A stunning bathroom can (and will) certainly make you stand out against the competition!

(aside from the 1 or 2 homes that have stunning overlook views).When building out your buy box, are you all using the averages, or are you basing your min/max on the cream of the crop listing revenues, even when there aren't clear reasons as to why they are performing so much better than others?

We actually CAN'T explain what we are seeing if we are operating on the "purely rational actor" hypothesis (as you implicitly observe), we MUST include highly irrational and emotional individuals to explain what we are seeing.- Investor uncertainty.

Set on 3.3 acres, this home has everything your buyers are looking for: a brand-new septic system, a state-of-the-art wall-hung boiler with radiant heat, and a stunning new kitchen complete with updated appliances and an island for gathering.

I understand there's potential variation, but from observation, whats being observed?

, you have put me on the right track with very clear and concise observations to think about while evaluating my market.  

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $58,500

Cash invested: $55,000

Sale price: $155,000

Contributors:
Peter Vekselman

Partner Drive...

We truly have sold some stunning properties.

In my observation here in Santa Rosa, the first lots out of the gate that sold went for too high of a price. 

When it comes to these types of auctions by the sheriff, is there a waiting period that must be observed before rehabbing/renting the building post winning the bid?