Michelle S.
Need Some Education on Insurance in Houston, TX After a Storm
12 July 2024 | 3 replies
According to my Matic agent, this hike was due to the change in insurance companies and a reduction in insurers willing to cover the Houston, TX area last year.
Christina B.
Guest Rating Question
10 July 2024 | 11 replies
Sateen weave has a tendency to trap stains and they pill up over time.
Sartaj G.
Paying down 1 or 2 morgages faster with extra payments
11 July 2024 | 22 replies
At $1000 extra there is additional 5 years reduction only.
Maikel Figueredo
How to wholesale when house is listed with and agent?
9 July 2024 | 28 replies
GO TO REDFIN, SEARCH YOUR FAVORITE ZIP CODELOOK UP WHATEVER PROPERTY TYPE YOU WANT AND GO TO "SOLD" PROPERTIES WITHIN THE PAST 3 MONTHS ONLY OR EARLIER GO DOWN THE PAGE AND CLICK "DOWNLOAD ALL"IT WILL THEN PROMPT YOU TO OPEN AN EXCEL DOC- OPEN IT-FROM THERE FILTER THE PROPERTY PRICE LARGEST TO SMALLESTFIND THE AVERAGE PRICE BY HIGHLIGHTING THE ENTIRE "LIST PRICE" COLUMN OF THE SOLD PROPERTY SPREADSHEETAFTER CLICKING THE "AVERAGE" FUNCTION, YOU WILL BE GIVEN A DOLLAR AMOUNT- (BOLD THAT FIGURE) THEN GO TO THE SQUARE FEET COLUMN AND DO THE SAME- FIND THE AVERAGE SQUARE FOOTAGE - THEN CLICK "AVERAGE" HIGHLIGHT THAT FIGURE TOODIVIDE THE AVERAGE DOLLAR AMOUNT OF ALL THE PROPERTIES SOLD WITHIN MAX 3 MONTHS FROM THE AVERAGE FIGURED SQUARE FOOTAGE TO GET YOUR MEDIAN PRICE PER SQUARE FOOTYOU WILL USE THIS FIGURE TO DETERMINE IF A PROPERTY WITHIN YOUR PREFERRED AREA CODE IS DEEPLY DISCOUNTEDTHEN, YOU WILL GO BACK TO REDFIN AND CHANGE THE SOLD TO ACTIVE AND DO ALL THE FILTERS PER YOUR PREFERENCE- "PUT IN KEYWORD AREA- "TLC" "CASH PURCHASE" , "NO FHA" AND "UNINSURED" AS WELL AS HAD A PRICE REDUCTION - EITHER MUTLTIPLE OR AT SOME POINT WHILE IT WAS LISTED HAS A REDUCTION (THIS USUALLY MEANS SELLER HAD HIS LISTING AGENT REDUCE PRICE BECAUSE HE WANTS TO SELL QUICKLY- ) SO IF A PROPERTY YOU FIND (AND THERE ARE A LOT) HAVE HAD 3 REDUCTIONS IN PRICE AND HAS BEEN LISTED FOR AWHILE...
Jon K.
(Current) Tenants say the dumbest things, too...
12 July 2024 | 281 replies
So they wrote a letter to the landlord insisting on a rent reduction of $100 based on what they called "rent discrepancy".
Sara Conner
Deal Analysis Help
11 July 2024 | 10 replies
I think the majority of the confusion likely comes from the fact that most all of the builders that have inventory on our marketplace are offering unique incentives like extensive rate buy downs, free PM & maintenance guarantees, up to 10% price reductions or up to 10% cash back, etc.
Gustavo Domit
Seeking Advice from Fellow Real Estate Investors: Sell or Hold?
9 July 2024 | 5 replies
Here are a few considerations:Market Trends: The local market shows signs of softening with more homes for sale/rent and lower rent prices.Future Cash Flow: With expected rent reductions, my cash flow could drop to $950/month.Alternative Investments: I haven’t found any local deals that generate positive cash flow.
Diego L.
2 out of 3 rental units empty
8 July 2024 | 7 replies
Price reduction of $150 x 12 months = $1800.
Myer Johnson
Fix and Flip for sale
8 July 2024 | 9 replies
Before price reduction seriously consider kitchen island with seating (2 seats, maybe 3 would fit?).
Zaid A.
Financing paid off properties ?
8 July 2024 | 9 replies
Wall Street thought we were going to get six- eight rate reductions this year we’ve seen none so far and stagflation is setting in , the Fed is trapped , if they reduce rates now , inflation could catch on fire if they increase them again too much something in the economy will break I think we’re in this holding pattern for one to two years personally, I don’t claim to be a macro economic expert, but I do study it quite a bit and I’m not counting on or expecting rates to come down anytime soon and even if they do, they’ll just be small quarter-point rate hikes not enough to make a huge difference in cashflow, so ..I either hold and if they do decrease rates, there will probably be another asset inflation bubble, which will increase my appreciation, or my cell and deploy the capital more wisely and look for some market softening and buy a good deal