To all my NYC investors,I will be in NYC from March 12th-March 15th.

Getting a tenant in gave us a a lot of confidence to believe in our rental that we deserve more.Since we stay upstairs, our market rent would probably be around $1100 for a 3 bedroom in its current condition (fine condition, just outdated).Cashflow with both $1100 rent and $1500 rent is roughly $500 and around 7.2% COC return.We think we could get closer to $1650 rent for our furnished rental, which would bring us to $650 per month and around 9% COC return.We did end up getting this loan in early August, so our rate is 5.625%, not great but not terrible looking at current rates (March 2023).Once we fix up the top unit, we hope to refinance BUT only if the rate is comparable.

So when they do their March “workshop” with city council, they will present their concerns with the current propositions and do have influence on the city council.  

No, its fall the prices are dropping the market is slowing down (very seasonal)  I was just reviewing the houses in the Arvada area and found a flip that was purchased in March (the top of the market with the historically lowest inventory) for 330k then 349k (wholesale) now with about 75k flip it is listed in the 540k range.

Despite a low inventory of properties to purchase, the market in March had a phenomenal rebound as the average price per unit rose 7.42%.

We were hosting 4 in person meetups a month pre-COVID (Lowell, Londonderry, Woburn, Salem) and since March have been doing monthly virtual meetups.

Most indicators point to March being when the local markets will pick up this year - but overall, buyers have been a bit more hesitant and wary of where they will park their money - the desperate competition factor simply isn't there.That being said, I have some clients working on some big projects right now (luxury SFH flips over $4m+ in SF) with very comfortable timetables and margins.

I'm in the process of converting a LTR to MTR (3br/2ba house) in South Austin and expect to be mostly complete with furnishing by beginning of March. 

I am currently going through a quiet title action to get a clear title on the property, once completed, should be in March 2020, I will sell.

Depending on the market the contracts could be getting signed in March for the following September.