If you go in and buy (1) 2x4, you pay retail price.

As interest rates drop, house prices will go higher.

pid=2072Houston Real Estate Highlights in April, 2024:-Single-family home sales rose 9.2 percent year-over-year;-Days on Market (DOM) for single-family homes went from 56 to 49 days;-Total property sales rose 8.7 percent with 9,611 units sold;-Total dollar volume was up 13.8 percent to $4 billion;-The single-family median price rose 3.0 percent to $340,000;-The single-family average price rose 4.6 percent to $437,198; -Single-family home months of inventory registered a 3.7-months supply, up from 2.6 months a year earlier;-Townhome/condominium sales continued to decline, falling 1.3 percent, with the median price down 1.8 percent to $230,000 and the average price down 0.5 percent to $278,048.

what you need to do is buy in better areas where the price points are higher and the returns are risk adjusted.. that means paper returns are less.. but you know investors they tend to not think about tenant risk and go for the highest returns on paper..

I was told by my HVAC gut that the government was going to be requiring AC units to be butane based refrigerant replacing R410A so the prices were going up 10-15%. 

There will typically be a lot of offers on the place unless the condition is no good or the property is priced high, so you need to communicate everything.4.

Find properties to purchase at the right price....not saying that is easy, but that is the answer. 

The FL market is wide and variegated and if you've been watching the newest lists of home price declines, all of the areas are in FL.

Gain = Sales price less expenses less adjusted basisAdjusted basis is purchase price plus improvements less accumulated depreciation.

Both properties fall into Class B- category and has no HOA and no rental restrictions.Here are the details for each property:Property 1:3 Bed, 2 Bath (1020 sq ft)Purchase Price: $250,000Moderate rehab needed (Kitchen, floor, bathroom sink vanity, light & fan fixtures, interior paint)Rehab Cost: $30,000After Repair Value (ARV): $295,000Down Payment: 20% (Out of Pocket: $50,000 + $30,000 (rehab) = $80,000)Projected Rental Income Post-renovation: $2100/monthProperty 2:2 Bed, 2.5 Bath (1168 sq ft)Purchase Price: $230,000Moderate rehab needed (Kitchen, floor, bathroom sink vanity, light & fan fixtures, interior paint)Rehab Cost: $30,000After Repair Value (ARV): $295,000Down Payment: 20% (Out of Pocket: $46,000 + $30,000 (rehab) = $76,000)Projected Rental Income Post-renovation: $1900/monthThe location is moderate, with amenities like shops, restaurants, a mall, and a baseball stadium within a 5-mile radius.Considering buying both as they are in the same building, the total cost and income overview would be:Total Price for Both Properties: $478,000Down Payment & Closing: $96,000 + $10,000 = $106,000Total Renovations: $60,000Total Price (Including Renovations): $478,000 + $60,000 = $538,000Total Out of Pocket: $166,000Projected Gross Rent Monthly: $4000The rate of interest for the mortgage is 7.5%.I am currently evaluating: A) The break-even point for two townhomes considering a cash investment of close to 32%.