My wife and I prefer to scale slowly but with rock solid finances so that we can sleep at night.

I own a couple of businesses have invested in the market but this is my first time looking at real estate.

"funding source to help us re-purchase, rehab & expand our former men's resort property in rural Crawford, TX"Couple questions for you."

With many buyers tired of waiting on the sidelines for interest rates to drop, we've seen an uptick in activity in the first couple of months of 2024.Below is a recap of last month's market stats in comparison to the prior year regarding new listings, median sales price, days on market, pending sales and closed sales.New Listings for Detached Single Family HousesJan 2024 - 1,484 compared to 1,425 last January, up about 4.1%Feb 2024 - 1,345 compared to 1,334 last February, pretty much the same level of supply as last year.New Listings for Condos/TownhomesJan 2024 - 933 compared to 811 last January, up about 15%Feb 2024 - 851 compared to 735 last February, up about 15%Median Sales Price for Detached Single Family HousesJanuary 2024: $980,000 February 2024: $1,043,900 is the current median sales price last month for a house.

Hi everyone, I know different people have different preferred methods for how to pay for their flips.

Here are a couple other tips:- Describe each room with LONG descriptions with tons of details like mattress type and bedding quality.

"Want" is a personal preference and I would defer it until the end of their lease unless they are asking for it in which case they have to relocate for the work.You are probably in a situation where you are waiting at least a 1/2 month of rent and maybe paying for them to stay in a hotel or short term living space for the work.

Then years later forget about it leading to you or lender spiking your escrow charge for a year costing you a couple thousand then you ask why and it's because of that then you redeem it after feeling the burn. 

I prefer 4-5 beds due to this.

Prepare to show detailed documentation of your STR performance, but keep in mind that consistency matters, and some lenders might prefer a more extended history.