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17 June 2024 | 5 replies
It's close to a month now.
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19 June 2024 | 3 replies
It contains more detailed information on investing insights, analytics, and, particularly, investing in Las Vegas.Before proceeding, note that the charts only include properties that fit the following criteria unless stated otherwise.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF, one or two stories.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties (click to enlarge).Overall Las Vegas Real Estate Market InventoryThe chart below, provided by the MLS, includes all property types and price ranges.The inventory level continued its downward trajectory, significantly lower YoY.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents continued the up trend as expected.
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20 June 2024 | 4 replies
Nope, smooth sailing on title, financing, and closing.
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19 June 2024 | 7 replies
You could test it and see how it goes but I think you'll have more vacancy and might have to lower prices to keep them full.
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20 June 2024 | 14 replies
An update, we are set to close on our first duplex house hack next week!
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20 June 2024 | 4 replies
See my other post: https://www.biggerpockets.com/forums/517/topics/1196510-any-creative-lenders-for-6-unit-high-dscr-property-fast-close-needed?
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19 June 2024 | 8 replies
Hi Rod,If you want to be lower than 25% on a commercial deal, you could structure a seller financing or structure partial bank financing with seller financing on second position.
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21 June 2024 | 11 replies
I need to go down to the property and go in as apparently he left some windows open that need closed.
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20 June 2024 | 0 replies
Recently we've found seller(s) to be increasingly receptive to concessions of up to $20k towards buyer(s) closings costs.
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20 June 2024 | 1 reply
This should eliminate the homeowner (1) selling a property while remaining liable for the note (subject to), (2) tying up his property with a “buyer” who has no intent to close unless he finds someone to pay a higher price (wholesaler), (3) paying above market rental for an option to buy that can never be exercised (4) purchasing a property from a fix n flipper who did shoddy rehab, (5) purchasing a property with nebulous legal title, (6) contracting for home improvement with a fly by night contractor who then puts a mechanics lien on the property and (7) “listing” with a wholesaler disguised as a Realtor who doesn’t put the home on MLS.