Devin Janke
Private Money - Family/Friends
9 August 2022 | 7 replies
So my recommendations are 1) get an attorney involved so you know what your able to do legally and s/he can draft up the proper legal documentation to support the path forward, 2) consult with DSCR lenders to understand your prepayment penalties and bake that into your exit strategy with your private lenders, and 3) consider the cost of capital in relationship terms rather than monetary since that matters more than getting the money.
Christopher Abele
(Occupied) Property Inspections
12 August 2022 | 12 replies
In addition to just an inspection, also had a full recurring maintenance list for a flat monthly fee.
Sharon Tzib
Houston Housing Stats July, 2022
10 August 2022 | 0 replies
pid=1869Houston Real Estate Highlights in July:-Single-family home sales fell 17.1 year-over-year, their fourth and biggest decline of 2022 as the market continues on the path toward a more normalized, pre-pandemic pace;-Days on Market (DOM) for single-family homes was flat at 26;-The ‘Close to Original List Price Ratio’ for single-family homes fell below 100 percent for the first time since April 2022, meaning that most buyers did not pay above list price for homes on the market;-Total property sales were down 17.4 percent with 10,180 units sold;-Total dollar volume was off 9.0 percent at $4.1 billion;-The single-family average price rose 9.9 percent to $426,494; -The single-family median price increased 12.7 percent to $348,740;-Single-family home months of inventory registered a 2.5-months supply, up from 1.7 months a year earlier.
Patrick Fanning
What to do with extra land?
10 August 2022 | 5 replies
I am under contract on a 4 unit property with over an acre of flat land.
Jesse Wexler
Thoughts on representing self as Buyers Agent
25 August 2022 | 18 replies
@Jesse Wexler- thanks for the question ....representing yourself sounds like setting yourself up for possible problems .....can you locate a local agent that is willing to represent you for a smaller fee / flat fee ?
Lane Wagner
I dont know what I am doing wrong
12 August 2022 | 1 reply
So, just bake the cost into the rehab cost.
Atul Mohlajee
Is it better to give first half month free to rent units
16 August 2022 | 14 replies
I have four vacancies, an SFH, 2 Flat, and a condo for a month.
Gavin B. Hicks
Profit on flipping houses
15 August 2022 | 6 replies
If they stay flat I'll hit my target.
Jhoana Olarte
Houston Real Estate Highlights in July
15 August 2022 | 2 replies
Single-family home sales fell 17.1 year-over-year, their fourth and biggest decline of 2022 as the market continues on the path toward a more normalized, pre-pandemic pace;Days on Market (DOM) for single-family homes was flat at 26;The ‘Close to Original List Price Ratio’ for single-family homes fell below 100 percent for the first time since April 2022, meaning that most buyers did not pay above list price for homes on the market;Total property sales were down 17.4 percent with 10,180 units sold;Total dollar volume was off 9.0 percent at $4.1 billion;The single-family average price rose 9.9 percent to $426,494; The single-family median price increased 12.7 percent to $348,740;Single-family home months of inventory registered a 2.5-months supply, up from 1.7 months a year earlier.
Jeffrey Suarez
Currently building ADU, and marketing Main Home for rental.
17 August 2022 | 4 replies
Or you can credit them a flat fee.