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24 February 2025 | 49 replies
Their new "company" is now called Bee Setups.
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18 February 2025 | 25 replies
Nobody ever went broke over a duplex, I know this now, but I have to admit I had some serious doubts about this when I started 16 years ago, I bought every course I could find, already on CD's, this was post cassette tapes lol, and I paid RichDad Education for a one year coaching program (turned out my coach was a girl in a call center without any actual experience).
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19 February 2025 | 0 replies
Now, I am questioning if it even makes sensse to develop anymore properties.Does anyone else have any thoughts on this?
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22 February 2025 | 1 reply
That would be equivalent to $1200 now with no rent.
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28 February 2025 | 3 replies
Now, I’m transitioning everything to full property management.For this to work, you need a solid team—leasing agents, maintenance, and a reliable contractor or handyman.
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14 February 2025 | 1 reply
I figured now would be a good time to jump in, introduce myself, and ask for advice.
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19 January 2025 | 8 replies
A longer timeline will make paying the extra 2% now more attractive.
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24 February 2025 | 0 replies
.- Sold it for $915K after 5.5 years (received $442K at the closing)- Did 1031 exchange and bought 8 SFH in NE & AL worth of 1.6M (brings $4k/months income now) What made you interested in investing in this type of deal?
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11 February 2025 | 21 replies
Quote from @Richard Schubert: Closed and now have the keys in my hand.
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28 February 2025 | 5 replies
Successful flippers are:- Building relationships with reliable contractors- Ordering materials well in advance- Being strategic about which renovations will truly deliver ROI Regulatory EnvironmentRecent changes to Phoenix building codes have emphasized:- Stricter energy efficiency requirements- More rigorous inspection processes- Additional permits for certain types of renovationsBe prepared for longer permitting timelines than in years past.Financial ConsiderationsThe financing landscape has evolved significantly:- Hard money lenders are offering more competitive rates (7-9%) than the 12-14% seen in 2022- Several Phoenix-specific investment groups have emerged that pool resources for flips- Traditional lenders now offer more renovation loan products tailored specifically to the Arizona marketThe Bottom LineThe Phoenix market in 2025 offers solid opportunity for house flippers who approach projects strategically.