All Forum Posts by: Carlos Ptriawan

#1 is normal, in our market someone bought in June for $425k and resell it in July for $500k without doing anything

#2 all the time

#3 yes

#4 yes,sometimes the agent left a note in private remark why the house is not selling, you can call the listing agent directly

True @Dan H. , some BP folks don't understand math. People can make money from CF,Appreciation,BRRR, or IRR. If any of these is workable then your project is profitable regardless it's in Missouri, California or the Phillipines.

I used Burns Research for nationwide research.

The most stupid arrogant advice in BP is when someone saying the only way to purchase home is via cash and investor shall move from CA to midwest LOL :) It's extremely funny, actually most of BP blogs I considered funny these days..

Leilah and Steve: yes this is the online software that's exactly looking for that. I'll send you that in PM. I don't want to promote other business.

right, it's the standard in that market. 

Buying Rental Property is almost similar to buying a stock,  you need to know your buy zone and sell/resistance zone, and affordability. For example, the only good time to buy in San Francisco is only in 2013. This area in this location has 3 waves of pricing. 2 years up and 1-year consolidation. Currently, it's on third wave reaching major consolidation. San Jose market meanwhile is reaching second wave and may consolidate in 2022. Yes it's possible that there may be still appreciation in SF, but not that much. Same thing with the Miami market, it's no longer affordable to common people. The last good time to buy in Orlando is in 2015.

Why price is moving up everywhere is not directly due to the demand, but because gov printing money so any hard asset is being bought right now as hedge to interest rate/inflation/cheap money/etc.

So where to buy ? easy... for any cashflowing, just go to zillow home index, add US market index; and enter any US cities. Any US cities that are below the nationwide moving average most likely is in cash flowing market and will have an appreciation in the future.

After you identify the market you need to identify the house and your personal risk adjustment, this is where the actual fun begins.

It's so hot that a ruined property is sold more than listing and almost reaching the average good house in the neighborhood.

remote investing is good, better than local. I only choose a clean property though, not easy to find. A good market is easy to find. A good investment is not.

There's online company where you can find vacant lots easily --online. Maybe that's useful for you ?