Are you trying to hand your “friend” a 50% taxable gain that you’re going to keep?

Most of the cost was the backhoe to dig up the line.

If you can match the paint, the walls could probably be touched up. $3,000 is reasonable for a full repaint.

Do you believe mortgage rate will start to decrease?

Quote from @Michael Zimeri: Hi Marise,This is Michael from Coldwell Banker UAE.I have been in the BiggerPockets community for a few weeks now and from what I have seen is that this community and tools are mostly oriented towards the US market.Regarding analysis for Dubai, I would more than gladly guide you through the Dubai market if you wish!

Purchase price: $47,000 Cash invested: $7,000 Sale price: $85,000 This deal was sentimental as I grew up on this street and wholesaled a house across the road just 1.5 years ago.

btw the above is not to be confused w/ a BOT.

@Roy Loganeither1. your own direct marketing to property owners, or 2. through someone else (a wholesaler, another investor, your network, your uncle's neighbor who wants to sell their house and doesn't want to list it and tells your uncle)

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Had to put a new roof, HVAC, and finish the basement.