,607.

Philadelphia County saw its tenth consecutive month of year-over-year gain.New listings rose on a year-over-year basis for the first time in four months.

School closures will disproportionately impact blue color. 2020 housing market boom is fueled by blue color, they are the last wave. 

So, we expect that while there may be some delays getting paid, the vast majority will pay the rent in full.Market StatisticsThe data below covers the preceding 13 months for properties that conform to our basic search criteria, which is summarized below:Single familySale price < $400,000Bedrooms: 3 to 4Garage: 2 to 3Stories: 1 or 2The map below shows the location of about 80% of our clients’ properties as well as the approximate search area.The charts below are based on data from the Greater Las Vegas Association of REALTORS (GLVAR) MLS.Rentals - Inventory LevelsNote that inventory levels continued the decline that started in January.Rentals - Median $/SFRent rates rose in March and posed a significant increase year-over-year.Rentals - List to Contract DaysList to contract days has declined since January.Rentals - Closings by MonthWe are still seeing a lot of rental activities, even into April.Sales - Inventory LevelsInventory started falling in August 2019 but rose slightly in March.Sales - Median $/SFPrices started rising from November 2019 and continue to do so.Sales - List to Contract DaysList to contract days continued to decline since December.

It took me a long time to find a contractor who would give me a bid that was at the level of detail that I felt comfortable with, and the more they worked on the bid the higher the price rose...By the time the contractor's bid was finished, the rehab was going to be just under $100,000.