I buy in Birmingham where okayish properties list for 50k, can be rent ready for 2-5k, and have ARVs of 80-90k.
If I can put 5k in and get the appraisal to 85k that will allow me to be front end profitable on rentals...
Wow have ADUs taken off in CA recently, especially with the recent changes to legislation.
Curious question for investors out there: who has looked into modular prefab detached ADUs? I recently started focusing more...
I own a fourplex building. The tenant in the basement moved in two months ago and has been pretty problematic, including two prior noise complaints from the unit above him for blasting music until 1 am within the last...
Unicorns still exist in Denver, if you know where to look. This was a quick project(~6 weeks from purchase to sale), and not a bad take for a few weeks worth of work.Purchase $215kCarrying Costs $4,200Fix Up Costs $15...
A little help w/the 70% rule calculator and my math please. ARV 159K. Rehab Cost 60K. No extra profit needed. After hitting the calculation bar it gave me an Est. Purchase Price of $51,300. Now , ARV-RC-EPP=$47,700. I...
Hi all,I got pre-approved for FHA loan in VA. My strategy is to house hack. I did the same thing in SoCal by renting out a room but that was at the peak of the bubble in overpriced area.Now my plan is to get a single ...
Looking to invest in Wildwood. I have been looking at comps for Single Family (3-4 bedroom). Based on the numbers, does it make sense that I can potentially double those numbers with a duplex with same comparisons? Al...
I have a situation with two tenants (two single women) in an up/down duplex who are currently feuding. I originally told them to work it out themselves but I then foolishly allowed myself to get dragged into the middl...
Topic: Best cities to buy a fourplex
I wanna purchase a fourplex and I’m open to buy in any city that’s profitable. My own city is a HCOL area, so not a lot of options here.
Since I’m late to the investing game, I ...
Diving right in with my first post.. My parents want to buy a property in D.C. for around $900k. This is a 1031 exchange -- they're selling a rental property in San Diego, where they live. I live in D.C. and would man...