Gavin Sorensen
Navigating the Luxury Land Market in Paradise Valley and Scottsdale (Arizona, AZ)
29 July 2024 | 0 replies
Cultivating relationships with architects, builders, and luxury real estate agents can unlock unparalleled opportunities in infill development, land subdivision, and tear-down projects.However, navigating this market requires a keen understanding of land valuation.
Nick L.
My failure at the Milwaukee County Sheriff's Sale
31 July 2024 | 27 replies
You could probably go after high end mansions to renovate with lots of upside but the time to flip those is long and presents risk to your capital being stuck in a market cycle that has stalled and started to go back down again.This is why many are not rehabbing at all but flipping contracts and letting others take that risk.If you can sell a contract and make 5k quickly versus rehab a starter home and take months to make 15k to 20k it doesn't make sense.
Zachary Cain Humphrey
Odd STR guest interactions
30 July 2024 | 5 replies
Also in my early days had a beach mansion that had a last minute 1 night booking supposedly for a couple celebrating anniversary.
Cheryl Spangler
Tiny Home Renovation (Old Town Alexandria) 78k profit (378sf)
30 July 2024 | 0 replies
Unique home, tiny home, full renovation to bring luxury to the tiny home community, location (king st alexandria).
Michael Keith
5 Main Reasons Why the Real Estate Market Won't Crash
7 August 2024 | 73 replies
whenever there's inflation, real asset is usually going up except in situation in the local market where there's oversupply into the market.what would crash , however, is usually ground up development, real estate that requires short term financing, volatility in cap rate, and so on....residential real estate is actually not sensitive to interest rate but ultra-sensitive to inventory.
Patrick Flanagan
Rehab trends in rental units
29 July 2024 | 7 replies
That always makes it so much harder to rent, or secure a great tenant.Here's my standard go to list now for long term rental updates:-LVP that looks like wide plank white oak-Ultra Pure white on all the walls-Vertical/ modern stack backsplashes and showers-Pop of color on the cabinets (pop of color can include black too)-Butcher block countertops (lower end) or white quartz countertops (higher end)-Modern light fixtures in brushed brassKeep it neutral still but a couple of style choices with the light fixtures (which are cheap) and it will appeal to the masses.Good luck!
Yiwei Cheng
Where to own STR that cash flows at current interest rates?
31 July 2024 | 40 replies
The highest performing properties are typically 5 bedroom +, luxury spaces or are new builds with great amenity's with updated outdoor spaces.
Chris Seveney
Broker Price Opinions are useless
31 July 2024 | 19 replies
It’s been sitting on market for $2.8M…. chris what type of property.. commerical MF or SFR vacant etc.. to this makes a huge difference.. what I have seen over the years is high end SFR s U know the 12k sq ft mansion in Atlanta where they say the value is 5 mil.. but no one will pay more than 3 mil.. so to me those are impossible to value.
Amber Welsch
Does anyone have experience with renting with Furnished Finder?
31 July 2024 | 34 replies
@Amber WelschWe financed a project where the borrower retrofitted a property with two very large (8,000 square feet each) houses in a exurban area into luxury room rental, each with a large bedroom and attached private living room.
Mike Holt
Insights into Las Vegas Townhome & Condo Market Trends (2021-2025)
26 July 2024 | 0 replies
Henderson features a mix of affordable and luxury options, steady growth, and proximity to major employment centers.