Now in our market of PDX from what a bigger PM told me that only manages apartments he said some of the new construction does have stress IE by the time they started them and with cost rises in labor and materials .. the rents are not hitting performa and or over build and rents have to be lowered to fill the units both stressing the owners .

Self-promotion is not allowed in our forums, which includes links to your AirBnB listings, blog, website, contact information, etc.There is only one place we allow this sort of post, and that's in the Marketplace Forum.

Keep being involved in the forums, reading the BP material and guides, participate in the BP webinars, check on the videos on the formulas, and listen to the podcast.If you need help with a particular lesson feel free to message me!

When you have completed $10k worth of work, you need to know how fast and how much work it is to get the draw that you need to pay your materials/labor and refill your coffers for the next stage of your rehab.Hope this helps. 

Wait for near bottom to buy the land and start building or build fast now before materials rise. 

Then he gives me a cost of what it would take for labor and then an estimation of materials, so I can submit my offer quickly. 

When he asked how much they thought it was worth he would put the stamp on it and show them the materials showing his recommended price.

The web site says http://fortworthtexas.gov/neighborhoods/NEZ/Promote housing, economic development and quality services in Fort Worth central city.So what does this really mean for those of us who have rentals in the area? 

Although there are many properties promoted towards investors, they are often vacant.

I think the price they paid is not really material here because at the end of the day, they own the asset now and will be looking to maximize profit and limit holding time.