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There is a bank owned house that is at $110K. It will need about $35K to fix (new siding, plumbing, kitchen, all interior paint, misc. repairs). It will also have to get financed through a 203K loan which means the...
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New investor here. Currently in the education/analysis stage. Does anyone in the Los Angeles/Orange County area have a worksheet they use to estimate the cost of repairs prior to purchasing a flip? If not a worksheet...
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Hey BP Community!I'm looking to purchase my first rental property. I found a distressed seller in Columbus GA, for what looks to be a great deal, but would love another set of eyes on my analysis. Let me know your tho...
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Hi ,my offer was accepted and I want to know if is a good dealDuplex Price-175kTax-9500Insurance-800Repair 30kAfter-250kRent -2-1-$1800Rent-2-1-$1800Total 3400Vacancy-5%Water+garbage-100 monthly
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I am currently reading "The Book on Rental property Investing" and have stumbled upon the term "Pre-Rent Holding Costs" and I'm not sure what it means. Do you have any information about this topic?
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First, thanks for the wealth of information on this site, especially folks who've taken the time to ferret out and post related links in their posts. After scouring the forums, I've come up with a list of the insuranc...
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I am buying a house. My plan is to hold it about 2 years and during that time it will start as a rental (appr 6 months), then I will completely rehab it (appr 9-12 months), and then will either sell it or rent it aga...
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This is probably a silly newbie question, but here goes:I'm trying to take the advice of many investors out there and practice analyzing some deals as I am looking to get into my first actual deal in 6-8 months (multi...
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The bank dropped a new excel in my lap after our last round of deals. The excel is labeled as "Stabilization Report". They asked us to submit it each time we do another round of lending.It is nothing really fancy. You...
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I just bought my first duplex. It’s one bed, one bath, and both sides need renovating. I am wondering if it is more logical, time wise to hire out the work knowing it will cost more money but be on the market sooner f...