Ray Detwiler
Transfer of home to LLC and future vulnerability/liability
27 September 2024 | 11 replies
Due to more favorable loan terms (and a bit of impatience/ignorance on my part) we went the traditional financing route for the property, with my wife and I both being on the loan.
Taylor Hughs
Starting Wholesaling, looking to Connect and Learn
7 October 2024 | 2 replies
You'll likely find many in this community willing to share their knowledge, especially with a mutual benefit like that.Start by reaching out to local real estate investment groups or networking events in DFW, as well as connecting with folks here on BiggerPockets who have experience in your target market.
Matthew Nosal
South Side Chicago Fix and Flip
27 September 2024 | 3 replies
Purchase price: $80,000 Fix and Flip in Chicago.
Galant A.
Expected Multiples/IRR for $1M SFH Fix-and-Flip Project with $400K Renovation (12-14
26 September 2024 | 1 reply
Hi BP Community,I'm in the process of evaluating a fix-and-flip opportunity for a single-family home (SFH) with the following details:Purchase Price: $1,000,000Renovation Costs: Approximately $400,000Estimated Timeline: 12-14 months from purchase to saleI'm trying to determine what would be considered "good enough" multiples and internal rate of return (IRR) for this type of project.
Anthony Cangialosi
Learning and excited to invest
6 October 2024 | 1 reply
Some of the main reasons I started this journey is so I can eventually take my family on trips to experience different cultures, help less fortunate people, and build generational wealth.
Larry Nielsen
Section 8 or Traditional Rental?
25 September 2024 | 14 replies
With so many "experts" on Section 8 pushing courses out there right now I was tempted to get into Section 8 rentals.
Clarence Mitchell
My first Investment
27 September 2024 | 2 replies
Purchase price: $80,000 Contributors: Min Zhang First Deal, off market, turn key, cash flowing, with equity.
Guillermo Nadal
Best tenant in the worst area
27 September 2024 | 4 replies
Purchase price: $28,000 Cash invested: $25,000 Bought this property in the worse part of town and I have the best tenant in it of my 18 properties.
Evelyn Randolph
How to cover roof repair before purchase
20 September 2024 | 7 replies
I have the funds to pay for the roof replacement, and I would pay for it ahead of the actual purchase, but hate loosing on the tax depreciation on installing a new roof since I'll be paying for something I don't own.
Andrew Jones
Ground up construction
6 October 2024 | 1 reply
We own a church and a single family home on one parcel in Davenport Iowa.