
25 July 2013 | 5 replies
If you are buying a property with an ARV of $200k that needs $40,000 in repairs that you get for $100,000.

10 January 2014 | 49 replies
I had been investing in real estate as a sideline since 1981, when I started building a chain if automotive repair shops.

25 July 2013 | 4 replies
The home I am looking to purchase will need extensive repair.

26 July 2013 | 1 reply
The usual rule of thumb is that if your purchase plus rehab costs are 70% of your eventually selling price (aka ARV or after repaired value), then you can expect a profit of 15% of ARV.

30 July 2013 | 29 replies
When a new tenant moves in, I go over the lease and payment procedures with them and emphasize that my husband and I have to pay the mortgage every month with that rent, plus the maintenance fees, taxes, repairs, and insurance.

26 July 2013 | 15 replies
Hey, I never heard of a 50% rule, it is usually 70& minus repairs.

1 August 2013 | 30 replies
Have you evaluated the repairs?

30 July 2013 | 18 replies
To me thats typically the good old 70% rule minus repairs.

27 October 2013 | 28 replies
Did my first-ever preliminary repair inspection (I am not a licensed home inspector, and they knew that going in).

27 July 2013 | 3 replies
It is only a matter of time before an expensive repair/replacement. 35% and the numbers look great, but I think that is a recipe for failure.The other problem is 4-plexes in my price range are not common.