1 August 2024 | 0 replies
The strong market demand in the area indicated a high likelihood of a rapid turnaround.
1 January 2019 | 3 replies
Ideally I'd keep the incremental investment to ~$2.5k unless there's a tangible and immediate ROI
29 November 2018 | 8 replies
It is rapidly gentrifying.
25 January 2017 | 11 replies
A total of $1,303,047.86 in liens not sold.Number of liens sold to investors:2016 - 7662015 - 7672014 - 1,0622013 - 1,220Total dollar of liens sold:2016 - $789,139.402015 - $752,379.782014 - $1,359,566.572013 - $1,868,433.33Average rate of return overall:2016 - 4.71% (11.74% if you include the Struck to County which all get 16%)2015 - 6.52% (12.58% if you include the Struck to County which all get 16%)2014 - 6.58%2013 - 6.83%Number of Investors who won liens:2016 - 542015 - 682014 - 692013 - 106Total Number of bids for all liens:2016 - 3,3482015 - 4,3112014 - 6,2542013 - 54,255,0890You bid down the interest rate in 1% increments from 16% down to 0%.Rate Percent that had the most number of bids overall:2016 - 4% 867 bids2015 - 5% 551 bids2014 - 7% 1,162 bids2013 - 7% 18,001,058 bidsMost bids per lien/parcel:2016 - One lien had 21 bids2015 - One lien had 35 bids2014 - One lien had 38 bids2013 - Two liens each had 482,840 bids Results by Property Type minus the Struck to County (click on image to make larger):
24 February 2016 | 16 replies
Our company manages portfolio of over 180 properties in north east... rapidly growing in CT, MA and soon NY and we are looking to expand into other states (Ohio, Texas) and looking for connections.
21 May 2014 | 12 replies
Man it is a crazy market on this side of town with the Exxon headquarters increasing the values here rapidly.
14 December 2015 | 20 replies
.$200/mo positive cash flow per unit after everything.5 units = $1,000 /mo50 units = $10,000/mo ($120K / yr, exceeds your goal)Think of it in terms of 5-unit increments - 10 total - or 10 unit increments - 5 total.My thing is "invest for income".
9 November 2013 | 4 replies
You should listen to as many podcasts as possible as that will bring up up the learning curve rapidly.
21 December 2018 | 42 replies
Additionally, the area is rapidly appreciating with new construction all around, coffee shops, a microbrewery coming this summer and several good eateries already open a block away.
27 September 2017 | 3 replies
In my neighborhood (Berwyn) the average deal single family is about $250,000, so the two hours I put into walking the neighborhood can rapidly be rewarded.