BiggerPockets

APRIL 14, 2023

A FSBO (For Sale By Owner) seller wants to move forward with your offer—that’s great news! But first, they have asked you to pull comps (comparable sales). Believe it or […]

Sellers 57

Sellers Real Estate 57

Housing Wire

JANUARY 9, 2023

These buyers are primarily local community developers who purchase distressed properties and then resell or rent those properties on the retail market following rehab — a process that typically takes six to 12 months. . Home price correction likely nationwide and in majority of markets.

Retail 455

Retail Sellers Buyers Market Value 455

Housing Wire

FEBRUARY 21, 2023

Offerpad’s Q4 2022 flips still produced an average gross gain of nearly $12,000 per property (not including holding, rehab or selling costs), but that was down 69% from the average gain of more than $38,000 per property a year before. By comparison, the retail REO sales sold for 73% of estimated “after-repair” market value.

Housing Market 375

Housing Market Renovations Marketing Retail 375

Housing Wire

MAY 31, 2022

The Automated Valuation Model (AVM) and Radian Interactive Value enable qualified users to obtain estimated prices of properties quickly and accurately. Lenders and investors can use the Pyramid Platform to assist with their rental property inventory, from acquisition and rehab to rental management and resale all in one place.

Modernization 355

Modernization Real Estate Clients Investors 355

Housing Wire

MAY 23, 2023

These buyers are primarily local community developers who purchase distressed properties and then resell or rent those properties on the retail market following rehab — a process that typically takes about six months. The price demanded metric is the winning bid divided by the estimated “after-repair” property value.

Housing Market 422

Housing Market Marketing Retail Sellers 422

Housing Wire

MAY 6, 2022

trillion down to $2 trillion (by some estimations) due to the decline in refinances. In addition to our popular bank statement loans, DSCR loans are also seeing a high demand for those getting into the rehab and rental markets. You also have a mortgage market shrinking from $4.1 These products have been around for a long time.

Marketing 346

Marketing Lending Loan Officers Training 346

Housing Wire

JULY 6, 2023

trillion, a revision downward from its January estimate of $1.65 So, finding those opportunities, rehabbing and returning them to the market solves part of the [inventory] problem,” Carlton said. A recent report by online home marketplace Zillow estimates that the nation needs 4.3 That compares to a record $4.4

Inventory 460

Inventory Renovations Real Estate Government 460

McKissock

NOVEMBER 23, 2020

Buy, rehab, and rent? Estimates from painters? The way you approach a real estate investor about a property shouldn’t be the same way you pitch a property to traditional buyers and sellers. You need to understand your client’s investment strategy: Buy, fix, and flip? Buy at wholesale and sell to another investor? Flooring quotes?

Real Estate 90

Real Estate Investors Agents Investing 90

Housing Wire

JULY 21, 2021

My passion is really going back into the neighborhoods I grew up in and helping to enhance those areas through my rehabs,” said McCormick, who lives in Atlanta but is buying investment properties in her hometown of Dayton, Ohio. And I also want to make a profit, of course.” ?. Identifying Underserved Neighborhoods.

Real Estate 462

Real Estate Investors Market Value Home Value 462

Housing Wire

JANUARY 19, 2024

We support this bill, particularly for its meaningful enhancements to the Low Income Housing Tax Credit (LIHTC) that will produce an estimated 200,000 additional rental units over the next two years.” The proposal is not without shortcomings, however, according to Dworkin. “We

Construction 388

Construction Finance Law Government 388

Patch of Land

NOVEMBER 14, 2018

The app also offers value to the experienced investor—who might have their own method of estimating profitability like spreadsheets, but may be seeking a more professional look when presenting their case to a potential lender. First, there’s the new investor, who doesn’t yet understand how to evaluate a property’s profit potential.

Real Estate 36

Real Estate Tools Investors Investing 36

Housing Wire

MAY 31, 2022

The company estimates there are about 3 million “aged properties” in the Chicago area alone, with almost 88% of them built before 2001. New Western calls itself “the largest private source of investment properties in the country,” connecting more than 100,000 local investors looking to rehab houses with sellers.

Mortgage 383

Mortgage Construction Lending Real Estate 383

Patch of Land

APRIL 10, 2018

Save time on every project by developing a list of rehab costs for your area that you can use to price improvements. Estimating the cost of the project and projected timeline accurately can make or break your next flip. For example, you could schedule your social media posts in advance by using a social media management platform.

Business 35

Business Development Real Estate Investors 35

Patch of Land

JANUARY 22, 2020

When estimating a DIY project, get a time reference from an experienced professional and allow yourself twice the allotted time. Rehabbing with a building permit helps protect your investment, future families, and your community. Not to mention it’s the law!

Construction 39

Construction Design Training Renovations 39

Housing Wire

MARCH 26, 2024

While estimates of the needed supply vary widely, it is clear that we are millions of units behind at this point,” Fratantoni said in his statement submitted this month to a subcommittee of the U.S. Cherre’s Salmanson, for example, estimates that the institutional-investor share of the SFR market could be as high as 6% to 7% nationwide.

Investors 448

Investors Marketing Inventory Real Estate 448

Housing Wire

AUGUST 21, 2023

497 BOSSCAT 1,175% 2018 Digitizing home inspection data to create instant repair estimates for homeowners and real estate professionals. 4,196 NewWestern 106% 2008 Real estate marketplace that connects more than 100,000 local investors looking to rehab houses with sellers. 4,105 FirstCloseFirstclose. 4,105 FirstCloseFirstclose.

Real Estate 365

Real Estate Real Estate Agent Technology Investors 365

Patch of Land

OCTOBER 17, 2017

The Loan-to-Value ratio is the amount being borrowed as compared to the value of the property, while the After Repair Value is estimated based on the value of the property after the renovations are completed. After Repair Value is an estimated value of a property after renovations. Let’s look at each of these in a bit more detail: .

Renovations 28

Renovations Lending Real Estate Inspection 28

Housing Wire

OCTOBER 16, 2023

The Treasury Department estimated that HAF “has assisted nearly 400,000 homeowners at risk of foreclosure,” the White House said. Department of the Treasury also released new data measuring housing aid distributed by the Biden administration thus far, pegging the total figure at more than $12 billion in support.

Design 454

Design Insurance Development Construction 454