Purchase price: $275,000 Cash invested: $45,000 Sale price: $410,000 Contributors: Adam Schooley This townhouse, which had gone through probate, suffered from significant water damage to the drywall and required updates throughout.

I think over the foreseeable future we will see this continue due to rising prices in those markets like California and New York.

OpportunitiesAffordability: Compared to many West Coast markets, Albuquerque properties often come at a more affordable price point, making it possible for investors to get started without a massive initial capital.Rental Demand: Due to the presence of UNM and other educational institutions, there's a consistent demand for rental properties, especially those close to campuses.Cultural Appeal: With its rich Native American and Hispanic heritage, Albuquerque offers cultural festivals, markets, and historical sites.

I went with Kiavi for the refinance, paid $1,000 for their appraisal, and was shocked when it came back at $115,000 the exact price I paid for the property.

Most listings have 2.5-3% allocated to the buyers agent already written into the listing agreement but you could write into the offer something lower, adjust the offer price lower accordingly and then pay your agent directly instead. 

As Andrew mentioned, you will have to be very price competitive to get January and February bookings.

I’m looking to do a 1031 Ex w 300k down and 650 purchase price can anyone suggest areas that might cash flow w these numbers ???

I know that anything in California price-wise is far above many parts of the country. 

Asking price is $998,0002 duplex units on 1 acre in good location.It's been on the market for a while, so I believe we could offer slightly above $900,000 and be considered.I would increase the rent after updating each unit.

I think investors see it the same way and invest that way too leading to bumps in prices if they start to see a trend.