Hello. I am a new member and am looking for advice regarding my first potential deal. I recently cold-called the owner of a 7 unit complex who is interested in selling their property near me in Northern Michigan. The ...
I am in the process of reading the brrrr strategy book and I'm having trouble understanding how a person still has equity after they refinance. Lets say I get private money to fund a deal which is purchased for $75,0...
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In reading David Greene's BRRRR book and Brandon Turner's "The book on rental property investing" they talk about the different types of money making vehicles (cash flow, equity, etc). I am very interested in multi f...
I have found a property that has an ARV of around $200k. Purchase price of $80k and about $40k in rehab. I am looking to use a hard money lender who will allow up to 75% ARV and 100% of the repairs. I am curious how t...
Hello everyone,Just wanted to share this and see all your thought or advice on this. I bought a villa in Miami Florida, for 250k, sell by owner. when I initially did the Appraisal they estimated my house is 1000 sq f...
I am finding that I am often coming across properties that are just below the 1% rule, about .9%. Granted, this does not include any negotiations, considerations of work that needs to be put it, etc. But does being be...
I am purchasing a duplex and close soon. the realtor is saying no revision is made to the lease agreement that is currently in place until their year lease is up. That I just tell them my name and the address where to...
Investment Info:
Single-family residence fix & flip investment in East Point.
Purchase price: $88,000
Cash invested: $6,000
Sale price: $161,500
This renovated, charming, 3 bed, 2 bath, was a...
Having sold our home recently, we are currently renting. The landlord wrote into the lease that we are responsible for the deductible/service fee ($60 per) for calling the home warranty. As a renter, its annoying.As ...