Over the past few months I have been searching for fix and flips in my area. Its proving to be extremely difficult to secure deals. The average DOM has been around 8 days. Not much luck in the surrounding areas either...
Hi Everyone,I purchased a condo in Arlington, TX in late February. The SDN stated there was no prior flood, flood damage, or flooding at all on the property, and my inspection did not find any of these details either...
What is the most challenging thing about becoming a seller agent?
Hi everyone, here is the housing market update I publish for clients each months. As always, there are some interesting surprises! This is data for the Chicagoland metro area sourced from Midwest Real Estate Data LLC....
Hi All,I'm right at the end of purchasing my first foreclosure and it's been a much bumpier ride than I'm used to! The foreclosure is a SunTrust Mortgage home. It took over a month to reach an agreement and get a sign...
Hey BP!!The question that I have is, how should I analyze a deal that is slightly below market value, but I can get the property via seller financing with very little down? Here is a quick look at the numbers:$1,100 f...
Background
Since the start of the Covid pandemic in March 2020, home prices are up a staggering 45% – according to the National Association of Realtors. Sellers have enjoyed a wildly imbalanced market for the past c...
This is assuming interest will continue to rise. For me, my long term goal is to own doubles in my A neighborhood, that currently are 150K +. And 5% + interest starts to really cut into the profits. I'm not real exci...
I placed a bank-owned property under contract last week. I went by to take some additional photos and get some repair measurements and found that the back door was kicked in and house was ransacked.
I called the list...
Investment Info:
Single-family residence fix & flip investment in Phoenix.
Cash invested: $500
We always share the success stories, but it is good to share that it doesn't always work out.
Property...