Workout today is going to be intense!

Account ClosedReal estate is a very capital-intensive business and I always recommend to new investors who are having issues putting together the down payment, to hold off until they have funds for not only the down payment but for repairs and deferred maintenance of a property, in addition to a reserve.

My job is to close the deal and that can be extremely labor intensive.* We will see a lot more unrepresented buyers, and my contract with the seller will include a 1% surcharge for having to deal with those transactions

I’ve done this to but it’s more time intensive.

Most of the time a condo/townhome won't be the right fit due to condo fees, hoa fees, etc that make it more costly for the ownership but also more management intensive.

You just need to figure they can be maintenance intensive due to the quality of the materials used, though they are simple to repair.Much success

If you have a real capital intensive deal ( say 100k in road fix up ) you will want to factor that in ) . 

Talk to me about the numbers. it would be less management intensive to just rent it out as 2 separate units and not 5 bedrooms. 

This indicates a shift from a seller's paradise to a more balanced market.Median Sales Price Holds Steady: The median sold price for residential homes sits at $469,998, reflecting a modest 1.9% year-over-year increase.Fewer Bidding Wars: Though sellers are still receiving close to list price (95.6%), the intense bidding wars of the past seem to be fading.

All I did was look at a property, run the comps, and got a reno budget, So nothing to intense.