
7 December 2024 | 150 replies
Counted this as a 45k asset but in truth it could be slightly higher or lower, there is a lack of inventory in this market so I am hopeful it will go for more but I am budgeting 45k.Deal 4 Bought an REO for 12k, rehabbed and all in for 20k, property value is 60k, posable more if we sell as a turnkey to a CA investor.Deal 5 Condo in Chicago, bought NP note (owner died in 2007 and nobody has paid since) paid 22k for the note, property rents in that neighborhood are @ 1,100 a month and the property is worth 60-70k based on estimates from a BP realtor in this market.Deal 6 bought a vacant REO for 5k, paid 7k in back taxes and put 18k into rehab, rented for $875 staring June 1st and worth 60k based on neighborhood comps and feedback from our PM/Realtor.Deal 7 Bought a SFR in souther IL for 12.5k, needs 30k in rehab and BPO's came in at 65k and 70k, I counted this as a 20k value since we will need to put more into it.

29 November 2024 | 2 replies
Quote from @Galant Ant: Permit delays in NY can derail timelines and budgets for developers and flippers.

2 December 2024 | 2 replies
Alongside my studies, I’ve had the privilege of competing as a Division 1 hockey player, which has taught me the value of discipline and strategy—qualities I’m excited to bring into my real estate journey.I’m looking to purchase my first investment property in the U.S. with a budget of $250,000 to $350,000 in cash.

6 December 2024 | 21 replies
Eliminate debt, establish a budget, and save.

30 November 2024 | 16 replies
Some BRRRR Nuances:Rehab Budget: Ensure that bids are received from multiple contractors and that adequate reserves are made for cost overruns.

4 December 2024 | 31 replies
He also visits the properties, inspects them and builds a work scope with line item budgets for each trade work.

29 November 2024 | 2 replies
So with the full fee we counter offered and that busted the buyers budget so they could not get the really cool upgrades the wife wanted..
26 November 2024 | 7 replies
While having a few vacant units I keep on receiving applications from tenants with a nice percentage of these applicants have in their record an eviction..Question to everyone, Would you even entertain an application with an eviction on their records if you own properties in lower income area's?
30 November 2024 | 4 replies
Eliminate debt, establish a budget, and save.

4 December 2024 | 17 replies
You may even consider doing some budgeting and see if a smaller house or even (dare I say it?)