Derek Daun
How much umbrella coverage?
I'm in escrow on a duplex, and plan on increasing my umbrella coverage. The question is how much do I increase it to? After adding the duplex my total portfolio will be:
1 duplex3 SFHPrimary Residence house hack (whi...
Account Closed
Making a Forcosure Offer
So after looking at the market in Houston for the past few months, I'm noticing a couple things.
First, there are many many foreclosure homes in Houston listed well below ARV.
Second, the offers are all turned in to...
Mike F.
I have a wholesaling question
hey guys and gals,
I have a question regarding a wholesaling situation I may partake in.
I found a family that was looking for a property in a specific area with a specific number of beds and baths (we...
William Bennett
Sale for county taxes price.
Hello everyone,
Looking to make my first purchase and the owner is selling the home As Is for 23,000$ (the price they are being taxed on) the home doesn’t seem nearly worth that much as I may have to demo it. The ta...
Lorene Fleming
Evaluating an empty multifamily
I understand the concept of making an offer on a mf based on NOI and expenses and the cap rate; however, in the event of an REO mf that will be empty - if not @ coe than not that long after - but still non performing....
Mike Clark
Land purchase and solar farm
Hi. I’m trying to figure a fair value of this parcel of land…92 acres in southwest Pennsylvania. Partially cleared farmland. Partially wooded. Next to electric power substation. There is already several offers from so...
Dan Creed
Full Gut Remodel Costs
Recently acquired a single family property through a death in the family. 2000sqft property needs a full gut and plans to turn into a 2 family. No debt on the property. Estimates are bout 400k for full gut remodel (hv...
Scott White
Correcting square footage discrepancy between listing sites?
On my first rental property from a couple years back in San Antonio, I believed I was buying a 1250sf house, based on the Trulia listing. It was a rushed close, and I didn't receive the appraisal until afterward, when...
Dan C.
Getting a positive return on your renovations
So I understand that we typically make our profit when we purchase the property. However, we obviously renovate the property to make it more attractive, thus, more potential buyers. I have been researching which ren...
Markeilsha R.
Negotiating the forgiveness of a 2nd mortgage (non foreclosure)
Hello,I'm working a sub2 deal in PA where the owners are eager to move and willing to sell the property for what they owe. The property is in excellent condition (only 9yrs old), they just would like to get it off th...