Moses Sefah Bosompem
How Do You Conduct Market Research for Your Investments?
13 June 2024 | 7 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.
Michael Bright
Looking to connect in Biloxi
17 June 2024 | 7 replies
I "flipped" the house I used to live in (and rent rooms out of), and currently run an Airbnb in my second house.
Kevin Lee
Investing in Detroit
15 June 2024 | 30 replies
Hi Daniel,What I mean by "bad reputation comes from OOS investors wanting $20k D market properties":This comes from when you hear people talking (including people on the BP podcast sometimes) and they talk about "Detroit" they might say "that's a bad market to invest in" "tenants don't pay" etc...That bad reputation comes largely from inexperienced (often times OOS) investors being attracted to the number of houses for < $50k.
Alex Smith
Appraisal for Reselling A New Construction?
17 June 2024 | 3 replies
I have a vacant lot that I can build a 1200 SqFt house on.
Liz Lynn
Acres & Trailers
17 June 2024 | 2 replies
I moved up here to get a bunch of land to house hack and the trailers are in livable condition.
Steve Welty
Everything You Need to Know About AB 2216: Pet Ownership in Rental Housing
13 June 2024 | 3 replies
If you’re a pet owner, landlord, or just someone interested in rental housing, here’s what you need to know.What’s the Purpose of AB 2216?
Sung H Kim
Golf Driving Range Business from start up
18 June 2024 | 12 replies
Order something from every bar, order something from every restaurant, make the waitresses work for you, tour the place- the restrooms- the kitchens- the back of the house and walk the entire outside of the building.
Erik H.
Cost of building in Bryson City / Maggie Valley
18 June 2024 | 12 replies
Looking at the homes on the market, prices vary wildly from $~200-$400+/sqft and it doesn't seem to correspond to just the quality of the house.
J Zhang
Fannie Mae Condo mortgage rules
17 June 2024 | 6 replies
I live in a property thst looks like a tow house, but it is a condo.
Shenell Caldeira
Questions on how to contact the bank for a foreclosure
17 June 2024 | 19 replies
If the bank owns the house it's not in foreclosure anymore.