Ashley Swift
What's a good deal?
what is a good deal to an investor? If the home is worth 355k and I purchase it for 300k would 55k be an okay amount to present to my buyers? I would hate to waste their time & the distressed sellers home, contact...
Willie Mckinney
Is this normal????
Hey Group maybe someone here can help. I am a Wholesaler in Toledo, been at it for about 3yrs. I have done a few deals last year. I am following the way that I have been taught, but I can't even get one under contract...
Brandon Sturgill
Drafting a Personal Financial Statement as a New Investor
So, I have been struggling for some time to draft a cohesive financial statement. I have a W2 job and routine living expenses, so my cash is always in flux. And I rehab and resale, so any profit I make is instantly ro...
Brad Wood
Taxes - are the following income?
For our live-in duplex we charge tenant's 1/2 of the monthly water bill. This varies each month. Is this amount considered taxable income and added on to their monthly rent? If it is, can it also be counted for as an ...
Adrienne Bryson
Determining a fair offer for move in ready SFR
I am going to be meeting with a potential seller tomorrow. He completely renovated the house so basically it can just be bought and resold.From what I can figure fair market value is about $175k. I plan to wholesale i...
Reagan Valenzuela
NEW!
Hi everyone I am new to REI, and im looking for GREAT advice. I am very determined and passionate about my starting career. At this point I am really trying to understand the math for flipping houses. Any pointers?
Kevin Paglia
Converted garages, been seeing more than I would think
Disclaimer: This is the Vegas areaBeen spending a LOT of time (seriously, I may be addicted) looking at houses on several different sites and I am seeing more converted garages than I would have thought. People turn...
Tom Mendez
Total Owed on Pre-Foreclosure
Have a home in arrears $84,000. A total Principal Balance of $378,000. Just want to make sure that I am adding these together to come up to amount currently owed. ?
Emerson Hazell
Bank FHA requiring 25% down
Hello,
So I have been planning on purchasing my first property ever. My plan has been to buy a duplex or a triplex, be an owner occupant in one of the units, and put 3.5% down. Thinking this is very common with many ...
Felix Wisniewski
What should I do with this Vacant List?
Hey BP.
So I have a list of 155 vacant properties that I found myself from "driving for dollars". I have already went to the city and got the home owners names for who owns them. Out of that 155 only 50 or so came b...