As of now, my general plan is to find a local realtor online who is experienced with real estate investing (and has investment properties of their own) to help me find a good local deal (goal is 20-25% return on ARV), get a hard money loan, aiming to rehab/repair/extend the property with my father (both have construction experience) within 4-5 months, and as for the loan exit strategy either sell or rent (depending on the deal). 

This will be our first flip, so we’d love your input on a few design decisions.Siding ColorWe need to replace the vinyl siding and are torn about what color to choose.

@Philip Levi it depends on what part of town the rental is in.

It depends on too many factors to only work off of the 70% rule, just like you can't just count on the 1% rule for buy and holds.

I immediately listed it as-is, ready to be built on.

Thank you HenryHope you have a great time on your trip to Spain and do let me know if you needed any recommendation.

Hello Everyone,  I am looking to learn about the top 3-5 problems which OOS investors are worried about or lose their good night sleep on.

Purchase price: $11,500 Sale price: $14,000 Contributors: Peter Vekselman We purchased a property on E 12th St, Junction City, KS, on 10/15/2024 for $11,000 with our partner Archie Raglin.

Make the most of the educational resources available on BiggerPockets, and consider joining local meetings and Facebook groups.

For a turnkey property what is a reasonable cash on cash return expectation for a property located in an "A" neighborhood?