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26 June 2024 | 2 replies
It's easy to see when you drive around, but you can also just filter for homes under 150k on any real estate website and you get an outline of those areas.
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25 June 2024 | 1 reply
I'm currently looking at 2 hilltop lots in phoenix to build a dream home. 1 is located at Lookout Mountain and the other on Central & Jomax.
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26 June 2024 | 12 replies
Foreclosures, short sales, and off-market deals can provide these opportunities.Target up-and-coming neighborhoods with increasing home values rather than already hot areas.Research comparable recent sales and get an inspection to accurately estimate the after-repair value (ARV) before making an offer.Follow the 70% rule - the purchase price plus renovations should not exceed 70% of the ARV to leave room for profits after selling costs.Focus renovations on maximizing returns - kitchens, bathrooms, curb appeal rather than over-improving.Hire experienced contractors and have a project manager oversee work to keep things on schedule.Price the renovated home at or just slightly below comparable recent sales to facilitate a quick sale.
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26 June 2024 | 4 replies
If it were a single family home It might be ok to have it in the carport or yard somewhere but it is duplex so there are tenants to the left in the left side unit.Thank you for your feedback.
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26 June 2024 | 9 replies
Recently, I accidentally got back into it because I own a home and plan on renting it out.
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25 June 2024 | 5 replies
U.S. home prices have increased by more than 47% since 2020, according to a recent analysis by ResiClub of the Case-Shiller National Home Price Index, outpacing the growth of the 1990s and 2010s, which saw prices rise 30.1% and 44.7%, respectively.
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26 June 2024 | 2 replies
That drive is quite a drag, especially when I travel 15-20 hours to Europe and land at midnight and have to drive another 2 hours back home in Sedona.I'm thinking of buying a small condo in a decent area not too far from the airport, that I can also STR while I don't need to use it (which would be 95% of the time) and offset the mortgage with... maybe even cash-flow a bit?
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25 June 2024 | 2 replies
We went from a 2 bedroom 1 bath home on a little under a half an acre to a 4 bed 3 bath home and an extra building the prior owners called the "pottery barn" that sits on 2.5 acres in town.
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27 June 2024 | 17 replies
We have our own personal home, but are interested in the idea of having some rental properties to generate additional income and build wealth.
25 June 2024 | 11 replies
On a recent home purchase, I submitted an offer and I was told there were no offers on the home when I submitted mine.