fix and flip update for last week of January

I sold one flip yesterday, selling another this week and have one more selling in a couple of weeks. I just got one more under contract I am selling!  I have one under contract that i am buying. It has been a busy month!
Creator of Invest Four More
If you want more help with your investing, check out http://investfourmore.com/blueprint-for-successful-real-estate-investing/


Comments

  • Pretty new to real estate. Started learning last March. Have 12 rental properties today.
    Rehabbed a fixer upper and rented it. Doing my first real fix up. Hope to make some good money on it.
    Time will tell!!
  • If you have 12 rentals I would not say you are new to real estate! Congrats. 
    Creator of Invest Four More
    If you want more help with your investing, check out http://investfourmore.com/blueprint-for-successful-real-estate-investing/


  • Nice Mark! 
    Im helping my cousin purchase her first flip, we have nice inventory of homes in Sacramento with high after repair values. 
    Michael Lane Jr.

    Sacramento's Real Estate Specialist 

    MichaelLaneJr.com
  • Nice Michael! It is hard to find any flips or rentals here, but I have been able to find a few. What are the average prices in Sacremento?
    Creator of Invest Four More
    If you want more help with your investing, check out http://investfourmore.com/blueprint-for-successful-real-estate-investing/


  • Average prices are around 210k. Prices are going up fast due to some major entertainment and construction coming to the city. There are still plenty of areas where homes are listing from 70-90k with strong rental rates.
    Michael Lane Jr.

    Sacramento's Real Estate Specialist 

    MichaelLaneJr.com
  • When it comes to investing in Sacramento theres moderate competition. Most investors come from the Bay Area up to Sacramento because their money goes so much further.
    Michael Lane Jr.

    Sacramento's Real Estate Specialist 

    MichaelLaneJr.com
  • Thanks for the info. I am surprised prices are so affordable it being so close to the Bay area and prices being so insane there! 
    Creator of Invest Four More
    If you want more help with your investing, check out http://investfourmore.com/blueprint-for-successful-real-estate-investing/


  • I know bay area prices are insane! Sacramento is a hidden gem. We have affordable housing,  and if you drive an hour in one direction you have snow and mountains, drive an hour the other direction and theres the ocean :)
    Michael Lane Jr.

    Sacramento's Real Estate Specialist 

    MichaelLaneJr.com
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