Noah McPherson
Holding costs flips and BRRRRs
Can you guys enlighten me with a breakdown of holding costs? What do you pay? The price of the loan, utilities, insurance, and maybe half a year of property taxes or so. What else is there?
Andrew Sumarsono
Min Starting $ for Cash BRRRR for SFR/small MFR in your location?
Hi everyone! Q: What's the lowest starting $ for cash BRRR that you'd seen in the last few months in your location? I just finished reading the BRRRR book by David Greene and like the idea of BRRRRing SFR and small MF...
Murali Jesudoss
Property Taxes Higher in Huntsville
Hello Team,I just closed a property in Huntsville, AL and observed that the property has unusually little higher taxes than other homes. I noticed that most of the SFH with 3/2 are in the range of 400-500 per year wit...
Jeff Null
Financing a Deal for my Tenant
My realtor called me today with an unusual proposal. I don’t even know the terms to use to search the forums for more information, but I would be happy to search history for suggestions.I own two small commercial prop...
Kurt F.
Renting garage spaces separately from duplex
I'd appreciate some input. Some initial rambling: I have a detached garage on my duplex rental property that I've not yet rented out -- so far I've been using it for rehab staging/storage. It's a small 2-car with 2 ...
Franklin Romine
Burn Letter
Anyone familiar with a "burn letter"? I have a purchase in escrow. Two homes on one lot zoned sfr. Older homes one built in 1945 the other 1977. Seller financed. Question came up if the property burned down if ...
Mark S.
Mobile Home Park Purchase for $69,900
I have recently been asked if I'd be interested in purchasing a mobile home park for $69,900 that produces $1,900 monthly income with 5 more spots available.I have no clue where to get started and what questions to as...
Curtis Deckard
Changing listing price AFTER placing a bid.
Hi everyone. I recently put a bid in on my second rental. From what my realtor told me the seller was "in tax trouble" and was wanting to dump some of his properties quickly so this property was listed at $24,900. ...
Joe DeNardis
Land contract question - peculiar situation
I have a situation concerning land contract.The buyer paid everything except for $2,000. We agreed verbally to settle the $2,000 at closing. The initial closing was not established since a lien had been noted by the ...
Nalo Coban
Could it be this simple? Analyze THIS!
so im looking at a 4plex, brick bldg. one bedrooms sub meter for utilities. The bldg was built in 1940. my biggest concern is lead base paint and asbestos interference during the rehab process. because of these fac...