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Results (10,000+)
Cory King East TN Market Update Sept 2024
15 September 2024 | 0 replies
Market in a MinuteEast Tennessee home sales increased 5.2% from the previous month, and increased 9.3% from a year ago.The median sale price was $374,950 — up 7.13% from the previous year.Total housing inventory increased from the previous year – up 43.2% from a year ago.Half of the homes sold were under contract in 15 days or less, up from 9 days a year ago.44.61% of homes sold for the asking price or above, with 23.72% selling for more than the asking price. 10.32% sold for at least $10,000 over asking and 4% sold for at least $25,000 over asking.The sale-to-list price ratio decreased from last month to 98% – down from 98.6% a year ago.New construction represented 13.28% of total home sales.If you want to nerd out on the market here I'm always happy to chat.
Dean Ng Is a paid roof inspection more credible than "free estimate"?
9 September 2024 | 6 replies
There is  one roofing company I trust but they don't do repairs.There's also the fact that this property is expensive and I think these roofers show up and immediately see dollar signs.  
James McGovern How many properties do you flip simultaneously
15 September 2024 | 4 replies
It just opens the door up for problems and these problems could sink you if you are over leveraged.
Matt Schreiber DSCR for Short Term or Long Term Rentals
16 September 2024 | 13 replies
Rate will definitely be higher and you may fighting an up hill battle when it comes to DSCR.
Scott Sampson Potential in Bankruptcy deal
16 September 2024 | 7 replies
We have submitted fair offers considering the condition of the property (sellers don't keep up with the maintenace and repair as they should, for a property that they are going to lose and get no money only some debt relief.) 
Kathleen Park How Much Subtract from the Security Deposit
12 September 2024 | 9 replies
You need to get a quote from a local handyman or contractor.Not sure about every state, but in the states where I invest - If you do the work yourself you can only deduct the cost of materials.
Joseph Walter Hello, I’m Joseph I’m investing in Kansas City Missouri
11 September 2024 | 3 replies
Happy to meet up and talk shop with you. 
William Harvey Accounting for house flippers
10 September 2024 | 29 replies
I was reading it my head as a capital improvement, that would then get deprecated.All costs are added up to the cost basis then when you sell the inventory, the difference will be your profit.
Bob Martin New Section 8 investor
13 September 2024 | 4 replies
What's more, you're a beginner and expect a private lender to lend you the down payment and closing costs, so you can get a loan to finance the rest?
Quan Dao Forming LLC & Deed question
12 September 2024 | 7 replies
Just leave things alone.If you don't deed it to the LLC, then it's a useless LLC costing you fees for no reason.