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15 March 2024 | 20 replies
I thought it would depend on bank appetite but I've heard back that vacancy isn't an issue so long as the property is self sustaining as is.I think there's a fine line between filling an open spot and resurrecting a dying center though.
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12 March 2024 | 3 replies
I would like to ask a question dealing with tax sales in Texas. There is a property adjacent to a property I own that has a inhabitable home on it. It is still in a deceased woman’s name and the tax’s have not been pa...
14 March 2024 | 1 reply
If you wish to get licensed in every state to act as a lender, go ahead but the cost to do that is extraordinary so you would need to spend money on that and getting proper insurance since you are essentially issuing a mortgage.
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13 March 2024 | 15 replies
Keep in mind if on well/septic there are likely acreage requirements-Site Engineer, does your area require a site engineer to draw up plans, pull permits, determine right of ways et with fire/utilities.
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13 March 2024 | 11 replies
@Sean Petriehouse hacking is a great way to get started but not everyone's situation permits it.here's a great thread on the challenges of investing OOS in the midwest.https://www.biggerpockets.com/forums/48/topics/1159104-overl...
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14 March 2024 | 9 replies
With 5-10% down or an FHA 203k loan, you will still run into the issue of not adding enough equity to do a cash-out.
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15 March 2024 | 20 replies
Inflation seems to be an almost universal-economic issue at the moment, and premium housing has always been in demand.
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14 March 2024 | 13 replies
I have been in the ringer through real estate investing (negative cash flow, scammers, bad contractor, obtaining more than ARV, getting less than ARV, plumbing issues, positive cash flow) learning head-first the whole way.
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14 March 2024 | 3 replies
I can’t tell you the exact price per sf, but generally, I’d pay about 10-20k for just drywall, carpet, doors etc in an unfinished basement, if you have any minor foundation issues/leak that’s probably another 5-10k adding a bathroom is probably in the 8-10k range maybe a little more if you have no drain stack in the basement, digging down can easily be 50-100k
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14 March 2024 | 0 replies
-Consider offering incentives or concessions if offers are not being submitted.Tax Planning:-Understand tax implications and consult with a tax professional.Pre-Sale Inspections:-Conduct inspections to address potential issues beforehand.Remember that every real estate market is unique, and the effectiveness of these strategies may vary.