Patrick Bunn
How is this for a plan?
21 August 2020 | 13 replies
It will take up a lot of you time and feel like a second job.Based on what you're saying, I recommend BRRRRing light rehabs until you cash flow enough to cover your expenses.And while turnkey properties are very little work, you're buying a property at a retail price that will barely appreciate.How much capital do you have to invest?
Deyson Shaw
Purchase and Sale Agreement in Idaho
21 August 2020 | 5 replies
Downloading a one-size-fits-all contract gives you the bare min.
Jorge Monroy
Is it normal to pay for a cash buyers list??
20 August 2020 | 2 replies
Well, it's worth what you're willing to pay I guess.Considering the list has been passed around a bunch and prob has some bare min qualifiers, I wouldn't let mere numbers make me pay more.
Rod Lambe
I found a property to buy?
31 August 2020 | 38 replies
Fix any mistakes, errors, ommisions, and raise that score. 2) Like many others said, identify and implement money saving tips to your daily life and routine and hopefully build some savings to use as either a down payment or reserves etc.3) Leverage your pro membership to run at least 5 property analysis a day, at the BARE minimum!
Jonny Yeh
1st JV residential flip - (partners are unpredictable!!)
12 May 2020 | 0 replies
Purchase price: $150,000 Cash invested: $30,000 Sale price: $220,000 This was a forced JV with someone I barely know, but it turn out to be ok....
Jenny Sung
1st Time Investor - Need Help Analyzing a Deal
13 May 2020 | 7 replies
Location - Spring, TXBuilt in 1977, 3/2, approx 1500 sqftContract Price - $120kLocked-in Mortgage Rate - 3.5%, 20% down (no points)Total Monthly Rent - $1450- Comes with Section 8 Tenant (Mom & 3 kids)- Buyer pays title insurance- Big items to account for after inspection (Est $2-2.5k for bare minimum): Tree too close to the house, needs to be cut downOne side of the garage door opener has no outlet to plug into (there are a total of 2 single garage doors)Kitchen sink drain pipes are "amateurishly" doneRusting of the evaporator coil in the attic (20 yrs old)Attic lines don't have enough insulationOne bathroom toilet is cracking and needs to be securedRoof is missing guttersRoof shingles vs flashing wasn't done 100% correct, needs more spaceThe buyer agreed to a $500 closing cost credit.
Dale Miller
Areas of Buffalo where rents are .........
18 May 2020 | 12 replies
ARV barely $200K, so it just doesn't make sense.
Brian Ellwood
Why Most RE “Investors” Never Create Their Desired Lifestyle
1 June 2020 | 23 replies
Eventually RE allowed me to get to the "lifestyle" that I had wanted: quitting my job, chilling on a beach internationally while barely working a few hours a month.
Paul Chae
Cash out refi queston
18 May 2020 | 24 replies
I realized the bare minimum that they think is worth for work is about 100k.
Paul Chae
Cash out refi question
15 May 2020 | 3 replies
I realized the bare minimum that they think is worth for work is about 100k.