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23 December 2024 | 8 replies
The average McDonald's employee could afford to live in 218 now they cant.
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18 December 2024 | 5 replies
Averaging $1k/mo per bedroom which is now on the cheaper side of things.
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7 January 2025 | 16 replies
For context - after 7 years we are averaging over $700/door… but this is after many financial moves to get us there… but even starting out, the $300/door was, and remains a good goal post to judge a deal by.
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25 December 2024 | 11 replies
In contrast, single-family homes attract families with children, who stay an average of five years and take care of the property.
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23 December 2024 | 34 replies
If you know that a 2BR single family rental averages $1000/month in your market and someone tells you they have a good deal for you on one for $175k how much time are you going to spend analyzing it?
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26 December 2024 | 18 replies
After some investments in amenities (primarily hot tubs), our last 3 months have averaged 12k/m.This property is owned outright, and due to the size of the property, the small square footage of the units, and the lack of comps in the area we have found it difficult to lock down any refinancing.
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24 December 2024 | 17 replies
It is a little slower to find a tenant, in our case maybe 3-4 weeks instead of 1-2 to get our average 10 applicants for 1 signed lease.
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23 December 2024 | 15 replies
Perhaps it has something to do with the statistical average where in Australia, if you are borrowing 75% on property in the cities or suburbs, it is almost impossible to get positive cash flow ANYWHERE, whereas BP subscribers are aware that in MANY parts of the USA, the opposite is true.
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19 December 2024 | 2 replies
Per CoreLogic, only 1.8% of all mortgaged homes are in a negative equity position, and the average homeowner across the US has $311,000 in equity.If anyone has contradictory data, please share.
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18 December 2024 | 0 replies
Listings are selling for roughly 92% of their list price on average.