The seller data is useful but it must be evaluated within the context of your own investing knowledge and experience.A local property manager who manages similar assets can also provide useful data.Use your local market knowledge and experience to develop a proforma you feel confident in and proceed from there.Arn

Hello everyone,I’m currently exploring opportunities in new construction projects in North and South Carolina and would greatly appreciate any insights or resources you might be able to share.Specifically, I’m interested in:Key areas with high demand for new constructionBest practices for navigating local regulations and permitting processesRecommendations for reliable contractors and suppliers in the regionAny recent market trends or data that could inform my investment strategyThank you in advance for your assistance.

There are multiple factors that go into determining rents and if there is limited data the rents will be off. 

Our final price for the 67 unit was 17% less than offer.6.

We're finalizing the acquisition of our first duplex and just had our inspection.

Usually on DSCR loans, lenders will provide a preliminary cost breakdown but we usually can't pick the pencil back up and finalize terms until the appraisal report is in hand and expenses (tax/insurance/HOA figures) are finalized.

Use a renovation loan where the initial rate is interest only under 7% and then you refinace into the perm loan when the builder or GC is done with the final draw.  

Data over the last century shoes REITs have a correlation to stock market returns. 

If the owner lives in town, you could even go knock on their door, I find this to be extremely successful when you are going after foreclosed properties.As to your 1st post, you might want to look at city data for growing markets, It looks like Rochester lost population last year, vs if you look at sunbelt cities like, Houston, DFW, Austin, Miami, Orlando, Tampa, these cities saw at a minimum 1% population increase.

Am I stuck just waiting to see if he finally responds and pays by 09/01?