I talked to a contractor the other day, he told me he usually builds new houses for $111/sq. ft. + about $22,000 + permit, impact, and architecture fees. He says his price might approach $200/sq. ft. for higher end ho...
Just to clarify, in the absolute simplest form, cap rate essential means % return on investment per year. So if it is a cap rate of 3%, you can expect a 3% return on investment per year?If "yes" is this something you ...
Im closing on my first deal in about 2 weeks. I purchased a HUD condo for 32,500. Should rent for about 1150-1200 a month. After rehab value should be right around 65k. The property needs minimal rehab. I'm paying cas...
Hey everyone,I am a new REI and I am on the verge of being under contract for a duplex here in the Dallas/Fort Worth Area. I offered $285,000 with a 3.5% FHA as I will be house hacking it. The only issue I have is tha...
I was very inspired by the latest Webinar on the BRRRR strategy. I am curious as to if anyone has done this and found that undergoing a rehab in an offseason was detrimental? For example:Purchasing a home in Sept. and...
UBS Investment Bank's strategists forecast that the Federal Reserve will start cutting interest rates by a significant 275 basis points in the next year. This projection is almost four times more aggressive than what ...
So I am selling my house. It was a brand new house built in 2019 even though they say 2018(probably the year they submitted for permits) but have all the paperwork to show 2019.
I originally listed as a FBO at 290 b...
Curious, what if any, changes everyone is making for 2020 given the ever changing note climate? I.E. Are you staffing up, committing more resources to dealflow, raising additional capital, selling off your RPL's, etc.
Hi All, I completed a cash-out refinance of my primary residence 2-unit on Friday, but may have to cancel it due to some specific language. I have until tomorrow night at midnight to cancel - so I am seeking your help...
I am thinking of moving out of my primary home in bay area to a second home (that I already have). The current primary home if I rent it out is in top schools and desired location but will NOT be cashflow positive. I ...