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14 July 2021 | 4 replies
“It’s hard to keep up with the demand shift in the housing market because building homes is slow and encumbered by a lot of red tape and geographic challenges,” said Zillow chief economist Jeff Tucker.Wall Street is also starting to notice the high demand and low supply in the rental market and the potential profits that could be made.
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14 July 2021 | 12 replies
I'm not sure what you mean by they are 'from a not so demographic'.Try pulling the ad, take some new photos and write a different description.
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14 July 2021 | 8 replies
Cheers, Danny Well, you need two things for prices to go up long term: scarcity of supply and quality of housing stock.Scarcity usually comes from geographic boundaries like the lake or freeways, also school districts.
26 July 2021 | 5 replies
(I will also mention that if you think it was genuinely set up a as a 2F in the past, there is a loophole for documented used prior to the zoning ordinance being adopted, but you would have to go back in the census archives from the early 1900s, and it doesn’t sound like this property really meets that description.)So I still think you should definitely ask in person, but I want to set your expectations that while the bigger lot is good (and would be a point strongly in your favor if this property was in R-2 or higher), I think the fact that it’s an R-1 zone makes this one an uphill battle to convert to a two-family.
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23 July 2021 | 7 replies
We always do that when they mention something “will be done” in the MLS description.
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23 July 2021 | 4 replies
It should but maybe not have the lot, tract, long legal description, and the address on it.
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30 July 2021 | 11 replies
Help narrowing down the geographic area they’re looking in which honestly normally involves getting the investor to be honest about their goals and focusing on 1 strategy.
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23 July 2021 | 8 replies
The good ones go fast.Those 3 buyers became my friends and business partners, so wholesaling is not an accurate description of what I do now.
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24 July 2021 | 16 replies
The listing (usually pictures but also details/descriptions occasionally) or price.
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26 July 2021 | 4 replies
On the new home, because of how title is currently held with both of your names on it, you would more than likely find yourself having to put down at minimum 15%-25% if you're staying within the same market as it would be viewed as an investment property and not a primary residence; as your existing "primary residence" that you're on title for, would be to close geographically close to pass the smell test on a new primary residence loan.