As of today, the inventory is at 2.4 months and is decreasing.

I will not talk about tenants in this article.Rapidly Rising RentsIn real estate, prices and rents are determined by the imbalance between the number of buyers and sellers.When there are more sellers than buyers, prices decline until there is a rough balance between the number of buyers and sellers.When there are more buyers than sellers, prices increase until there is a rough balance between the number of buyers and sellers.Rents follow prices.Higher prices reduce the number of people who can purchase, increasing demand for rental properties and increasing rents.Lower prices enable more people to purchase, decreasing demand for rental properties and decreasing rents.The level of demand is determined by population growth.

If you want to decrease your fee then you will be cutting into your profit and with this example you have ample room to do this.

with the recent decrease in corporate taxes, it makes a lot of sense.

Here's what I would say:- Increase purchase price and ask seller to cover closing costs- Take higher interest rate for a Lender Credit- Keep current interest rate and ask Lender to come down in price (many Lenders have wiggle room to come down in fees/points; or add a lender credit)- Decrease down payment if your DTI allows it, and you aren't at the minimum required investment already-  Remove Escrow/impound account if you qualify so you don't have to come in with prepaids and reservesBest of luck to you!

It's that simple.It's common that in every market, investors have dealt with wholesalers that increase the ARVs and decrease the repair costs in order to make the deal look more appealing to someone that can't point out the difference.In order to be a great wholesaler you have to first understand two of your most valuable skills: negotiations, and marketing.First and foremost, you have to understand the needs of your clients.

.- Seasonally adjusted median days to contract remain at 10, steady since July 2021.Prices – flat, possibly trending back upward- August median sale price was up 7.6% compared to august 2022, the third consecutive month-over-month increase after 6+ months of slight decreases, and the largest increase in this trend.- Seasonally adjusted prices are still flat, as they have been since August 2022, but with three consecutive month-over-month increases we may see the longer-term trend turn back up.Mortgage rates – higher - Today’s (9/6/23) 30yr fixed averages 7.21% after briefly spiking to 7.49% in late August.

It seems that with bonus depreciation decreasing in the coming years that cost segregation may be a thing of the past.  

Not only does it significantly decrease the chances of a pipe leak or crack, it will lower monthly water/sewage bill up to 30%.Shoot me a message or email if you think this could help!

Since COVID, there has been a decrease of 39% in inventory from a year ago in Merced.