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31 January 2025 | 44 replies
The average for the U.S. in the third quarter was a 28.7% return on investment.It’s impossible to know what every flipper in the U.S. spent to remake homes but Attom said the 28.7% return is within a range that could be easily wiped out by renovation expenses, mortgage payments and property taxes.”My large last extensive rehab was a little unit and I spent over $100k and I have done quite a few rehabs (3 last year, so hopefully my cost is competitive with what can be achieved).
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14 January 2025 | 329 replies
Suspect it was in competition for largest budget surplus in the country.
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21 December 2024 | 12 replies
You don’t want to manage passwords, have guests making purchases against your account, have your account locked out, or explain to your cleaner how to find the % character on a 9 button TV remote do you?
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21 December 2024 | 6 replies
I just had a vacancy come up in the middle of a fourplex escrow and the seller had the unit re-rented in under a week for $50/more per month. 6) Yes it's hot, but with individual metering the landlord doesn't foot the electric bill 7) Yes the market is competitive here, but mostly for 3/4 unit properties.
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9 January 2025 | 35 replies
I only operate 1 house I bought this year, but I'm eager to stand out in the competition.
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10 January 2025 | 26 replies
Great markets, but very competitive.
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21 December 2024 | 11 replies
San Diego is a competitive RE market with decades of near top of nation appreciation and rent growth.
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6 January 2025 | 57 replies
I recognize not everyone gets this but my margin is wsj prime plus 0.5% which currently is a high 8.5% (8% + 0.5%) but fairly recently was competitive with mortgage rates.
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28 December 2024 | 13 replies
Additionally, Chase Ink Business Preferred offers competitive travel rewards and may pair well with their banking services.Bundled Solutions: If keeping everything under one roof is critical, you might explore Silicon Valley Bank or First Republic Bank, depending on your location.
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27 December 2024 | 20 replies
The truth is that New Jersey, especially Northern New Jersey, is a tough investment market due to low inventory, high competition, and high taxes.