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28 August 2015 | 2 replies
Since I farm a couple of different areas I have my searches ran with bed/bath, square footage, locations, and price range.
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29 August 2015 | 2 replies
The neighborhoods you can reliably count on buying for <$30k are, what I personally, would consider to be D class neighborhoods.
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30 August 2015 | 4 replies
Its a 2 bed 1 bath in the better part of V&E and should rent pretty high in that category.
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29 July 2021 | 6 replies
The listing was listed as a 2000 sq ft house with the lot listed 3 bed 1 bath which is consistent with my tax bill.
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30 August 2015 | 1 reply
Just needing a second opinion on a whole sale deal I'm currently working on with a house I have under contract, here's the detailsNon-owner occupied4 bed/ 3 bath2798 sqft ARV: ~$230K (can safely sell for $85/sqft)Repairs: ~$20KAsking price: $140KNow through the eyes of all you rehabbers/ fix and flippers, In your opinion is my Wholesale offer a good deal?
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10 September 2015 | 7 replies
., bed/bath, location, etc.Also, start searching Craigslist, Padmapper, and talk to property managers to get an idea of what units are renting for in a particular area.Good luck, keep asking questions.
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4 October 2015 | 7 replies
Since then, I've been reading BP forums and listening to BP podcasts on my way back from home or before I hit the bed.
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26 February 2016 | 7 replies
First, the details on our 'flip':The house is a 4 bed/2.5 bath 1968 split-level home on 0.5 acres, at the end of a cul de sac, with a privacy-fenced wooded lot, in-ground pool, spa, hardwoods throughout much of the house, and some updates including stainless appliances, in an A neighborhood in South Charlotte.
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8 September 2015 | 1 reply
I am looking at a project that is a historic building that sits in an Acre and is 8700sf . very walkable to lots of amenities,restaurants,grocery, schools, government offices e t c.in the past i have remodeled SFH ,renovated industrial builings to retail centers (sizes up to 15000sf)Project Scope: i am thinking retrofiting and add an addition and have aprox 32 units of apartments with elevator, and finishes stainles appliances,granite tops, study says that target tenants are milenials,retiress and due to proximity to government offices government employees.current rents go for 1bed 900-1000 and for 2 bd 1100-1200 . the sf need for 1 bed is 800sf ( should be able to rent according to the study for $1200)and for the 2 bed is 1200sf( should be able to rent according to the study for $1400)for this area.14 1 bed x $1000 =$14000 x12=$168,000. year18 2bed x $1200 =$21600x12=$259,000 yeartotal yeqarly income $427,000.00 -8%$34,160)vacancy (study says 3% for this area)=$392,840.00 yerly gross income.using current rents for fast stabilization as the goal is a non recource loan.i have couple questions that i would greately apreciate your input. 1)is it worth going after tax credits and how do i find more information?
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11 April 2018 | 120 replies
It's bed enough us wholesalers can barely get sellers to trust us.