
1 October 2021 | 11 replies
As far as how long to rent up you need to drive the local area and look at vacancy with buildings and centers versus access and location quality and compare to yours.

27 September 2021 | 5 replies
FYI if you need 3rd party confirmation: Yes, rates got about 45 bps worse today, compared just to yesterday.

23 September 2021 | 5 replies
There may be more of a move to craiglist or facebook but the amount of scammers on there make that a bit scary.Landlords selling - prices are at historic highs here (nothing compared to bigger cities still) but many investors are taking this chance to get out and not deal with another potential eviction moratorium.

23 September 2021 | 12 replies
I would inquire about the rental history for all of the properties and also try to find out the estimated price for each individual property to see how it compares to the list price.

22 September 2021 | 5 replies
You have to make your property less desirable for that element.

23 September 2021 | 4 replies
I ran some numbers in 2019, and IIRC it looked like down payments were decreasing compared to 2017, an indication that people were buying before they had previously planned.

15 October 2021 | 6 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

24 September 2021 | 2 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

6 October 2021 | 13 replies
Home flippers are seeing the lowest return on investment in nearly a decade — but that still makes for tens of thousands of dollars in returns, according to new data from national property database Attom Data solutions LLC.The gross profit on a typical home flip — the different between the median sale price and the median price paid by the investors — rose to $67,000 in the second quarter of 2021, up 2.4% from the $65,400 in the first quarter of 2021 and up 3.1% over the $65,000 seen in the second quarter of 2020, according to AttomBut that heightened gross profit translated into a 33.5% return on investment compared to the original acquisition price, down from 37.2% in the first quarter of 2021 and down from 40.6% during the second quarter of 2020.That puts it at a level last seen since in first quarter of 2011, when the housing market had yet to fully recover from the slump brought on by the Great Recession.

4 October 2021 | 9 replies
There are some properties out there with nothing to compare to.