After 2020, we saw a significant rise in home prices and inflation, accelerated by a variety of factors. Many homeowners locked in mortgage rates at historically low levels, between 2.5% and 3%, providing a golden opp...
Sales Data for the Previous 6 Months
New Home Sales
November 2023
Sales: 150 (MoM: -3%, YoY: +5%)Median Sales Price: $325,000 (MoM: +1%, YoY: +8%)Average Square Footage: 2100 sq ft (MoM: +2%, YoY: +6%)Inventory: 18...
Hello all, I am about half way through The Book on Rental Property Investing. As of right now I am just getting started and am welcoming any and all information that might be helpful. The one clear goal I have is to b...
Hi everyone, I'm new here and looking to get started in RE investing for rentals. I've done quite a bit of research on Phoenix, AZ so far and was wondering if I could get some honest opinions from those of you that ha...
In a very long story short I came across a deal I could not pass up. One year ago I purchased 23 acres of land with a tax value of $292,000 for a price of $175,000, 3% interest rate, and it is owner financed. The 23 ...
I am looking to begin my journey in real estate investing by purchasing a couple properties (SFR and/or duplex) in different out state markets. As we are pretty far along in this market cycle, I am searching for deals...
I have a theory that the reason why most millionaires in America drive F-150s is because one they can be economical and two because most MIllionaires are created through real estate, otherwise they would all be drivin...
Hello. I’m excited to meet others on this site. Financial freedom is my goal, and my primary interest is buying a multifamily or possibly house hacking.I've leased, managed, and sold one single-family home in Baltimor...
Hey BP! I am working on my future plan for investing. As I currently live in NJ and plan to buy another house hack in the coming months, I want to think further ahead as well. I have it stuck in my head that if I want...
Hello Everyone,I've learned a lot from Frank Gallinelli's "What Every Real Estate Investor Needs to Know About Cash Flow," however, the Internal Rate of Return concept is still a little confusing to me.In this book th...