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SandraL
ParticipantOf course, but who are they flipping them to?
Other investors, of course! Just like on the way up. It will be an ugly circle.
Buy property, mark up, put back on the market. Another investor buys, marks up, back on the market. The difference this time is that there isn’t much room for prices to keep going up in a declining market, without liar loans and foreclosure sales keeping the area comps low.
The guys “first in” might do well, but the second/third wave is gonna get hurt.
ParticipantOf course, but who are they flipping them to?
Other investors, of course! Just like on the way up. It will be an ugly circle.
Buy property, mark up, put back on the market. Another investor buys, marks up, back on the market. The difference this time is that there isn’t much room for prices to keep going up in a declining market, without liar loans and foreclosure sales keeping the area comps low.
The guys “first in” might do well, but the second/third wave is gonna get hurt.
ParticipantOf course, but who are they flipping them to?
Other investors, of course! Just like on the way up. It will be an ugly circle.
Buy property, mark up, put back on the market. Another investor buys, marks up, back on the market. The difference this time is that there isn’t much room for prices to keep going up in a declining market, without liar loans and foreclosure sales keeping the area comps low.
The guys “first in” might do well, but the second/third wave is gonna get hurt.
ParticipantOf course, but who are they flipping them to?
Other investors, of course! Just like on the way up. It will be an ugly circle.
Buy property, mark up, put back on the market. Another investor buys, marks up, back on the market. The difference this time is that there isn’t much room for prices to keep going up in a declining market, without liar loans and foreclosure sales keeping the area comps low.
The guys “first in” might do well, but the second/third wave is gonna get hurt.
ParticipantExcellent! Thank you.
Last question, average rent is figured by average rent on a HOUSE of the similar bed/bad configuration or APARTMENT?
I assume house, but you know what they say about assuming….
ParticipantExcellent! Thank you.
Last question, average rent is figured by average rent on a HOUSE of the similar bed/bad configuration or APARTMENT?
I assume house, but you know what they say about assuming….
ParticipantExcellent! Thank you.
Last question, average rent is figured by average rent on a HOUSE of the similar bed/bad configuration or APARTMENT?
I assume house, but you know what they say about assuming….
ParticipantExcellent! Thank you.
Last question, average rent is figured by average rent on a HOUSE of the similar bed/bad configuration or APARTMENT?
I assume house, but you know what they say about assuming….
ParticipantExcellent! Thank you.
Last question, average rent is figured by average rent on a HOUSE of the similar bed/bad configuration or APARTMENT?
I assume house, but you know what they say about assuming….
ParticipantSo, in theory….a $200,000 purchase price in an area where average rent is $1200 monthly results in ratio of 166?
What would you define the ranges of ratios
1) Fantasyland ____ to _____
2) Ideal _____ to _____
3) Profitable but less than ideal ___ to ___
4) Breaking even ____ to ____
5) Hello foreclosure ____ to _____ParticipantSo, in theory….a $200,000 purchase price in an area where average rent is $1200 monthly results in ratio of 166?
What would you define the ranges of ratios
1) Fantasyland ____ to _____
2) Ideal _____ to _____
3) Profitable but less than ideal ___ to ___
4) Breaking even ____ to ____
5) Hello foreclosure ____ to _____ParticipantSo, in theory….a $200,000 purchase price in an area where average rent is $1200 monthly results in ratio of 166?
What would you define the ranges of ratios
1) Fantasyland ____ to _____
2) Ideal _____ to _____
3) Profitable but less than ideal ___ to ___
4) Breaking even ____ to ____
5) Hello foreclosure ____ to _____ParticipantSo, in theory….a $200,000 purchase price in an area where average rent is $1200 monthly results in ratio of 166?
What would you define the ranges of ratios
1) Fantasyland ____ to _____
2) Ideal _____ to _____
3) Profitable but less than ideal ___ to ___
4) Breaking even ____ to ____
5) Hello foreclosure ____ to _____ParticipantSo, in theory….a $200,000 purchase price in an area where average rent is $1200 monthly results in ratio of 166?
What would you define the ranges of ratios
1) Fantasyland ____ to _____
2) Ideal _____ to _____
3) Profitable but less than ideal ___ to ___
4) Breaking even ____ to ____
5) Hello foreclosure ____ to _____ -
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