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30 October 2024 | 16 replies
What kind of returns are you getting?
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31 October 2024 | 17 replies
I think it depends on 1) what kind of profit/loss you’d make if you sold it and 2) whether fixing repairs and replace the siding would increase the next tenant’s rentI hope that helps some!
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31 October 2024 | 2 replies
There are probably many posts that contain similar information to this one, but I thought it would be of value to future and existing investors who are starting their journey.We recently completed rehabbing a duplex we bought for $93k and rehabbed for $75k (in retrospect, we could've negotiated a lower price 🤷♂️ - discussion for a different post), hitting an ARV of $190k when our target ARV was $170k.Two things that stood out for me that helped us secure a higher ARV that anyone can use in their next BRRRR were:1) Fix the property to be in the top 75th percentile -> To improve our success rate, we consulted with both our agent and our PMC on what kind of materials and finishes the best properties (highest ARV Comps and Rent Rates) had in the area.
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2 November 2024 | 9 replies
@Brandon Weis it sounds kind of tacky for the size of property.
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30 October 2024 | 12 replies
It’s fantastic to be part of such a supportive community.
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29 October 2024 | 5 replies
Dig into what they need and see if you can provide the administrative support as I mention in #4 below.
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5 November 2024 | 34 replies
Loads of strangers with no motive other than being kind helped me out when I was getting started.
2 November 2024 | 8 replies
What are the best kind of properties for section 8?
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1 November 2024 | 18 replies
Long overdue update:I pursued the tenant through small claims court, and won, kind of.
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1 November 2024 | 2 replies
Hi Chris, I presume getting an attorney is the best option especially since some legal action of some kind will be needed.