Daniel Mendez
Estimating ARV without a RE Agent
Good morning BP members,How do I go about finding out a rough estimate on an ARV for a home without having to contact an agent and have him/her run comps?Any websites that you guys depend on when analyzing a deal?Than...
Kee Barber
ARV quick question! Am I going crazy or just a little tired!
Little trickery we are sharpening up on our skills, we switched to finding the ARV by using the price per square foot formula, which came to roughly 80k, on this 2bd- 1ba home which is about 530 SF. Which was great we...
Minna Reid
Asking price
Got my first call on my FSBO sign yesterday. Her first question is "How much is it?"...ummm...hmmm..Whoa - I guess I'm stumped. While I was flying by the seat of my pants, I forgot a rather important detail.
So here'...
Drew Denham
Thoughts on different colors on upper and lower cabinets
I'm curious if others have had success in their flips with different upper and lower cabinet colors. I'm debating painting cabinets of a small home (800 sq ft $60K ARV) to add some character and differentiation. Upper...
Bryan P.
Is this a good deal?
I have a coworker that is wanting to sell a duplex. It's worth about 65k. She's willing to owner finance to me with 5,000 down at 6% interest for 17.5 years. The PITI for the property would be around 600. The c...
Mark Forest
Question on asbestos
I was looking at a prospective home when the realtor told me the ceiling and floor tiles in the basement look like they have asbestos. I am not sure if he is right, but it made me wonder how one is supposed to know. ...
Arthur Kelly
Rehab of fire damaged home
Hello all,During my introduction post, I was provided a potential home to rehab on the cheap. The house is next to nothing at $10k, its a 2/1 1000sq. ft. and in a rather undesirable area of the city. However, the area...
Philip Sriployrung
HVAC Inspection - how thorough?
Hi there,Recently had a tenant move out, did inspection and minimal rehab.Two months later, new tenant is placed and when the technician goes to check the HVAC, it turns out it’s busted and needs replacing.Here’s what...
Tramone Russell
How Do I Start Investing With Little or No Money
Life has been taking its course and has now led to a desire to begin real estate investing. So far I have been doing a ton of research to find how to get started. In my current situation I have no money to put towards...
C W
Defining Business Plan
I know that it is very important to define a solid business plan, and right now, I'm an agent and also a private investor. I want to focus on acquiring small multifamily units (2-10 units) and renting them out, bringi...