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Results (10,000+)
Alan Asriants Is this an end to Wholesaling?
30 October 2024 | 236 replies
Based on the latest median home sale price in Maryland ($418,534), that translates to a total cost of roughly $22,350.Home sellers typically cover the total commission fee from their sale proceeds, which is split between the listing and buyer’s agents who handle the sale.
Brett Riemensnider Starting the Renovation Process
22 October 2024 | 4 replies
For example, on what I thought was a relatively simple project in a bathroom reno which was fully gutted down to the studs already, I had more than one quote for over $7k to run pex supply lines and rough in a shower drain and toilet drain off of an existing main stack, all of which ended up costing me about $200 in pex lines, PVC fittings, and sawzall blades.If you need any hardwood flooring repaired, patched, or refinished, you can't beat Dave's Hardwood Flooring out of Blaine - $3k spent with them fully brought one of my duplex unit's original 100+ year old maple floors back to life.If you're putting in any stone counters in your kitchens or for bathroom vanities, Twin City Discount Granite have been awesome to work with, and consistently have the best pricing I've found in the area on fully installed granite and quartz.I also have a great drywall guy, as well as a really good carpet install guy - feel free to DM me if you want either of their contact info!
Priyanka Shah First Investment home
24 October 2024 | 13 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Jen Le Tenant eviction negotiations
21 October 2024 | 24 replies
Do You know roughly how much it would cost if I were to have a lawyer represent me and possibly take it to superior court like you advised. 
Ryan Miehm Best way to fund renovations on a flip project
22 October 2024 | 19 replies
I'd be happy to help you get some rough pricing if you're interested in this route.
Trey Landwehr Introduction from Beginner
22 October 2024 | 19 replies
Hi Trey, I'm a newer investor myself but I've scaled to roughly 9 doors across Memphis and Detroit through BRRRRs, turnkey and everything in between.
Joseph Shuster Negative Cashflow - STR
28 October 2024 | 46 replies
Loan payment is roughly 7,200/mo based on 5.5% which I know is higher than they got in for so thats 86k/year in mortg payment.  
Haley Elisabeth Sell our current business to start full-time flipping?
28 October 2024 | 30 replies
If it goes sideways with them, things can get rough for you.
Chris Berry Section 8 tenant thoughts
24 October 2024 | 33 replies
If you get someone who's just going through a really rough time but is doing everyrhing to get it together, then you're in the money.
Edward Heavrin Paying off a rental aggressively. Pros & Cons?
20 October 2024 | 84 replies
If you're cash flowing positively, gaining natural appreciation, your interest rate is reasonable and your tenants are paying down your debt I don't see why you would want to make extra payments, personally, unless maybe you're ready to retire and need the extra monthly income to cover your living expenses, or you're worried about hitting a rough patch and not being able to make the payments.