![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1439617/small_1694699737-avatar-andrewc487.jpg?twic=v1/output=image&v=2)
9 September 2024 | 12 replies
Yes, you will have to supply your accountant with some documents- closing statement, rehab receipts etc.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1230595/small_1685971161-avatar-joshedelman.jpg?twic=v1/output=image&v=2)
8 September 2024 | 0 replies
Here are some data points from the past month:Real Estate UpdateHere's the latest market report (based on single-family homes):Mortgage Rates:30-year conventional rate today is 6.27%30-year VA rate today is 5.69%Median Sales Price:June: $485,000July: $487,483August: $480,000New Listings:June: 1,920July: 2,068August: 2,153Median Days on Market Until Sale:June: 13July: 14August: 16Months Supply of Inventory:June: 2.3July: 2.8August: 2.9What does "Months Supply of Inventory" mean?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1155694/small_1621509691-avatar-brianj167.jpg?twic=v1/output=image&v=2)
9 September 2024 | 22 replies
Prices go up because of government restrictions, lockdowns, regulations, Disrupting Supply chains causing prices to increase 2.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2971640/small_1715882448-avatar-charlicea.jpg?twic=v1/output=image&v=2)
9 September 2024 | 3 replies
Issues like contractor delays, supply shortages, or unforeseen repairs can extend your timeline, which adds to your holding costs (mortgage, utilities, etc.).Tip: Factor in extra time for delays and have a backup plan to stay on track.Over-Renovating: Many new investors fall into the trap of over-improving a property, especially when they try to bring in their own taste.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2051827/small_1621517776-avatar-masonf4.jpg?twic=v1/output=image&v=2)
7 September 2024 | 3 replies
In Columbia, finding a small multi-family property that makes sense numbers-wise can be difficult, but not impossible (low supply).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2395796/small_1647980283-avatar-josephm893.jpg?twic=v1/output=image&v=2)
8 September 2024 | 29 replies
D) The street address number for the subject property wasn't supplied even after I purchased the lead.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1934600/small_1627591545-avatar-mijanibal.jpg?twic=v1/output=image&v=2)
9 September 2024 | 28 replies
Forget the opinions, look at the supply and demand in your area.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2585907/small_1738545414-avatar-sms3.jpg?twic=v1/output=image&v=2)
7 September 2024 | 8 replies
The brokerage uses this to pay for lots of stuff office supplies, CRM, insurance, marketing, etc..
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2487587/small_1674808076-avatar-ritzp1.jpg?twic=v1/output=image&v=2)
6 September 2024 | 5 replies
However, the fam member installing them for me is only a licensed HVAC contractor in FL so he's been unable to buy the units at the regular retailers that would regularly sell it to him (like Bryant, Johnstone Supply, etc).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3088894/small_1722365942-avatar-reneh34.jpg?twic=v1/output=image&v=2)
5 September 2024 | 17 replies
Too expensive, too much multifamily supply as @Scott Trench mentioned.