Even more exciting, the total new-home sales for 2024 came in at an estimated 683,000.

MB's calculator is a great tool, and also a very dangerous one if you dont know how to use it or are not familiar with how to use excel at a medium+ level.

The biggest hurdle you'll have to overcome is accepting breakeven or negative cash flow at the start. 

If you need to send 3000 mailers to get one deal it means you have a 0.033% success rate.

Do you have a great credit report you can show them?   

(August 2022)
Single-family residence buy & hold investment.Current Value Estimate: $410,000

Purchase price: $345,000

Cash invested: $5,000

Hey guys,  Im thinking of shifting my traditional checking/saving account and mortgage to a manulife one account which my broker has suggested so I can be ready to pounce on a house and properly conduct the yellow letter direct marketing offering cash when they want it. 

If it's not then maintenance can easily eat away at your returns.

Hi,We recently (Aug 2024) bought commercial land of around 2 acres. this was part of bigger commercial lot (around 25 acres) which had AG exemption and so the taxes that they paid was around $20 each year. we received a 'AG ROLLBACK' letter from the appraisal district that starting 2025 tax year, we will be taxed at it market value resulting in additional taxes, interest and possible penalities for 3 prior years.

I am out in Myrtle Beach SC and we have a few different meet ups out here