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17 February 2025 | 4 replies
For similar reasons you mentioned with access to both I70 and I90 pretty easily as well as being in range for the eastern sea board makes it a logistics hub.
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11 February 2025 | 13 replies
But I've seen some solid properties in Akron as well that had good cash flow, but definitely seeing rents in Cleveland a bit higher right now
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24 February 2025 | 16 replies
She also just wrote a book for BP as well https://store.biggerpockets.com/products/self-directed-ira-i...
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25 February 2025 | 3 replies
There is also a 3 car garage in the back, which could be rented separately and room to store an RV in the back as well.
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25 February 2025 | 4 replies
I'll also give them a list of "must haves" based on comps as well (for example oversized kitchen island, dedicated powder room, minimum 48" hallways, large master closet, lots of windows for natural light, gas fireplace, minimum 10' ceiling in great room, consideration of sun exposure, etc).Also if you give a good architect your budget (for example I need to be able to build this for under $350/SF) then they will design something to fit that budget.
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20 February 2025 | 6 replies
It sounds like you're well on your way to creating generational wealth.
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20 February 2025 | 1 reply
Successful flippers are:- Building relationships with reliable contractors- Ordering materials well in advance- Being strategic about which renovations will truly deliver ROI Regulatory EnvironmentRecent changes to Phoenix building codes have emphasized:- Stricter energy efficiency requirements- More rigorous inspection processes- Additional permits for certain types of renovationsBe prepared for longer permitting timelines than in years past.Financial ConsiderationsThe financing landscape has evolved significantly:- Hard money lenders are offering more competitive rates (7-9%) than the 12-14% seen in 2022- Several Phoenix-specific investment groups have emerged that pool resources for flips- Traditional lenders now offer more renovation loan products tailored specifically to the Arizona marketThe Bottom LineThe Phoenix market in 2025 offers solid opportunity for house flippers who approach projects strategically.
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11 February 2025 | 5 replies
Congrats on your success so far and to future success as well!
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24 February 2025 | 8 replies
Overall, we are pacing up as well.
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20 February 2025 | 8 replies
Be sure to call all prior landlords as well!