Mitch Santos
Thoughts on Sedona, AZ area market?
25 October 2023 | 32 replies
At least in the Sedona area, 99% of buyers are fully invested in seeing and buying homes, and 99% of sellers are fine with buyer foot traffic through their homes.
Mike Haro
Shower or tub?
19 January 2012 | 7 replies
It is possible to fit in a tub provided that I increase the square footage of the bathroom.
Ibrahim Hughes
Pricing An Appraised Property
2 June 2012 | 26 replies
They do not do many, maybe one and half a year or so, but the ones they do sell go for an enormous premium on a per square foot basis.
Samantha M.
Explaining to New Investors Why "Comps" From Trulia & Zillow are Not Reliable
8 January 2013 | 44 replies
These numbers do not make sense so trying to use them will just confuse the issue for instance, there is a property diagonally across the street with a "zestimate" of 42,100 (I only wish) , while my 3 bedroom 1 bath with central air in great shape with more square feet on the same side of the street one block away is estimated at 24,900.
Mike McGuire
Shared Driveway - Right of Way Agreement
15 May 2012 | 8 replies
There is about a foot of space between the driveway and their house and about 3 feet between our house and the driveway.
Ethan Jones
New member
25 April 2016 | 5 replies
Take advantage of the free training available here to get off on the right foot.
Barshay Graves
Invest in Low income high crime areas (section 8)
8 October 2014 | 42 replies
If you a comfortable enough to travel between them on foot at anytime of the day then go for it.
Greg Johns
Out-of-state investors: What metrics do you use to evaluate real estate markets for long term rental properties?
19 February 2015 | 11 replies
For the markets I determine are "green light" markets, I will then start a dual parallel-track process of checking investment opportunities to see if the numbers work (generally speaking) and contacting and interviewing property managers to get their take on the market and begin building out a potential team of local "foot soldiers".The mind dump of metrics I came up with for my analysis so far are (in no particular order):Recent Population growth (2010-2013)Median gross monthly rent (2013)Median gross monthly rent 3-year change (2010-2013)Vacancy rate (2013)3-Year change in vacancy rate (through 2013)Rent as % of income (i.e. median monthly gross rent as a fraction of median household income)3-Year change of rent as % of income% of households that are renters3-Year change in % of households that are rentersMedian price for all SFHs (December 2014)3-Year change in median price for all SFHs (through December 2014)Median price for all 3BR units (December 2014)3-Year change in median price for all 3BR units (through December 2014)Median price for all 2BR units (December 2014)3-Year change in median price for all 2BR units (through December 2014)Median gross annual rent (i.e. monthly gross rent * 12) / Median price for all homes - I know I am kinda mixing apples and oranges here, but it's the closest I can get using available objective dataUnemployment rate3-Year change in unemployment rateGDP growth (time period depends on data available)Job growth (time period depends on data available)Household income growth (time period depends on data available)Proximity to major international airport (i.e. how easy will it be for me to get there?)
Account Closed
$1,300 PROPERTY TAX + $6,000 in 'SUPPLEMENTAL' TAX (LA County)
28 February 2015 | 11 replies
If you improve the property and add square footage, you really need to know how it will change the assessment.
MARK MONTANO
Pro Formas?
27 October 2015 | 37 replies
For example, you can't just use a $125/square foot rule of thumb, if your particular site and planned design will require more fire walls than some other design, and actually end up costing you $145/foot.