11 August 2020 | 3 replies
You only get lump sums like this probably once in a lifetime.
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10 August 2020 | 1 reply
25% percent down Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
11 August 2020 | 2 replies
If I sold it and had walked away with 80/90k I would probably dump 15k into my current home to finish off my attic and add another bathroom to build some equity into it so I can continue the process in BRRR'ing it and then take 30/40k of the remainder to cover the 20 percent for another rental or multi.
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11 August 2020 | 0 replies
I also actively listen to countless multifamily podcasts, such as Old Capital, and Lifetime Cashflow.Can someone help me get to the point where I can quickly, accurately, and confidently underwrite deals that I come across?
12 August 2020 | 2 replies
I can tell you 100 percent that I never have and never would buy a deal from an internet wholesaler who didn't walk the property, know their rehab numbers, and the local ARV.
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12 August 2020 | 4 replies
@Jaysen MedhurstYou are absolutely right, a solid $300k property that meets the 2 percent rule could work.
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12 August 2020 | 1 reply
Per Jhoana Olarte just an hour ago on another thread: Following a strong performance in June, single-family home sales soared into record-setting territory in July, leaping 23.0 percent year-over-year with 10,975 units sold – a record one-month sales volume;-The Days on Market (DOM) figure for single-family homes expanded from 51 to 56 days;-Total property sales soared 25.0 percent with a record-setting 13,043 units sold;-Total dollar volume shot up 33.8 percent to $4.1 billion;-The single-family home median price set a new record high of $271,830 as it rose 8.7 percent year-over year;-The single-family home average price jumped 8.5 percent to $338,350 – also an historic high;-Single-family homes months of inventory was at a 3.0-months supply, down from 4.2 months last July and below the national inventory level of 4.0 months;-Townhome/condominium sales were flat, with the average price up 9.9 percent to $223,190 and the median price up 12.3 percent to $183,000;-Single-family home rentals rose 2.9 percent with the average rent up 1.8 percent to $1,940;-Townhome/condominium leases increased 6.9 percent with the average rent unchanged at $1,659.Source: HARShe just posted this information and will, more likely, get a great response.
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12 August 2020 | 6 replies
Good morning BP colleagues,I have worked for a number of years to be in a position to build my first new mixed-use development. It is located on a very desirable corner in Draper, Utah. It took me almost four years ...
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12 August 2020 | 3 replies
Following a strong performance in June, single-family home sales soared into record-setting territory in July, leaping 23.0 percent year-over-year with 10,975 units sold – a record one-month sales volume;The Days on Market (DOM) figure for single-family homes expanded from 51 to 56 days;Total property sales soared 25.0 percent with a record-setting 13,043 units sold;Total dollar volume shot up 33.8 percent to $4.1 billion;The single-family home median price set a new record high of $271,830 as it rose 8.7 percent year-over year;The single-family home average price jumped 8.5 percent to $338,350 – also an historic high;Single-family homes months of inventory was at a 3.0-months supply, down from 4.2 months last July and below the national inventory level of 4.0 months;Townhome/condominium sales were flat, with the average price up 9.9 percent to $223,190 and the median price up 12.3 percent to $183,000;Single-family home rentals rose 2.9 percent with the average rent up 1.8 percent to $1,940;Townhome/condominium leases increased 6.9 percent with the average rent unchanged at $1,659.Source: HAR
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/141345/small_1683984907-avatar-realestateress.jpg?twic=v1/output=image&v=2)
13 August 2020 | 1 reply
https://www.har.com/content/newsroom/Houston Real Estate Highlights in July:-Following a strong performance in June, single-family home sales soared into record-setting territory in July, leaping 23.0 percent year-over-year with 10,975 units sold – a record one-month sales volume;-The Days on Market (DOM) figure for single-family homes expanded from 51 to 56 days;-Total property sales soared 25.0 percent with a record-setting 13,043 units sold;-Total dollar volume shot up 33.8 percent to $4.1 billion;-The single-family home median price set a new record high of $271,830 as it rose 8.7 percent year-over year;-The single-family home average price jumped 8.5 percent to $338,350 – also an historic high;-Single-family homes months of inventory was at a 3.0-months supply, down from 4.2 months last July and below the national inventory level of 4.0 months;-Townhome/condominium sales were flat, with the average price up 9.9 percent to $223,190 and the median price up 12.3 percent to $183,000;-Single-family home rentals rose 2.9 percent with the average rent up 1.8 percent to $1,940;-Townhome/condominium leases increased 6.9 percent with the average rent unchanged at $1,659.