Completely updated the interior.

One option we kicked around was just start throwing down blind offers on houses site unseen that is contingent on an interior inspection on our end.Another option we thought about was simply purchasing a house that is decent, not a killer deal, and then just telling ourselves it is just a way to get started.

It needs some interior cosmetic work, but interior design is not my strength. 

To do it well you need very specialized expertise in abstruse things like capital account accounting, internal controls risk, cross collateralization, contingent liabilities, deal carve-outs, and many systemic risk patterns that by definition are impossible for the sponsor to design out without paying to pass this risk to a party who would charge more than the risk indemnification would cost.  

As the formula shows (cap rate + appreciation rate) = internal rate of return <— this is a very simplistic example as there is a ton more information associated with this.That’s why it’s best to see what other market participants are doing and what they’re expections are.

I've rented to med students, bartenders, interns, corrections officers, IT guys, retail workers, pretty much the whole spectrum of occupations.

Good afternoon BiggerPockets Community,I am going to keep this short and simple for starters. My name is Mark, I am looking to purchase a property that is overseas, to be more specific, Poland Kraków. I am looking to ...

If you are buying an occupied property I believe it's a good idea to do the foundation repairs once vacant especially if there are interior piers.

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For exterior extents they should have you covered, if you need an interior building survey it can often be tacked onto an architects scope for the new work.