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I have received a response from a seller of a beat up old house in a decent part of town that is going to sell for about $325,000. Asking price: $140,000, and we could pay as high as $130,000. We offered $100,000 a...
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We live a market where inventory is extremely low and prices are high. Every fix and flip opportunity we look at, we will barely clear $10k-$20k assuming there are no underlying issues. Can anyone recommend the mini...
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The 2022 Austin real estate market was a year of extreme contrasts. The year began with scenes like that below, where there were multiple buyers lined up (often literally) for extremely limited housing inventory:
T...
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When underwriting properties, I look for a 5-year ROI of >100% and an IRR of >12% (screenshot below of how those are defined). Please let me know if this is off-base. I am familiar with valuing companies, and I ...
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The Guest Favorite badge is awarded at the listing level, focusing on high guest ratings (above 4.9 stars), a minimum of five positive reviews, and a strong reliability record. Unlike the Superhost status, which evalu...
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Below is the performance of the MSA cities below. The top performing MSA cities are Denver (11.6% above previous peak value), Dallas (10.2% above previous peak value), Portland (2% above previous peak value), and Bost...
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Hey all,
I'm a newbie investor from Queens NYC. Does the Bronx or New Jersey make more sense for a Buy and hold rental investment? Everywhere else seems a bit too expensive, but I was just wondering what you guys tho...
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HI BP friends another question regarding tenants here....has anyone had an experience they'd like to share about negotiating with tenants (rather than evicting them) for a tenant buyout so they leave voluntarily? Woul...
http://www.nytimes.com/2016/10/22/technology/new-y...
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Hi I am looking for insights on best locations to invest in near downtown Austin, that will get me a good return from renting or Airbnb. Also how do I use equity from my current home to purchase a new place? I just bo...