Purchase price: $161,000 Renovating now What made you interested in investing in this type of deal?

Acquisition price?

Where do you find details on prices, demand, cash flow etc? 

Basically, what these guys did to some of our Real Wealth Network members allegedly is:- GEG showed RWN some of the properties they had renovated and leased out to prove their business model- They told our members via a webinar that they buy, renovate and sell rental properties below market value to investors with 8% cash flow- They said they offer non-recourse financing at 50% LTVIn reality, GEG sold properties that were not always renovated - even if the price point reflected a renovation.

The wall street journal published a piece suggesting home prices are overprice and will likely fall. 

This year is slower than normal because mortgage rates and home prices are so high.

Medford also just voted to increase property taxes which is another reason to act. 

I understand why carriers associate Condo/PUD construction with greater liability risk (I am sure being based in Philadelphia, a jury friendly city doesn't help either) but curious which carriers others are finding to price coverage without this exclusion and also price the coverage competitively.This also serves as a reminder to review the coverage when you hire a GC for more substantial or unique construction assignments. 

We have rented the long term unit to family friends for over a year and the bills were always reasonable.

Purchase price: $250,000 Cash invested: $14,000 I purchased and managed a rental property in Chicago, focusing on strategic improvements and tenant satisfaction to increase both its value and profitability.