Expenses that don’t go up as fast take less of a bite as the ARV increases, leaving more room to (slightly) increase the purchase price plus rehab limit to 75% of ARV.We use this rule of thumb for screening, but always create a spreadsheet to estimate all expenses and run a P&L in detail for comparison.

HELOC: good for short-term use of equityAre there other ways to access equity in your home?

The buyer requested a transfer from his job to the city where the house is but now the job wants him to start work next week, I told him we can probably let him and his family occupy the property prior to the closing date.  

I hit 2 years at this home and tried crunching some numbers to see how much I would need to sell my current home for to break even with escrow/interest/reno costs.

Use your $40,000 to buy your way in, learn from some grey-haired guy or gal while on the job, and make a profit. 

I plan to hand deliver the 30-day notice to vacate tomorrow 10/18.

I always look at current ARV and use that or lower for my sales price, never higher because I can't guarantee the market.

Does anyone have advice on how to approach this or know of a good broker specializing in vacant residential land?

Hi, if I have an existing contract with a voucher tenant and want to request a rent increase, what should I keep in mind that would cause the reasonableness rent to be lower? 

Many investors start with a variety of insurance carriers to manage different properties.