An obvious big "gotcha" is an unexpectedly long time before a buyer comes along, taking a huge chunk from profit potential. Initial asking price is of course a major controlling factor. I'm looking for some techniq...
Just about every ROI analysis I see includes a "vacancy rate" factor that is used to "adjust" gross annual income as an accurate representation of the rent that the investment can be expected to throw off each year. T...
http://www.car.org/newsstand/newsreleases/2013releases/oct2013sales#
PowerPoint Charts:
Unsold Inventory by price range.
Change in sales by price range.
Share of sales by price range.
I read a post today that said rates are in the 8-10% range. They're not. I haven't seen that from any wholesale lender I use and I do a lot of loans.
I have seen high 7's on a cash out, multi-family to 75% LTV wi...
The standard rule for investors is to buy 70 percent of the ARV, but I've heard that inventory affects this percentage. For example, low inventory in the market might justify closer to 80%, high inventory could mean s...
As everyone knows West Philadelphia is one of the most competitive markets in the city. With investors having only hours to make decisions when properties come out, going over ask, and selling generally under 30 DOM. ...
While there was a seasonal increase in home sales and inventory, the housing economy is still struggling compared to last year. The median home price, however, has steadily increased. This seems to be good news but ma...
Hello All- I would like to get started in RE by buying a duplex in Montgomery county, PA where I can rent one unit and live in the other one. I want to do this so I can save enough cash to put into reserve for future ...
Hello everyone, I'm brand new to realestate investing and have yet to make my first purchase. I've been a subscriber to numerous podcasts and newsletters on the topic for some time and had a renal property under contr...
Hi all,My name is Kevin and I'm out here in Tempe AZ. I'm looking to either buy my first house for a fix and flip or a duplex or triplex in the Phoenix metro area. Eventually, I'd like to have enough rental properties...