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11 September 2024 | 2 replies
I was under the assumption that the road leading to cabin was a public road as it is named and marked on all maps, apparently not.
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18 September 2024 | 47 replies
And yes, bad prospective tenants can also find this out and see you as a mark.
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11 September 2024 | 17 replies
On the sellers disclosure the seller marked “no” to any sewage issues.
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11 September 2024 | 0 replies
The new owner will be able to decide if they will gradually raise rents to market or have tenants move-out, renovate and mark-to-market.
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9 September 2024 | 4 replies
Quote from @Anthony Roberts: Hey BP family,Know of any good GCs, or specialty trades [flooring, plumbing, electrical, etc.] in Toledo?
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11 September 2024 | 11 replies
Quote from @Mark F.: Quote from @Jackson Ebersole: Hi Piper,It's always smart to flip properties in-state, and I'd like to share some updated insights on why this approach is beneficial, especially in the New Jersey area.Lenders typically feel more comfortable with in-state flips because:You can manage the rehab more easilyYou have better knowledge of local real estate trends and valuesYou can respond quickly to issues or make decisions fasterThere's a lower risk of fraud or being taken advantage of by distant partnersI can help you with recommendations for the New Jersey market:North Bergen: Continues to show strong potential, with average profits now around $150,000 per flip and a gross ROI of 85%.Willingboro: While specific flip numbers aren't available, the market remains active with a gross ROI now averaging around 130%.Gloucester City: Still a top performer, with gross ROI hovering around 180-190%, though still on smaller profit margins.Irvington: Home values have continued to rise, with a 20% increase over the past two years.East Orange: Has seen steady growth, with home values up by about 16% since 2022.Paterson: Experienced a 14% increase in home values over the last two years.Additionally, Jersey City and Newark have emerged as promising markets for flips, with strong appreciation rates and growing demand.
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11 September 2024 | 38 replies
Quote from @Mark Showalter: A few years ago I had four rentals in Birmingham and was very satisfied with Barrington Real Estate which managed my properties.https://www.barringtonrealesta...
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10 September 2024 | 1 reply
Chad Littell from CoStar notes that while institutional investors adjusted their strategies early in response to rate hikes, individual investors have only recently begun scaling back.July Sales ReportAccording to CoStar’s July Commercial Repeat-Sale Indices (CCRSI), the equal-weighted U.S. composite index, tracking smaller market sales, showed only a 0.2% price increase from June, with prices down 0.7% year-over-year, marking the first annual decline since 2012.
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12 September 2024 | 54 replies
@Mark Stanko - It doesn't cost anything to talk to them or have them run a count for you before you order.
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11 September 2024 | 7 replies
Thanks for the quick response Mark!