We have all heard about the 70% rule. You want your total estimated cost with purchase price, rehab, and holding/closing costs to add up to 70% of the ARV. Around where I am, Ocean County NJ, I am not seeing it. Case ...
Those of you guys who invest in small towns in Midwest...Do you think those small towns will become obsolete? There are a lot of ghost towns here in Arizona, that are 1 hr away from Phoenix... And that is 1 hour away...
Interesting article in Forbes:https://www.forbes.com/sites/brucekasanoff/2014/04/04/real-estate-brokers-obsolete/#3e787c367953
Investment Info:
Office Space commercial investment investment.
Purchase price: $10,900,000
Sale price: $13,825,000
Built, and marketed “Creative” office improvements to attract progressive office us...
Investment Info:
Other buy & hold investment in Alma.
Construction of 4 new apartments in a functionally obsolete historic building. We used grant monies to offset the construction costs. A Michigan Co...
Here's something to think about,Domestic and foreign issues keep scrap prices lowBy John Ambrosia - Trend Analysis - April 20, 2015Along with April’s mostly sideways markets came another dose of reality for sellers in...
Are real estate agents becoming obsolete? If not, then what do you think are characteristics/ skills they should have for you to work with them?
On average, most consumers only move once about every 7 years or so and for the typical consumer, a good real estate agent can be worth her weight in gold as far as the negotiation skills and technical experience brou...
Investment Info:
Industrial commercial investment investment in Carlsbad.
Purchase price: $3,250,000
Sale price: $4,600,000
Identified, built, and marketed “Creative” flex-office improvements to attr...
Would you touch this? Found an off-market 2 bedroom for $75,000 in a market in which hardly anything is under 100K. In great condition, it would sell for about $110. It is rough and would probably need about $25,000 w...