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All Forum Posts by: Alex Baranov

Alex Baranov has started 2 posts and replied 3 times.

Post: Biggest surprises from foreclosure deals

Alex BaranovPosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 4
  • Votes 0

For those who have purchased foreclosure single family residences, sight unseen, what are some of the most typical repair surprises you’ve encountered (beyond what you expected) and what % of the time did those surprises end up making the deal unprofitable? Thanks in advance for your experiences and insights.

Post: The Power of the BRRRR: The Sequel (Details + Numbers + Photos)

Alex BaranovPosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 4
  • Votes 0

@James Gates. Amazing work, congrats and a hug thanks for the detailed write-up!

Post: Is there a rule of thumb for estimating closing costs?

Alex BaranovPosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 4
  • Votes 0

New investor, just starting out. Curious if there is a reasonably good rule of thumb for estimating both purchase and sale closing costs. For example, if I bought a single family home in PA for $100K, what would I incur in closing costs at time of purchase, and then again if I turned around and sold it for $100K again (obviously a hypothetical example)? Thanks in advance for your insights.