
24 May 2024 | 42 replies
Thanks Paul,I've found quite the opposite.We buy lists and cold call, buy cheap, renovate fair and sell for market value.I see investors buying crap on the MLS, spending too much on rehab and are into the property for 30% more than they would be if they just bought turnkey.But that's in my market at least.For example, we are selling B class for sub $100,000 and I'm seeing folks buying D class for $80,000 (That needs work).It's mind boggling to me and for the first time in 10+ years it got me thinking the market will go to $%@ if this keeps happening.You mentioned "No wonder we go for realtor-contractor-PM self-help way rather than blindly trusting a one-stop-shop to make the most for us".This in my opinion isn't true turnkey.It's a hybrid model that I see many doing and who is to blame if things go South?

22 May 2024 | 0 replies
This increase in dollar volume underscores the robust demand and high value of Miami real estate.List Price Success: Sellers received 97% of their original list prices on average, maintaining a steady rate from last year.Speed of Sales: Homes moved faster, with a median time to contract of just 28 days (a 6.7% reduction) and a median time to sales of 70 days (a 1.4% decrease).Inventory Levels: Active inventory rose by 27.3% to 3,864 homes, and the months’ supply of inventory increased by 33.3% to 4.4 months.

22 May 2024 | 19 replies
Other popular fees are maintenance fees, release fees, eviction fees, inspection fees, and the list goes on and on.

22 May 2024 | 0 replies
For those looking to buy, having cash on hand can be a game-changer, giving you the upper hand in negotiations and helping you secure the property of your dreams.Sellers, take note: the percentage of the original list price received stands at 94%, a slight dip from last year's 95%.

22 May 2024 | 10 replies
Transaction costs, seasoning, pre-payment penalties, DTI impacts, minimum lending requirements (more than 50-60k), and a long list of other issues make this a bad strategy.Buy 1 and see how it goes.

22 May 2024 | 0 replies
More money in the market means more opportunities for everyone.Active Inventory: A whopping 52.6% increase in active inventory, from 2,717 to 4,146, means more options for buyers and a more balanced market.Despite a slight dip in the percentage of the original list price received (down 1%) and a minor increase in median time to contract (up 11.1%), the overall sentiment is overwhelmingly positive.

23 May 2024 | 16 replies
I know you've already solved the issue but going forward you simply list the other adult as an "authorized guest" of one of the individuals financially responsible for the lease.

22 May 2024 | 3 replies
Pre-foreclosure is usually when a lis pendens has been filed, but most of those get worked out, so the lists aren't always correct.

21 May 2024 | 12 replies
I went on the MLS and I saw a lot more houses than what he placed in his list.