Bill F.
Impact of Aging Millennials and New Construction on MF Values
15 May 2018 | 26 replies
Some markets can have a large numbers of new build, A type communities that would create over supply in that space. that situation could affect the rental pricing between A and B type. while C type will keep servicing the Blue Collar demographic.
Tony D.
For The Rhode Island Investors!
28 April 2018 | 5 replies
I recently did an evaluation on all properties that met my definition of bread and butter - listed for sale in RI and Southern MA for less than $400k in both MLS’s (ran a query and exported results for each) and was surprised to find that on average the cost per sq foot (list price compared to living space) on average was higher in RI than Mass.I am looking for fix and flips and am always looking for property with low sq dt to list price ratios.
Sheena Varghese
Converting Garage to 4th unit on a Triplex
2 May 2018 | 6 replies
I would speak to an architect and private engineer to see if they have experience in this part of town since ultimately you will need to pull permits to convert a garage into a living space.
Jerson D.
Legalities of turning 550sqft detached garage into in-laws apt.
27 April 2018 | 1 reply
im curious... i have a detached 2 car garage with its own meter sitting right next to my house. the space is 550sqft with a walk up attic, i was thinking of adding another 500sqft in front of my garage and extending the attic to the new space to be built i have enough space.. hows the legal part of this work?
Bryan Tasumi
Becoming a real estate agent to buy 1st house hack stupid idea?
30 April 2018 | 8 replies
There are, however, costs for licensing, continuing education, access fees, etc., so just weigh the pros and cons and see if it's right for you.
Michael Palma
Securing financing for 2nd home while keeping the old one
15 August 2018 | 5 replies
I’ve been looking to move into something bigger but recently found that another unit in my building will be going up for sale, unfortunately it’s the same exact layout, however it has roof rights which would give me some private outdoor space and possibility to build up 1 day.
Daniel C.
Favorite owner lookup site?
26 June 2018 | 8 replies
Depending on the county...some counties have very easily accessible tax records.Google “(county name) property tax records” and go from there.
Brett Merrill
Reversion question. Help please
30 April 2018 | 2 replies
It is an interesting property because it was originally a multi family home that was turned into office spaces meaning that they took all of the kitchen and showers out and turn them all into offices.
David Ivy
City of Austin vs. "Predatory" Flippers/Wholesalers
30 March 2019 | 8 replies
There are already statutes and regulations regarding fraud and deception in real estate transactions.Educating people who want to be educated is fine, but if a governing body restricts the pool of ready and willing buyers, more properties will go to foreclosure and sit on the market longer.Real estate investors perform a vital function in every jurisdiction: putting properties back on the market, in good condition.Many of the properties they buy could never pass conventional lender's inspection because they typically require tens of thousands of dollars in repairs that most homeowners do not have or cannot do themselves.Additionally, many real estate investors near metropolitan centers can access almost an unlimited pool of funding to buy and remodel properties if the numbers work.From contract to close, the time can be in as little as 3-4 business days.The delay is mostly waiting on title companies.So when flippers mail letters and post cards to owners saying they can "close quick" and "all cash", that is a fact, not fraud.Of course, realtors will recommend you list your property – that's how they make money – so they are self-interested, which makes the report biased.Maybe next time you can have a "flipper" on you show for balanced reporting.The idea of anyone feeling "pressured" by getting a post card or flyer is ludicrous.If the homeowner doesn't want to sell, the solution is to throw them away.But the idea of "there ought to be a law" is equally ludicrous.If there are bad actors committing fraud, the answer is to enforce the laws already on the books.Out of all the properties posted for sale every 1st Tuesday of the month at the trustee's sale, a very large percentage never make it because they are bought by the very flippers you disparaged.If not for the real estate investing community, cities around the country would look much, much worse.My biggest complaint with your report is that you completely failed to get the rest of the story.Your editor needs address this."
Joshua Meach
I'm Ready to start wholesaling!
22 May 2018 | 15 replies
Even those succeeding in that space at scale have to constantly push and/or pivot with growing competition, average home prices and state-specific laws surrounding brokering!