Phyllis E.
How come "Costs vs. Value" charts never show remodeling costs being completely recouped?
I am a newbie here and I have been recently investigating the possibilities of rehabbing and flipping homes in my area. One thing troubles me though: although I've read about (and heard on the BP podcasts!) about the ...
Josh Stack
HELP!? - Unique Multifamily Deal Analysis - Risk vs. Reward
Hey BP Community,We have a deal - or something unique we are tying to figure out if it's a deal or not!A property has been listed at 607 Highland St in Cramerton, NC 28032. The property is spread across one acre and ...
Chuck Brickman
Rehab items for basic flip
I'm trying to get a better idea of what I should replace and what I should just simply paint or otherwise update on basic flips...say ARV is going to be in the low 100s?
I've read that some guys go in and replace win...
Konstantin Dubovenko
Should I hire a property management firm
Hi everyone, I am an moving to a new home and planning to rent my condo in San Diego (central Hilcrest walking distance to Balboa Park / Zoo). The condo is modern and basically in perfect shape, completely remodeled 1...
Daniel Gipp
Help with advice, Sell or Rent Out
6 months ago I started building a new home in a different part of town. Rather than sell my existing home, I decided to turn it into a rental home. The numbers weren't great, but I had a hard time allowing myself ...
Roger Allen
Capital Gains on Inherited Property 15 Yrs Ago
Hello BPers. I have a guy that is selling his property he inherited from his grandfather (found it by driving for dollars). He passed about 15 years ago and the house has been vacant the entire time. It’s on 3 acres w...
Troy Biggham
Tenant is in a wheelchair now requested move due to two stairs
My tenant who was injured somewhere and is now in a wheelchair is requesting a letter to break her lease. She is a voucher recipient and thus far a really good tenant ( 4 months). She has given me a move date but says...
Andrew Hartley
Asbestos Siding Remediation
Looking to purchase my first rental property after analysis paralysis. I have found some reasonably priced duplex, however the MLS points out it has asbestos siding. Was wondering if anyone had been through the abat...
Ryan Billingsley
Potential deal next to condemned house
We are contemplating purchasing a property that needs rehab for a flip opportunity. It is a 3/1 833 sqft slab home. It is next to a condemned house on a decent up and coming street. 80% of the homes on the street a...
Libby Earthman
Live and flip in rural CA
Investment Info:
Single-family residence fix & flip investment in Winters.
Purchase price: $241,000
Cash invested: $80,000
Sale price: $541,000
Live and flip. House was on the market for year...