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25 September 2024 | 29 replies
I have a 2 bedroom 1 bath in highly sought after Judson Mill area of downtown Greenville, but haven't decided what I'm doing with it yet as I have several other projects going on right now.Most of my rental portfolio has been acquired from tax lien sales.
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24 September 2024 | 6 replies
Thank you Ned, that is exactly right, we actually check a condo/townhouse about 2 weeks ago, the thing was a condo with a basement, I cannot tell if it was a condo or townhome, anyway, the ceiling in the first floor was bowing, the 2nd floor, one of the bedroom was sinking, could not tell how this damage was done but the walls came apart from the floor, you could see the roof of the unit bowing inwards towards the structure a bit, and their "general contractor" estimate that for 5k they could straighten the property and level everything, even 1 window and 1 door looked so uneven that you would think there was something wrong with your eyes...5k for structural damage, good luck with that one, we ran as far as we could from that....but we have seen they do inflate their ARV, since we learned the hard way , we go through these deals with a magnifying glass, I knew I was not so picky, numbers do not lie.Another thing that caught my attention, which I do not know if I am overly suspicious now that I am older, but they want to get the closing for us at the same time/day they are getting the property from whoever they buying it, which it seems to me they try to save on the closing by having a "dual" closing when in reality is just 1 closing and we are the one paying for it...I do not know there are few things that do not click right with this folks.
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23 September 2024 | 2 replies
What condition is the house in, what is the rent, how many bedrooms and bathrooms, how is the school system, how safe is the neighborhood, etc.
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23 September 2024 | 7 replies
@Vin Gupta it's definitely not easy, I don't think a 1 bedroom apartment is going to do it.
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23 September 2024 | 4 replies
Me and my husband would like to purchase a property - single family house 3 -4 bedrooms to do airbnb in San Antonio, Texas.
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26 September 2024 | 17 replies
Even just one bedroom and one level of the home may be sufficient depending on who is using it.
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22 September 2024 | 2 replies
I took my first attempt at BRRR and bought a house (Kansas City) for 200k, which will be my new residency, so I could use less downpayment and needed a second bedroom anyway.
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23 September 2024 | 5 replies
Doing this like a brrrr I see as the best bet, for example my property does still have room for improvement adding a bedroom and bath to the primary structure and then the ADU.
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20 September 2024 | 9 replies
You need to make sure you have ample drive by traffic and that the market can absorb the units and how long it will take.
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22 September 2024 | 7 replies
It's a 3 bedroom, 2 bath, 1105 sf house in a B neighborhood.Purchase price: $322k (Originally, my partner wanted to flip it with me, but I persuaded him to sell it to me.