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10 June 2024 | 8 replies
I used to have a 6/2 on Ohio State university campus north of downtown columbus and I got 1600 a weekend and netted 2500 a month probably. a lot of days were vacant but we did really well all the time for huge groups which is a nice I still recommend and there's not a lot. we just sold a new build for a medium term rental in newark close to intel. there's demand for high quality, well furnished places.
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10 June 2024 | 4 replies
Make smart choices by guessing your money flow, asking local pros for advice, and looking closely at the house.
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7 June 2024 | 5 replies
Even if the ADU adds value close to the cost of adding the ADU, there are other reasons that adding an ADU is often worse than other RE investment option.
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8 June 2024 | 9 replies
Neither, you need to dig into each sale yourself.
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7 June 2024 | 17 replies
@Jesse HepburnThis is a tough situation, but I would not be trying to do seller financing with them, and an influx of cash from a sale is most likely not going to be beneficial for them in their current situation.
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9 June 2024 | 3 replies
Hi Theresa, Our team just helped a client close on a fix and flip program last month in the tri-state area.
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10 June 2024 | 49 replies
You put 20-25% down plus closing costs - that's 35-45K.
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9 June 2024 | 6 replies
I would put all the money for the down payment and closing costs.
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9 June 2024 | 4 replies
The way I got around it was I used my own funds upfront from my 401k then borrowed the money from a family friend after closing.
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7 June 2024 | 5 replies
There's a variety of ways to get a deal in front of you (I'm mostly a flipper), but basically if it looks promising, I run custom comps queries and check the current & past $/sf of renovated/distressed product in that city or zipcode.Here's a chart on 90066 I generated from my tool under Market Stats > Sales Data > Specific Zip Code:- My above chart (more available) shows the Avg Renovated $/sf (High) over time in this Zip Code, something completely different than charts/providers based on Averages/Medians only, like every other platform (RedFin Below, https://www.redfin.com/news/data-center/):- Can't select smaller locations such as City or Zipcode for their $/sf data, so it's useless helping me underwrite/verify a deal.- Can set Zip Code for Median Sale Price data, but again it's the median/avg so it's useless helping me underwrite/verify a deal.Then if that looks decent, I'll run Sales Comps, and get a quick summary of some key metrics based on those comps.