24 August 2016 | 12 replies
I am usually pretty conservative on my ARVs but 300k sounds pretty high.If the ARV was 300k I think a lot of flippers would (with a 35k repair bill) be at closer to 185k.Break down:Closing their sale, 3kfees to real estate agents 22.5kholding costs 12kOverages 15kRepairs 35kSo that is a total of 87.5kIf they paid you 217750 they would loose 2750 on the deal.
28 June 2017 | 4 replies
Another downside is you loose on the advantages, of the Federal Tax Code, by not closing in the name of a LLC.
13 January 2021 | 18 replies
Out of curiosity, do you have any buyers/sellers remorse due to maybe more loose inhibitions?
26 August 2016 | 6 replies
@Nils Orliczky There is actually an entire industry built around selling houses with tenants in them.It is called "Turnkey" and is one of the most regularly discussed topics here on Bigger Pockets.Some neighborhoods you will loose potential resale value by having a tenant in the house, other neighborhoods you will actually gain resale value by having a tenant in place.
20 August 2017 | 11 replies
Since it is an old home and some of the plaster is loose, it too needs to be knocked down and replaced with drywall.The paint on these walls may have lead based paint and dropping plaster will create dust.
12 December 2014 | 12 replies
It's all a numbers game and you have nothing to loose.
12 December 2014 | 9 replies
You may loose money or break even or maybe even make a little.
17 December 2014 | 33 replies
These laws are to give the installment buyer homestead rights, rights of redemption and the opportunity to obtain excess equity secured, as may be applicable.
11 December 2014 | 5 replies
I just wanted any loose mortar scraped and replaced as there's no real cracking, just some loose mortar here and there.
13 December 2014 | 11 replies
It was not a plumbing issue but it appears the rubber seal that connects the dishwasher hose to the plumbing pipes had been knocked loose or off and flooded the area and ignored for quite a while, unfortunately there is no cabinet floor and it flooded the subfloor to the kitchen.