Ok so what if you find a property that was just renovated with new HVAC, floors, roof, gutters, kitchen, bathroom, etc.. to be like brand new? When I run the 50% rule with counting 10% for things like CapEx, repairs ...
There’s a term in business and investing known as a, “sunk cost.” When entering into a real estate acquisition, an example of a sunk cost could be money spent on inspections or on other due diligence, time spent in an...
This is neither a question, nor is it really an answer. But, rather, a rant that's been repeated here before. I'm just wanting to add my 2-cents. Got a lead on my website for a house in the area. Called the guy and he...
Hi guys,I’m just starting out on my property investing journey. I’ve been trying to learn as much as I can to work out what my investing strategy is going to be. I would like to buy and renovate properties for rentals...
I’ve been trying to get my wholesale business off the ground but I’m having major issues finding motivated seller leads . What’s the best way to advertise my services and generate leads that turn into deals ?
I came across a property that dropped out of contract this morning with highly motivated sellers. Inspections from the previous potential buyer came back, and there was moisture in the crawlspace and the floor joist n...
I am in the Madison, WI area and a new to real estate! Recently there was a foreclosure put on the market. From my unprofessional eye, the foundation looks respectable after walking the property. My question is, when ...
I'm about to close on my first multi family. Thinking about self managing. The deal is multiple houses on the same lot spanning multiple acres. Landscaping will be fun!Please your expectations prior to closing, then a...
We just got our inspection report back on our first turnkey rental. Here are the big ticket items on the report:Collapsed Main Sewer LineDamaged Sub Floor in a BathroomSistered Joists not securedElectrical system rais...
Any recommendations for reliable contractors that will work in Philadelphia will be much appreciated. We were burned by one contractor already, and at this point, reliability is more important than price point. The sc...