Patrice Pominville
Painting and Habitability in San Francisco
8 March 2020 | 0 replies
Although most source seem to confirm this, some articles seem to imply the contrary:https://homeguides.sfgate.com/can-landlord-charge-new-carpet-new-paint-lived-there-10-years-44474.htmlIf anybody has first hand experience with this in San Francisco and can provide some insights, it would be much appreciated.
Derrick Deese
Completing my First BRRRR - Details Below!
8 March 2020 | 1 reply
The numbers worked out as follows: Source of Funds: HELOC on primary residenceAcquisition: $50.6KRehab: ~$24.4KAll-in: $75KAppraisal: $92KCash Out Refi @ 70% LTV (since the loan was slightly under their general guidelines): $64.4KLess closing costs the amount back to me was $58.3K.
Bobby Swingler
How useful are county records for finding wholesale leads?
9 March 2020 | 3 replies
The county, list sources, online databases, etc.
Alexander Johnson
New wholesaler questions about rehab costs, escrow and procedures
9 March 2020 | 1 reply
Is there a source for prewritten contracts or will I need to hire a lawyer?
David Garcia
Investing from Abroad
13 March 2020 | 18 replies
Your other option would be to team up with someone locally to basically do much of the work the turnkey company is doing, sourcing deals, facilitating closing, coordinating fix up/permits/etc - then turning over to a property manager to find tenants, etc.Another option would be to place your money into syndication deals on larger apartments to have your money work more "passively" as well.Good luck, and keep us updated!!
Derrick Deese
Completing my First BRRRR - Details Below!
8 March 2020 | 0 replies
The numbers worked out as follows: Source of Funds: HELOC on primary residenceAcquisition: $50.6KRehab: ~$24.4KAll-in: $75KAppraisal: $92KCash Out Refi @ 70% LTV (since the loan was slightly under their general guidelines): $64.4KLess closing costs the amount back to me was $58.3K.
Nicole D.
Zillow, Trulia, Realtor.com
9 March 2020 | 3 replies
There was a poll on Bigger Pockets a couple of years ago asking investors where/how they sourced their first deal.
Andrew Gonzalez
Finding Comps and Estimating ARV
9 March 2020 | 3 replies
I find myself sourcing info from multiple websites (Zillow, Redfin, Realtor.com, Trulia) but do not have a good direction/process to get to my final product of a well thought out ARV.Thanks for your help as always,Andrew
Rod Youte
During a Sellers Market is it best to look into auctions and etc
9 March 2020 | 3 replies
@Rodeler YouteHow are you sourcing deals, are you working with agents or scouring FSBOs or...?
Maria Crenshaw
Am I scaring away potential tenants?
12 March 2020 | 30 replies
All income must be from a verifiable source.