17 November 2022 | 2 replies
In general foreclosures can be a great strategy, but they have come under enough pressure in recent years (post 2017 or so, and really heating up after 2019) and this pressure has put the average discount that you buy a foreclosure home (via sheriff's sale is specifically what I'm discussing) below a reasonable threshold for the risk you take in my opinion.According to the book Zillow Talk, sheriff's sale properties sell at an average 7% discount compared to market value, which has compressed in more recent years.
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24 November 2022 | 3 replies
Any investor interested in luxury real estate in Jamaica and Miami?
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5 March 2017 | 12 replies
Fir out exterior walls to fit a r-19 batt in cavityAs for the heating I am in between forced hot air (propane) and electric baseboard heat.
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25 November 2022 | 9 replies
Are they thinking about an elevator and heated driveway?
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25 November 2022 | 6 replies
This first happened in May, so we hadn't hit the major heat yet either.
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23 November 2022 | 7 replies
Quick question:who is responsible for replacing ac/heat filters on the unit?
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24 August 2021 | 4 replies
I currently live in North Miami Beach.
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23 November 2022 | 22 replies
It might as well be a tradition at this point... Every year I get together with my family over the holidays and at some point, the debate gets brought up...Is it better to invest in Real Estate or the Stock Market? Th...
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26 November 2022 | 7 replies
Currently, I'm waiting on some coordination between the utility company for heat and getting the U&O from the township.As I seek to refinance the property, I'm thankful that housing prices have not dropped much if at all since acquiring the property earlier this year, though these interest rates are going to hurt a little bit on cash flow.
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2 December 2021 | 10 replies
Another issue is my income because houses in Miami are expensive and the cheapest that I can find are single family homes instead of multi-units and require a mortgage of around $1,200-$2,000/ month ($200-000- 350,000) which is a lot to pay with the little income I make from my W-2 job but it's not impossible, however, in the eyes of a lender it will be seen as risky and insufficient income.