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3 June 2021 | 12 replies
COVID brings in some extra fun and in the heat of COVID we didn't do this type of showing and waiting for the current tenant to leave, was just easier and cut down on liability.
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7 June 2021 | 7 replies
Its current condition, what outbuildings there might be, what amenities exist (central air & heat, dishwashers, laundry machines, etc.)
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5 June 2021 | 12 replies
Not only that the real estate market(s) are over-heated.
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6 June 2021 | 3 replies
I'm currently using the Trulia heat map, but not all properties are on it, so I'm looking for some other resources.
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19 November 2021 | 14 replies
I see the market in Fayetteville is heated and i see a little slow down and higher asking prices and many flips without any value added.
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6 June 2021 | 1 reply
I replaced old windows, added new insulation and drywall, spruced up outside of home, planted flowers and plants, replaced inner doors, power washed exterior, put kool sealant on roof, purchased window AC, added baseboard heating, and painted interior.
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8 June 2021 | 8 replies
The frog is content in the water, and as the heat rises, he's content to remain in the water.
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8 June 2021 | 3 replies
I am looking at financing options so that I don't have to tie up my cash, and I really dont want to do one deal at a time with the bank, plus I would like faster funding.Deal 1- BRRRR, 20K for the house, 12K for reno, 50K ValueDeal 2- Buy/Hold- 2/1 central heat and air....32KI could pay cash, but why?
8 June 2021 | 4 replies
Today while mowing the lawn, I either walked or mowed multiple dookies in the Midwest summer heat.
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8 June 2021 | 2 replies
The goal is to house-hack for a few years before turning it into a two-unit rental.Viewed in that light, here are the results of the deal analysis when financing 95% of the $381,000 purchase price: If the appraisal comes up short (which is likely), here are the results considering the max $25,000 cash over appraisal it took to win the bid: Rent-to-price: 0.58%Property details:Single-family home with mother-in-law in basement2 bed, 1 bath, 1 kitchen up and down2 car garageShared utilitiesShared heating, cooling, and water heaterShared foyer at rear entrance, no front-entrance for downstairsSingle mailboxR-2 zone (multi-family)Built in 1933Nice upstairs with loads of historic charm, livable downstairsNeeds ~$5,000 in updatesInspection found no glaring issues, but it does have a mixture of new wiring and some ungrounded knob-and-tube (added insurance costs)New roof, furnace, and a/c in last 5 yearsWater heater 14 years old5 off-street parking spots (only really usable by one unit)Not ideal, but workable and a decent return which we're grateful for in this market.My biggest concern is being unable to use it as we intend.