You can see in the violin plot that compared to 2019, the long tail of slow-selling properties gets visibly thinner in 2020 and 2021:The closing price vs. list price graph further highlights increasing frothiness in the market:Properties that sold for the highest percentage over list:Listed 7/17/2021 for $589,000, sold 9/8/2021 for $753,000 (27.8% over list)Listed 11/4/2021 for $399,900, sold 12/14/2021 for $504,200 (26.1% over list)Listed 7/16/2021 for $524,900, sold 8/19/2021 for $650,000 (23.8% over list)Properties that sold for the highest percentage under list:Listed 7/18/2018 for $539,900, sold 2/1/2019 for $300,000 (44.4% under list)Listed 7/27/2020 for $1,950,000, sold 11/30/2020 for $1,250,000 (35.9% under list)Listed 6/20/2019 for $749,900, sold 12.30/2019 for $530,000 (29.3% under list)Wrap UpNothing unexpected fell out of the data; prices increased considerably and the Quincy market got hot during a time of historic asset appreciation nationwide.

Life happens and the unexpected can happen.Watch out for salespeople that are looking to put you into a product that you may not need/want. 100%+ of first year premiums are paid out on commissions to agents.

It's going to be another unexpected market conditions which many don't want to play.

Greetings to all fron NJ.late 60's couple, husband died unexpectedly at work, just before Christmas.SFH.

In addition to this rehabbing a property also leaves room for the unexpected.

Owner is unexpectedly in over their head on the property about $30,000 after further review of their foreclosure fees and I want to find a solution to be able to get this headache off her hands. 

It sounds like you are doubting your offer right now so is the doubt from; 1) unexpected repairs after the offer or 2) general deal anxiety?

I am thinking you could cater to Tesla owners / and other EVs  I know as a Tesla owner myself its an important component when I am on a road trip IE pick a hotel with a Tesla charger.

If it’s a part of the main structure and conforms with the rest of the home in terms of building components, heated and cooled sufficiently, etc. it should be included in the GLA of the main structure and should not be valued any differently.

Many investors make good money, but they are miserable.There are several serious assets a person should have before they jump into real estate investing such as:a) enough cash to handle the unexpected repairs, vacancies, tenants who don't pay rent and legal costs,b) enough math skills and many other experiences about properties to understand whether or not the purchase of a property will result in a profit,c) enough math skills to calculate your profit at the end of every year and this includes understanding enough math to calculate your profits from depreciation, rent income, rent increases, property appreciation and increased property value that results from rent increases e.g. using the Gross Multiplier.d) the mental maturity and skills it takes to deal with tenants who, who destroy your property, don't pay their rent and then to deal with evictions and attorneys without getting stressed and going insane.e) be knowledgeable about real estate rent laws andf) ability to produce accurate bookkeeping records for banks annual audit and the IRS audits.So, when many people ask if the real estate business is good to get into I don't think it is right to just tell people, "'Anyone Can Do It".