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5 March 2024 | 0 replies
I wound up taking a loss for 2023 due to a unprofitable part of my Amazon business, and I feel like I am at a crossroads going forward.Currently, I have 400K equity in my home, and 100K in personal/business debt (and that's no one's fault but mine).
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6 March 2024 | 3 replies
2024 Days On Market for Detached Single Family Houses37 compared to 43 days this time last year2024 Days On Market for Condo/Townhomes34 compared to 40 days this time last year2024 Pending (Under Contract) for Detached Single Family HousesDown about 2% compared to this time last year2024 Pending (Under Contract) for Condos/TownhomesUp about 13.9% compared to this time last year2024 Closed Sales for Detached Single Family HousesDown about 5.5% compared to this time last year2024 Closed Sales for Condos/TownhomesUp about 11.9% compared to this time last yearToday's RatesLooking Ahead:The biggest trend I've noticed with this data is that house sales compared to this time last year are down slightly but condo/townhome sales are up.
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7 March 2024 | 1 reply
Check out the Midwest mate.Ohio, Michigan and Indiana.I'm bias toward Ohio but lot's of attention in our state last few years.Decent B class properties for sub $100,000Much success
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7 March 2024 | 4 replies
Working with my last tenant to allow people into the apartment to fix things was a nightmare.
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8 March 2024 | 8 replies
I didnt provide clear enough guidance to my contractor on every last detail and the expectations of the finishing touches I needed.
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7 March 2024 | 5 replies
On a list of "Tenants to Rent to" I would list Students as next to last.
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8 March 2024 | 19 replies
That last part is important and I realize not everyone has the flexibility to do that, but since we do it seems like an edge.
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7 March 2024 | 0 replies
In San Antonio, I'm starting to see more homes go under contract within the first couple weeks as well as some getting multiple offers (which has been pretty rare for us the last 8-12 months).
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8 March 2024 | 53 replies
This may seem silly but for the last year we've become members of the local landlords association even though we own zero rentals and are not, in fact landlords.
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7 March 2024 | 1 reply
Or lastly how to go about raising the current tenants rent as I take over ownership of the property or maybe some type of vacancy clause before taking ownership.