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16 January 2025 | 13 replies
Some of the national data sites have pricing suggestions that run both high and low.
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15 January 2025 | 5 replies
Conceptually you want to take an approach that minimizes your need to be on site - and for that reason I would advise against BRRRR.
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11 January 2025 | 2 replies
I've consistently written about the forces of nature and her current and future effects on the real estate market (even while often being ridiculed and politicized on this very site for it) regardless: I personally moved and invested in coastal Oregon in 2018 from Venice Beach Los Angeles partly as a result of the trajectory of climate and have assisted several clients that specifically purchased on the Oregon Coast for their own 'climate havens,' investment and future retirement homes.
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7 January 2025 | 5 replies
Quote from @Dan Mcguire: One reason not to invest, is not to lose money.
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3 February 2025 | 31 replies
I think this site may be geared a bit more toward the avid investor, rather that the weekend warrior type of investors with regular, RE carriersOn the other hand, for myself, watching the RE market is enjoyable for me.I have always attended open houses just to be nosey or nerdy, whichever you prefer.
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9 January 2025 | 5 replies
If the deal goes south and you have next to zero money in the deal, selling a short sale or walking isn't as risky for you since you aren't losing much.
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11 January 2025 | 4 replies
Does this mean the realtor does not have exclusive rights to sell the property and the owner is probably advertising the same property on one of those by owner sites?
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22 January 2025 | 31 replies
unfortunately the overall market is tough right now and the last thing you should do is spend 50-80K to buy a random property just to "do a deal" and then lose money on it.
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11 January 2025 | 14 replies
See what the $19k was for first, it may have been neccessary, but still that does not make it ok for them to do it without a signed CO.You can ask an attorney a few questions using sites like Avvo or Rocket for not much $$$.
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30 December 2024 | 5 replies
Quote from @Devin James: Quote from @Dominic Mazzarella: Quote from @Devin James: Everything went wrong with this investment: - Took 4 months longer than expected - Cost $10K more to build than we anticipated - Sold for $20K less than we anticipatedWe still profited with a 30% return on equityThis is why I love Real Estate InvestingWhen you do your diligence and stay conservative with your numbers, it takes something really bad to lose money.Here was the original post:My siblings and I are building a home in North Port, FL.Here are the numbers: - Finished Home Value: $412Kish - Land Cost: $19,750.39 - Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!!