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Results (10,000+)
Matt Powers Where to start investing in real estate?
15 January 2025 | 33 replies
All complimented with Amazon fulfillment centers, google, and more tech manufacturing jobs.The bad reputation of “Detroit” comes from OOS investors wanting sub $40,000, D class properties in poor condition, because they pencil out to 2-3% deals on paper.
Maegan Quaife To Sell Or Not To Sell
16 December 2024 | 1 reply
It is a duplex totaling 4 bds and 2.5 baths with modern updates, in great condition.
Mark G. PropStream or PropertyRadar - Freshest Leads
19 January 2025 | 6 replies
I would suggest you try both, and the compare their data and maybe see which gives you the most up-to-date info and of course, accurate leads.I would also suggest you try VirtualDrive4Dollars for these type of data, they also include complaints received from their neighbors, (I don't think others do provide this type of data)it's a good feature so you could know real-condition about their property and negotiate the price accordingly,they also provide service of leads for off-market properties, distressed properties with code violations, which is lspdata . iodo let me know if you have other questions, I will be happy to help you out.
John ONeill Confessions of a First-Time Flipper: What I Wish I Knew Before I Started!
13 January 2025 | 11 replies
I strongly advise anyone purchasing an old house to flip to ensure they have a clear understanding of the condition of the home's drainage system.
Dhruv Patel First rental property in Ashburn VA
14 January 2025 | 2 replies
I didn't make any renovations as the property was already in good condition.
Chris Allen Selling Home on Sub-To
9 January 2025 | 9 replies
There is also a provision in the promissory note that states in the event of default, we must deliver the property back in the same or better condition from the time of purchase. 2: We will deed the property back to the seller & execute a contract for deed.
C.S. Bryson Is this a good deal? Looking for advice on my first investment
16 January 2025 | 0 replies
Remaining Balance: After the balloon payment, the remaining loan balance will be re-amortized over 5 years (60 months) at the same 6.5% interest rate.Payment TermsInitial Loan Terms (First 24 Months):The monthly payment for the first 24 months is based on a 12-year amortization schedule:Monthly Payment for First 24 Months: $1,573.39Remaining Balance at Month 24 (Prior to Balloon Payment):The balance after 24 months can be calculated using the amortization formula:Remaining Balance at Month 24: $157,113.92Balloon Payment:The balloon payment will be 50% of the remaining balance at Month 24:Balloon Payment Due at Month 24: $78,556.96Re-Amortization of Remaining Balance (After Balloon Payment):The remaining balance after the balloon payment will be:This amount will be re-amortized over 5 years (60 months) at the same 6.5% interest rate.Monthly Payment for Final 60 Months: $1,541.18Summary of Key Terms:• Purchase Price: $215,000• Down Payment: $43,000• Loan Amount: $172,000• Interest Rate: 6.5% (fixed)Initial Terms (First 24 Months):• Monthly Payment: $1,573.39• Balloon Payment Due at Month 24: $78,556.96Re-Amortized Terms (Final 60 Months):• Remaining Balance: $78,556.96• Monthly Payment: $1,541.18Additional Conditions:1.
Ben Mardis Investing Newbie: an intro and preliminary strategy review
16 January 2025 | 7 replies
If I were investing in eastern WA, or where my extended family lives in Pennsylvania, those 100k houses in good condition are a real thing there.  
Ben Hedvat Single-family residence fix & flip Hamptons NY
16 January 2025 | 0 replies
., known for its upscale appeal and strong demand for vacation homes.Properties in the Hamptons attract affluent buyers and renters, offering a high potential for appreciation and steady rental income.he property may have been undervalued due to its condition, presenting an opportunity to add value through targeted renovations.
Bayo Badejo 103 unit assessed cap rate of 5.4(accurate?)
15 January 2025 | 3 replies
Well maintained 80's property, vintage condition units.