Real Estate Update

Some data points for March 2023  Median Sales Price: $430,000

New Listings: 2,298 (down 29% compared to March last year)

Days on Market Until Sale: 29

Months Supply...

Hi everyone,With the U.S. in obvious housing shortage for the next decade at least, the narrative seems to be that this would be positive for real estate investors. Every podcast episode is talking about how the gover...

Hello,
We have a property that has potential for a 56 unit development. We have general contracted a similar size development ourselves in 2018/2019. I currently manage those units. We have continued to build and fli...

Hi all - it’s that time of year! Does anyone have a streamlined and easy to use excel sheet that helps gather all the pertinent information for our STR taxes?

Thanks

While I realize the current environment and COVID-19 will impact the answer to this question, I've been looking at properties in the Russian River Valley for potential STR opportunities. For full context, see my previ...

Hi all

Looking for recs on where's the cheapest place to buy electrical supplies (wire, switches, outlets, etc). Fixtures I always find great deals at several stores but I'm taking meat and potatoes here. Electrical ...

I have yet to purchase a refrigerator, washer, and dryer for my first investment property and would like to know whether I should stick with big retailers like Lowes, or shop at local appliance stores? 

More markets are creating "Good Cause Eviction" laws designed to protect tenants from unfair evictions. Essentially, the landlord can only evict if the tenant violates specific requirements.What do you think? Are they...

I dove into the IRS code today, and I think I have an airtight argument that the de minimis rule applies not only to personal property like refrigerators and computers, but also to materials and supplies used in impro...

Hey does anyone know what the Cap ex rate in Granby CT is (for a mixed use building) right now?