Hey everyone! I really need some urgent advice here! My hubby and I are buying our first home. We have it picked out and are in counter offer stages. Purchase price will be approximately $70k. The home is in need...

I'm currently reading the book "FLIP: How to Find, Fix and Sell Houses for Profit" by Rick Villani and Clay Davis.

They have a formula that they use to determine their maximum offer.

Here it is: After Repair Valu...

Ran across this interesting survery,
also funny the #4 and #5 are backwards on the slide show..
Saw most of them coming, NY, LA, ect
http://www.huffingtonpost.com/2010/07/13/the-11-most-expensive-cit_n_643909.html
Wh...

Let me first start by saying that I am far from being a newb in Short Sales. I'll be the first to admit that I'm not dumb enough to 'claim' to be doing short sales since 1952 or some crazy stuff like that.

As most o...

I read somewhere that when you are remodeling a house to rent that some of the repairs actually can be written off in the year in which the remodel takes places and that it all doesn't have to be included in the cost ...

I currently live in San Francisco, where real estate prices are out of control! However, I noticed that once you start looking at large apartment complexes, 42 units for example, the price per unit isn't too bad (roug...

Just got preapproved for 275k FHA loan in Oregon. My original goal was to do a house hack until I could rent the property out completely in my local market. The market in Portland and Salem area seems very inflated an...

I'm conducting an analysis of a few Duplex and Triplex units in my area but have not seen enough deals to get a sense for average operating expense ratios for these types of properties. Assuming a management company, ...

Hey Everyone! This isn't really what I was expecting to be my first post, but I am struggling with getting consistent numbers for properties I am trying to analyze in different areas of Columbus. I understand that exp...

What are you putting into for cap rate calculation for maintenance expenses? This would be assuming you cannot get this information from the current or previous landlord. I’ve seen a lot of different numbers being tal...