We get very few cancellations now that we are using their cc processing and have tightened the rules.

We are at the top of this boom cycle, and the time is not right for the average buyer to make that move in many areas.Keep in mind that the faster/higher the boom, the faster and more severe the bust. 

I agree with John, we are seeing renovation costs of $150k- $200k for a basement unit and $250k + for a coach house. 

We are seeing much longer wait times on purchases to be cleared for disbursing funds than refinances.

Hey Patrick - we are targeting more sophisticated investors who will appreciate our approach to help them drive NOI margin and make informed buy/sell decisions.  

Downstairs 2br 1bath unit we are living in.

We are now at 21 doors under management and 3 are personal units that we self manage.

Now we are considering creating a Holding LLC that will be managed and owned by both of us.

So here we are 500 new builds in Oregon later ..

However, the HOA then said "we are still fully opposed to the door".I am working with our RE attorney, but I was wondering if anyone had any tips or experience in this situation.