We went down to thw studs on most rooms. 

they usually say stick it in the bank.. so you can offer them a nice return above bank CDs and on an asset they already know and like etc..

Good to know as I have a property coming on the market and we had one off market offer already all cash but at 10% list price discount (which we most likely will reject).Curious if you think the california fires will assist the market since many of those people need places to live for years and I am guessing some will flee california?

Just acquired a property in a small North Texas very rural town. No building inspections or permits exist out there. The previous homeowner enclosed the back porch and was using it as a 3rd bedroom. By doing this the ...

I'm not from Alberta, but I will offer you a HUGE HELLO anyways from the great city of Nashvegas!!!!

@Kwanza P.Here you can learn more about non-recourse loans:https://www.biggerpockets.com/member-blogs/2810/46115-real-e...Here is a list of lenders offering non-recourse financing to Solo 401k:https://www.biggerpockets.com/member-blogs/2810/50272-list-o...You protect your property by purchasing insurance. 

On top of that, we'll see a booming economy. 

As loans are offered on preREO at a discount, a payoff or reinstatement would typically generate a good return for the preREO investor.

Just make sure you are fluid with this info on each property so you do not buy wrong.  

In its current state:Current NOI: $79,058 (based on 80% occupancy).Current Cap Rate (at $1.25M): 6.32%, reflecting the property’s as-is performance.Value at a 7.5% Cap Rate (Market): $1.05M, based on current NOI.Given the renovations, vacancies, and risks tied to stabilizing the property, I’m considering offering $850K to reflect its current state and value-add potential.