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Hi BP Fam, I have been doing some market research and I have narrowed my potential markets down to the following five markets; DETROIT, MI,AKRON, OH, CLEVELAND, OH, MEMPHIS, TN, and MILWAUKEE, WI. I have chosen these ...
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Heres the deal. I got a 3 family that already has condo docs in place. All 3 units are immaculate! All the buyer has to do is close and relist right away. No rehab! The multi is going for 649,000.00 to him. He will...
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Hello,I recently received an appraisal that was satisfactory to the lender (85k home price v 88k appraisal price). There are some expected repairs to satisfy the FHA loan criteria.We are in good shape to finish this o...
How do I figure out a final sales price, after rehab, in an area with little to no comps? Would I find other ranches in the area and figure it out using price per sq/ft?I’m trying to use the sales price to figure out ...
Hello
I'm 55 years old and bought 5 condos in the downturn. I live in the expensive Baltimore/DC area so thought they'd be a wise investment. I actually got them in great areas and for decent prices. So, o...
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HelloMy husband & I are in negotiations and need some help deciding if this property is worth the money at this point. We learned that there are several things in need of maintenance that we were previously not aw...
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I am a beginner who tries to start a real estate investment. After I read several books about real estate. When I was searching what is the best way to invest, the first thing which caught my interest was BRRRR invest...
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I'm interested in investing for high cash flow (getting 20% cash on cash return and up).Unfortunately this leads me to less than desirable areas. In my case the areas seem relatively safe (C neighborhood, low crime- ...
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Hey guys.I have been listening to the podcast for awhile now and alot of the investors who speak about the BRRR strategy find private or hard money and buy the property, reno, and refinance at the new appraised value....
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I have a question about the 2 percent rule. This rule seems good but a little unrealistic. I'm sure this is possible in some parts of the country but here in southern Utah that seems a bit high. Does anyone have prope...