Tom Scott
The 1 Acre House
Property: Brick / Block 1570 sqrft 3/2 with additional office built in 1956 on 1 acre lot (most lots in area .5 acre or less)ARV : $185,000 (used $180000 for profit calculation to be safe)*Same house 2 doors North sol...
Todd Rasmussen
Hypothetical Backfeeding Electrical Project Question
This is hypothetical because it is an exercise in electrical theory. No-one should actually do this because it is dangerous and could kill them or the poor lineman trying to restore power if they didn't understand the...
Jack Bobeck
Real Estate Investors | YellowBird Connect
Happy Thanksgiving to everyone. I wanted to make people aware of an issue I recently uncovered with the Facebook Group : Real Estate Investors | YellowBird Connect. I reached out to one of the admins and asked them wh...
Steve Rozenberg
Which is Better to Live in, Self Managed or Property Managed?
Why Do You Think Tenants Like Management Companies Over Self-Managed Properties?
Mike R.
to all the new RE investors
my wife and i have been doing the RE thing for a while now and have done well, but over the last 12 months i have noticed that prices are getting crazy. To me, it is hard to justify buying property (we only focus on ...
Mark Derecho
Foundation issues. Need advice.
Found a nice house with foundations issues. Per engineer estimate, the foundation needed to be lifted 2.5 inches. Below is the work to be done. The cost was quoted at $6k. The house has tile flooring. I'm assumin...
Account Closed
Bank says duplex apprasial is expensive ($835)due to rent schedules evaluations etc.???
I asked if it will be an in house appraisal, drive by appraisal, or a full appraisal so I can have an idea of my costs. This is a duplex, im putting 20% down, getting a 30yr fixed mortgage. Here is the answer I receiv...
Wayne Bolen
Purchasing properties with foundation issues?
As I'm sure a lot of you know many of the properties being offered up by the wholesalers typically have foundation issues. I'm curious as to what others in the area think about these? Addressing foundation issues can ...
Morgan Kling
Overcoming age as a first time home buyer
So I am leaving the bank. I won't mention the name but it rhymes with ells argo. Where I was essentially treated as if my business was not important and my investment property was of no concern.
First I will give a ...
Michaela G.
What if no HOA has been set up?
So, we have this really interesting situation:A partner and I have picked up 6 duplexes in one 'cul-de-sac' (It's really a private drive that feeds all of these duplexes. It turns out that they were never officially s...