I'm in the middle of purchasing a older property. Its a duplex with a detached 3 car garage with an apartment on top.. so 3 doors...
The home is 102 years old. Seller was selling it for 290k, He settled for 250k.
I...
2 people. One has money to invest in rehabs but has no skills. The other is a contractor with the skills to rehab but very little cash.
What would be a fair financial arrangement for the 2 to partner in rehabbing?
...
Check out the episode HERE.
What happens when you take what someone else is afraid of and make it your niche? You might just become unstoppable like @Ashley Hamilton! She discusses how she made her home city of Detro...
Greetings, I have a rental that is in a HOA community. Recently the board has hired a new "Operations Manager" and her job is to go around detect architectural violations. I have a received a letter from her to pressu...
So BP has proven to be an extra valuable resource so far for a newbie like myself so I'm hoping some of the more experienced folks here can give me some feedback on an off-market property I'm looking at.The figures be...
Hi everyone,I am new to real estate investing. I decided to purchase my first house for a flip a few months ago. I purchased the house, built in 1950, for $49,000 with funds from my newly formed Self directed IRA set ...
I'm curious to know and understand whether or not you should still consider Total property tax and Mortgage payment as separate expenses on the "4 square method".... in the case that you are having those taxes escrowe...
This is my first turn-over and I just inspected my rental unit where my tenant recently left. I see that there is some damage but unsure what to charge my tenant. I'm meeting with a contractor this week to get an es...
After an appointment has been made to get a contract signed with a seller and you begin viewing the property general rule of thumb for determining your sell price is 65-70% ARV minus repairs. What is the best practice...
Good morning everyone!I think I have a unique situation in that I do not qualify for the de minimis safe harbor election test. Now the cost of each of my items is below $2,500, however I don't believe I meet the othe...