I'm a GC who now only flips. 

Do you own any other investment real estate?  

According to recent predictions, mortgage rates are expected to stabilize in 2024, which could bring more buyers back into the market.Feel free to reach out if you have more specific questions or need further guidance on navigating the Hampton Roads real estate market.

Supply & DemandUnlike financial markets, real estate prices and rents are driven by supply and demand.

Hi all, I have an office in a building where it will go on sale once the owner passes. They said it is in a trust and structured so that it can't be sold until the owner's death? I'd like to approach them with purchas...

For instance, foreign real estate depreciation is generally spread over 40 years, which differs from the faster schedules used in the U.S., and the ability to offset W-2 income may have limitations due to the passive activity loss rules.

I’m just worried it won’t cover my cost to pay my lender back for the flip and I would have to come out of pocket or sell the house for minimal gain. 

So I believe mortgages will look at DTI and want to make sure your income covers your current and future debt obligations at a percentage of 40-49% I believe, so their multiple would be more like 2-2.25x, but it's not a real apples to apples comparison. 

It would need to be an hourly wage or a salaried wage to not get in trouble with the real estate commission. 

I would look at real comps, and if your exit strategy is to flip in a few years, it may be a problem if you paid more than the market will give you.If you're looking to hold and are comfortable with the tenant, then I would consider itGino