Jonathan Bowen
Do you flip houses? Redfin and Zillow are your competitors!
14 April 2018 | 5 replies
If so, here's how you can fight...Demand that real estate agents and, especially, brokerages you hire do not syndicate your properties to third-party sites like Trulia and Zillow.
Brandi Van
How can I rent out my backyard/roof deck, city of Phila
19 April 2018 | 5 replies
Not much demand for renting someone else's back yard and roof deck.
Carloz Gil
What shape do you like your properties to be in?
23 April 2018 | 22 replies
I’d say it depends on the strike price:A- basically turnkey, pay out the nose, appreciation play, break even or negative cashflow B- “cosmetic “, still low equity, some or no cashflowC- “needs work”, some equity but if it’s SFR not that sexy, .8-1.3% cashflow D- distressed, equity gets eaten up in repair but might get 1.3-1.5%You have to take into account any financial motivators, liens, concessions, the neighborhood, schools, taxes....Find the best value in an emerging market.
Rob Beardsley
Loss to Lease: What am I missing? Thoughts?
18 April 2018 | 4 replies
Therefore, most underwriters take the loss to lease percentage of the gross potential rents number and apply that percentage to the pro forma projections or assume they can operate the property better by leasing units strategically by having leases expire in hotter (temperature and demand) months, thus applying a lower percentage of GPR loss to lease (typically 2% to 4%).
Scott Nunley
Sourcing deals as a beginner!
19 April 2018 | 5 replies
This has to do with the the massive demand, curtailed supply (one side is the ocean!)
Varinder Kumar
Some questions about landlord rights
24 April 2018 | 6 replies
If you caused it (or it’s a pre-existing condition) you would have to fix it, or you are playing with the doctrine of unjust enrichment and some unneeded liability.
Jeffrey Berry
Managing my property
23 April 2018 | 6 replies
It was a small, older house and they told us demand for it wouldn't be very high.
Michael Tully
New Member from Las Vegas, Nevada!
20 April 2018 | 19 replies
There’s minimal inventory under the $300k range in the high-demand areas at this point + rising interest rates.
Saurabh R.
Recommendations for Agent in Bay area
23 April 2018 | 5 replies
You will need to be prepared to pay what the market demands and potentially lose out on a lot of multiple offers before having one accepted.
David Ivy
March 2018 Market Report
28 April 2018 | 6 replies
However, inventory remains in incredibly tight, with only 1.5 months of inventory in Austin and 2.2 months in the greater Austin area (a balanced market is 6.5 months).Steve Crorey, 2018 president of the Austin Board of REALTORS®, said, "Historically, it’s common for some homes to be on the market for 50 days or more, even in markets with strong housing demand.