Michael Wilson
Newbie in Shelton, WA (Mason County)
6 April 2018 | 5 replies
Adjustments are dollar amounts assigned to features -- for example, if similar properties have parking spaces or garages, and yours does not, could throw your ARV off by thousands of dollars.I wrote a Biggerpockets blog post on how to analyze comps and calculate ARV here if you'd like to check it out: https://www.biggerpockets.com/blogs/8814/68395-how-to-find-real-estate-comps-and-calculate-after-repair-valueHappy investing and feel free to reach out if I can help in any way.
Dean I.
Made 17k On My Second Flip, After Lots of Bad Luck
8 May 2018 | 29 replies
Within 1 week, we had multiple offers on the house.Offer 1: 146kOffer 2: Full PriceOffer 3: Full PriceOffer 4: Full PriceWhen we received offer 1, we waited a few days for more offers to come in.
Chris Bryson
New Out of State Investor (CA).
18 April 2018 | 19 replies
I welcome advice from anyone since I'm a total newbie.My professional background is in tech sales and finance, but I can't wait to get deeply involved in real estate.
Joe Ruggiero
An agent that gets it...
8 June 2018 | 39 replies
I don't know if both of them just have had more familiarity with the slow and steady type of buyer waiting for their dream home, but it doesn't feel like either has had the sense of urgency I need them to have in looking for multi-families.
Patrick Philip
Where have you found your best flip (rehab) deals?
7 April 2018 | 3 replies
And of course, my silly monkey butt pops up 1 on google, and we made 160K in profits.Whomever put that sign there.. thank you very much, that was 160 thousand big macs I get to enjoy!
Toby Vockrodt
Newbie with ties to Denver, Orange County, and Phoenix areas
10 April 2018 | 14 replies
I can't wait to discover how I can provide value to the community so I can earn the right to all the vast knowledge on this site.
Craig Poskus
Cost Segregation for Capital Improvements in 2017
23 October 2018 | 8 replies
@Craig Poskus it would usually run a few thousand dollars, for such a small property.
Gregory Hatcher
Why are mentors hard to find and sketchy about teaching?
10 April 2018 | 30 replies
They persuaded me to enroll in their class starting from 20 thousands to 50 thousands dollars and to use a credit card to pay for it.
Torrey McGraw
When do you ask for background/credit check for applicants?
6 April 2018 | 7 replies
Not worth my time making the calls, waiting for call backs, dealing with HR/theworknumber...
Patrick Burch
Partnering on a deal with someone I just met
6 April 2018 | 0 replies
My bank doesn't require me to wait so I can put a mortgage on for 80% appraised value right away (estimated $64k) which puts me in the house with between $10k - $15k in the bank and a good cashflow on the duplex (about 15% return after expenses).This is where it gets tricky...If I rehab this to top market I could probably sell it for $120k.