Hi all! New member here in the Denver, CO area. A friend of mine came to me with a potential deal. Looking for help running the numbers on this potential flip. Asking price of 270k with comps in the low to mid 300s(31...
Thanks for your suggestions below.
I bought my first rental property 3 years ago for 336K. It’s now worth 470K. Mortgage including taxes and insurance is $1750 a month, and rental income is $2500. Right now I’m payi...
Hi All,I'm an investor renting out a property in Northern Virginia. I have a tenant problem - please help with your advice.Here's the story - this large house is currently rented to a group of 5 tenants (2 of whom are...
I am looking into getting a hard money loan for the first time and was wondering how to calculate the interest to make sure the deal is still a good deal after there interest. Rough numbers are it’s a 2 building 10 un...
I have my personal home in remodel and we added an addition to an existing covered patio with a common roof to the home. We're adding french doors to this room, a window, new framed walls, ect. The slab is sloped to...
I thought I would pass this on. American title services was one of the two title companies HUD used before the switch to buyer select. Although I noticed American stopped receiving much work from HUD before the s...
We are considering a lakehouse as a STR. I'm curious if anyone has offered add-ons for their renters? Has anyone added a car (directly or though Turo) or a boat or anything like that?I know it's done because as STR re...
Hi Everyone,I have a 2 unit, 2000 sq ft. commercial office building, which is empty now. We purchased it this past summer. Each unit is 1000 sq ft. separated by a long wall. There are two glass front entry doors abou...
Here's my dilemma, I need to replace a roof on one of my rentals and am debating on just paying a contractor to tear off the roof (it has a double layer of shingles) and cleaning up the mess, and then laying down the ...
Hello all!!Boy, do I have a story to share.As we all know, the primary job of a Wholesaler is to drive for dollars and knock on as many MOTIVATED sellers doors as possible.So I was heading to my daily first of ten hom...