Matthew Maggy
Clearing a large lot
I have a lot that I bought at auction for $8400 on the outskirts of a rapidly gentrifying neighborhoods. I have an offer to sell it for $70k and it could probably be divided into 4 or 5 lots. It is seriously overgrown...
Rik Wallace
How nice do I make it?
So I just bought a partially rehabbed townhouse. It was purchased 6 months ago as a flip and I assume the investor ran out of money and decided to list it in its current condition, which is not bad at all. As the prop...
Ryan McLaughlin
Our Latest Philly / Manayunk Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $220,000
Cash invested: $70,000
Sale price: $460,000
205 Hermit St is a project we wrapped and sold in early...
Steve Rozenberg
Whats the magic number to spend on a make ready
How much should you spend on a make ready. Most owners, myself included would like to have a good ball park number, depending on the property I am buying or turning over after a move out. Everybody has different opini...
Lesley Resnick
Flooring advice
I am working on a fix and hold project and need to make some flooring decisions. I generally use contractors or labor to do the work and I provide the materials. No sense paying them to go and pick up the materials ...
Zach Schwarzmiller
Refinishing Concrete Floors - Concrete Foundation
Greetings - I am closing on a duplex at the end of the month which is on a concrete pad foundation. I am really interested in trying to figure out an affordable Do it Yourself method to make these floors the actual fl...
Connor Hegwood
First Flip help/ advice
Hi All, I’m very new to this world and need a little guidance. Long story short, I just got a home gifted to me and the home needs some work. The comps in the area are around 45-75k, but this home is in rough shape.It...
John Collins
Quartz countertops to raise rental value?
I am reconstructing after near total demo , and was looking at a quartz or replica ish countertop for $40/sq ft. Vicostone is really nice, silostone is really nice -- it feels a lot more elegant than granite. I also l...
David B.
Forcing appreciation in C class neighborhood
Hi all i have a question that might be confusing, so I’ll try and simplify it. i have recently purchased a duplex in Columbus, Ohio in a C class neighborhood. I intend to purchase more.
Now - these homes are functio...
Matt B.
Terminal cap rate (exit cap rate)
hi everybody, was wondering how people here determine their exit cap-rate. Is it just off of comparables (even then, finding a future comparable isn't really possible when modeling the properties performance for the n...