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18 November 2024 | 3 replies
The challenge is that the property only has a one-hour open house the day before the auction.Here are the details:•Opening bid: $100K•Hard money lender financing: Up to $220K (with my 20% deposit and 100% renovation costs covered)•Comps in the area: $485K–$510K•Estimated rehab (based on pictures): $125KObviously, this estimate could change significantly once I see the property.
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16 November 2024 | 5 replies
You don't have a great case for a tax appeal here because it looks like it was upped based on the renovation and improvements done prior to you buying it.
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18 November 2024 | 3 replies
I also intend to owner occupyI was thinking if there is a small studio or even a garage within the four plex ,that should cover the IRA part and the rent from that studio/garage can be accounted and deposited directly into the IRA account please advisethanksFollowing - I'm based in the Easy Bay.
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18 November 2024 | 4 replies
If you're using a HELOC, I assume this will be based on the value of your primary residence.
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19 November 2024 | 14 replies
Obviously if you acquire your deals based on this assumption and ended up operating better than it's more money in your pocket.
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18 November 2024 | 4 replies
I am based in Texas and I understand that there is a lot of affordable duplexes in Westmoreland County for a low as $90,000 on Zillow.If you are looking to House Hack like @Madison Stoner I recommend you interview some local Investor Minded Real Estate Agent and hire the one you feel most comfortable with.
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23 November 2024 | 40 replies
It was a while ago and I was able to have the fee reimbursed I believe, but I have a US based manager from VRBO so it was not too painful a process.
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22 November 2024 | 13 replies
Many small businesses that are home based need a business mailing address and the use of meeting space and an occasional office.
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19 November 2024 | 10 replies
There is a free website that I use to find the estimated short term rent based on Airbnb data.The same information you can get from airdna but you need to pay for that service.