The PITI payment on it is $4,300 (on a 15 year note) and it rents for $8,000 but it is a bear to manage. 

PS the foundation issues are caused by Yazoo clay.. in the newer homes the builder dig out a few feet and then rock up before foundation.. the old homes are just  laying on the existing soil ..

If we're into the 10-year bear market then you may lose your money too when you have to sell your shares/equity.

There is a lot of speculation in the market that investors should not buy real estate during a bear market or high inflation period.

So purchase price, as long as you can obtain initial funds to execute the BRRRR (including the value add), has zero bearing.  

This was after the foundation was given the OK by 2 separate inspectors and occurred due to lack of support under the house, soft soil in Florida, and lack of gutters to disperse rain water from the foundation.

As many of you know, Assembly Bill 968 will take effect on July 1, 2024, mandating flippers of residential properties to disclose recent repairs and renovations if they sell within 18 months of acquisition. While the ...

The soil or the hard surfaces should slope away from the building to a distance of at least six feet, to keep moisture away from the footings.

Hi everyone,I’m exploring the idea of purchasing a property in Big Bear Lake, CA to use as a short-term rental (Airbnb), and I’d love to hear from anyone with experience in the area.

I am guessing your rentals are probably in Big Bear.