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24 June 2024 | 8 replies
It usually requires a much larger down payment, like 50%.
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26 June 2024 | 2 replies
I'm looking to buy a new construction home in CA for $750,000 as an investment property (around 8% interest rate) with 20% down.
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26 June 2024 | 10 replies
I’ll talk to the wife and check our schedule when I get home.
28 June 2024 | 13 replies
I have a feeling this is just the beginning with these unreasonable tenants.Dear Tenants,Thank you for the letter, requesting replacement of carpet and pad throughout the home,that I received on June 20, 2024 (postmarked June 17th).
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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 | 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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26 June 2024 | 10 replies
@Jesse Dickens This sounds like one of those “programs” where they just apply to different vendors (Home Depot, staples, etc), not actual cash lines of credit….and they charge you a fee for it (maybe 10%) for these trade accounts that obviously you could have gotten yourself.
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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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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 | 9 replies
Recently, I accidentally got back into it because I own a home and plan on renting it out.