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4 September 2018 | 11 replies
@Alex Young - those are pretty standard in any state.
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31 July 2018 | 11 replies
I had a friend attempt to run some comps from the mls and he said it seemed pretty sketchy, especially considering the supposed owner of the house isn’t the one listed as the owner.
17 July 2018 | 2 replies
@Summer BurgessHi and welcome to BP.I'm retired military and have been a real estate investor for 35 years.Check out the link below, its pretty much my whole life story.https://www.biggerpockets.com/forums/223/topics/58...I'm willing to help as much as I can.
23 July 2018 | 6 replies
If my low ball offer is accepted, and I end up spending a total of $5-7,000 (adding in extra for labor and any surprises) on repairs, with an estimated monthly income of $650-700 in rent, and yearly taxes at around $1,000 I'm estimating I could make a pretty decent profit, according to my math it would pay itself off in less than 3 years.
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18 July 2018 | 1 reply
However, real estate is such a broad field, everytime I dive into something around the corner there's always something new and honestly it's pretty scary.
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25 July 2018 | 10 replies
You may not like this but from a Kharma Standpoint that’s pretty bad if you were buying a home that had a Section 8 tenant in it, with the thought of flipping it.
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18 July 2018 | 8 replies
Being a rural area my market is pretty spread out.
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18 September 2018 | 11 replies
Say the go for a refi, and get 70-75% of the ARV, now you're getting $140-150,000 back out, which you'll use to pay off the original Hard Money Loan.I'm making this scenario look pretty, tight, and nice for the sake of ease, but that's the gist.There are points, fees, interest payments, etc along the way.But regardless of where you live, whether you own a home, or even have a job, if you can come to the table with a good deal, that fits the lenders numbers/expectations, and you have the financial capacity to do the loan, the loan you will do...
14 August 2018 | 14 replies
If you need additional posting, you can post on zillow.com or put signs in the yard, advertise in the paper; pretty much anything!
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19 July 2018 | 10 replies
This makes me pretty nervous as a newbie so I'm looking for advice.