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14 November 2024 | 30 replies
To share some numbers- I bought one in 2022 for $230k (I went over asking and that was a mistake), but got 28k in repairs paid for by the seller and then I put another $42k into it for upgrades.
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15 November 2024 | 9 replies
The buyers need (not request) a full 5%-6% seller assist and become complete menaces and eat into your margins with lengthy repair addendums following inspections.
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17 November 2024 | 30 replies
., repairs, maintenance, insurance) associated with a rental property.
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16 November 2024 | 14 replies
Who is paying rent, who's always late, who's calling for what repairs.
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9 November 2024 | 7 replies
Like most states, Georgia gives you the legal right to enter for inspections, repairs, or showings.
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12 November 2024 | 5 replies
Being more handy around a property to do some of the minor repairs yourself3.
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11 November 2024 | 6 replies
You are paying the tenants about $5K a year to live there (plus repairs).
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11 November 2024 | 2 replies
Then it will go to tax sale and typically back to the county.The mortgage company could try and repair the property to protect their asset but it depends.
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13 November 2024 | 23 replies
For flipping, I focus on the after-repair value (ARV), renovation costs, and potential profit margins—usually aiming for a 20-25% return after all expenses.
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14 November 2024 | 12 replies
Is there anything I can do, the home is valued at $356,000 however it needs some repairs so personally, I'd put it closer to $290,000 to $300,000.