article thumbnail

How to price homes properly in a volatile housing market

Housing Wire

We’re just trying to move inventory quickly,” said Lee Kearney, a Tampa, Florida-based real estate investor who has an inventory of between 15 and 20 homes for sale at any given time. “If To learn more about pricing properties in today’s market, visit Auction.com. If it’s not moving, change the pricing so it does move.

article thumbnail

Fix and flip market struggles as financing costs rise

Housing Wire

In fact, ATTOM reports that one in 12 home sales in the nation last year, or 8.4%, involved fix and flip investors — whose strategy is to acquire, renovate (fix) and then resell (flip) the properties. More investors keep looking to flip homes … but are making less and less in the process “ ATTOM CEO Rob Barber said.

Finance 370
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The share of owner-occupants buying foreclosures has doubled — here’s why

Housing Wire

Meanwhile, innovation-driven transparency is helping to make distressed property auctions more accessible for these owner-occupant buyers as well as for local community developer buyers who, it turns out, sell most of their renovated foreclosures to owner-occupants.

article thumbnail

Investment Property: How Much Can You Write Off on Your Taxes?

Zillow

There are certain things you can do as a real estate investor to help manage your tax bill and maximize your after-tax return on investment. To do so, however, you need to understand the primary ways in which investment real estate portfolios get taxed. A third way, estate tax , applies only to dead investors.).

article thumbnail

Appraisers: How to Manage Your Emails

Appraisal Today

He was planning to renovate it and stay in it, but he had to relocate.” It will be an investor looking to buy and do a [vacation rental] because of its proximity to the airport,” she says. The average American household spends $2,690 on property taxes for their homes each year, according to the U.S.

article thumbnail

Inflation's Impact on the Housing Market

Eppraisal

What about investors, who both buy and sell? Mainstream wholesalers are often most interested in distressed properties so it is doubtful that inflation will significantly make purchases cost prohibitive. However, inflation takes a toll on the price of renovations, a variable that will very well influence the bottom line.

article thumbnail

Commercial Appraisal: Understanding the Basics

AmeriMac

Factors like market conditions, property conditions, income stream, comparable sales, and income potential are considered. Commercial appraisals are relied upon by property owners, buyers, sellers, investors, and lenders to make informed decisions. Contact us at AmeriMac today!