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5 July 2016 | 29 replies
I'm about to put my offer in for a my first real estate investment.In Auburn, WA which is about 40 minutes outside of Seattle,WA Listing price was 330k and dropped $5,000 about every 6 days which is now $315k I'm about to make an offer at 250k comparables in the area have sold $235k to $265kThe tax appraisal is 281kTotal square footage is 4200 and its a duplex 2100 square feet is on the top floor and then in the basement has a family room and unfinished portion.
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10 May 2021 | 4 replies
I am asking the sellers to give me something in writing from the town that specifies that the liens will transfer and they are being cryptic which is somewhat of a red flag.
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12 May 2021 | 5 replies
Market is red HOT right now, low inventory and high demand makes for many offers above asking.
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21 February 2014 | 4 replies
Yes, that can be a red flag to a lender.Bond for Deed/Title is a different matter used in the state of LA, I've been under the impression that arrangement was unique to LA and you had a CFD in your state.
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6 October 2016 | 4 replies
Also buy your figures I would think there are smaller units.I might consider to increase the square footage on a few of the units to increase their rental income potential.I would not do the deal unless you are sure the value of the total monies you will end up paying is strongly supported by the current market value of comparable properties in the area, but then again if you can truly get the job done in 4 months time is on you side just remember "Murphy's law".I am just thinking these properties were just sitting there all boarded up simply earning nothing in the first place.To my mind the price your going to end up paying on a per unit bases is what I would expect to pay for bran spanking new construction based on my estimated square footage of each unit which I base on your expected rent per unit of $800.00/mo.
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4 November 2016 | 9 replies
I am in the process of obtaining landlord insurance for 2 properties:1. 2300 sq. ft. home with 3 car garage and in-ground pool worth ~ 560K2. 504 sq. ft. condo in La La Jolla worth ~ 285K I am getting suggestions on coverage by property value but I think it should be square feet because the condo is worth about 285K and 5 miles away would be worth half that.
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10 December 2016 | 3 replies
I would love to hear from fellow wholesalers on their experiences.Also I would like to reach out to any flippers on the areas they are focusing on, and where they would like to get wholesale deals.Right now I'm looking at:Fountain Square, Lockerbie Square, Holy Cross, Fletchers Place and Meridian Kessler.Suggestions, thoughts, comments?
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8 November 2022 | 42 replies
@Steven BacaBesides roulette and doing black black red black…As mentioned rule of 72 is divide 72 by your projected return and that’s approx how many years to 2x your money.
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6 January 2017 | 7 replies
Change the 70's floral windows in the garage to square windows that more closely match the house.
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10 January 2017 | 35 replies
prop=mlt&key=c0479b399fc51961e34daa7dbc749fc9If that doesn't work, simply go to http://www.gfwar.org/ and click the red "Find a Home" button shown in the picture below.