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I just started using the BRRR method. I bought a side by side that needed a little work. I was not as familiar then with the idea of BRRing it. However, the bathrooms were outdated. Thus I will cash out refi after ...
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It's a 3 bedroom, 2 bath, 1105 sf house in a B neighborhood.
Purchase price: $322k (Originally, my partner wanted to flip it with me, but I persuaded him to sell it to me. He earned quick money as a wholesaler, and I...
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This is just a brief post to give some insight into the local maintenance costs in the Metro Detroit area. Maintenance costs are a huge factor in the profitability, or not of any investment property. A little backgr...
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Over the past 30 years I thought I had heard just about every dumb thing possible, but in the last month I heard some truly idiotic things. I foreclosed on (actually scared my buyer into deeding back to me) a house in...
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Starting to wholesale, but having an issue coming up with a rehab cost. What’s a formula y’all have to get realistic rehab cost?
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I had new tenants move in a few weeks ago and they just sent over a list of “maintenance issues”One of the items is a crack in the front window. I am aware the window is cracked (it has been like that for years and wa...
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the licensed electrician i hired to do a short list of repairs to my rental didn’t finish work he agreed to do and left me with a mess of trash even though i asked him not to put anything in the trash receptacle outsi...
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Hi guys,I am trying to find out if this property makes a good wholesale prospect. I am not local to Jax so I wont even think in rehabbing it myself.I totally understand that to move forward I need a MUCH better estima...
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It seems there are about a dozen or so costly repair items that can be traced back to a certain time period in construction history. For example, asbestos, knob and tube wiring, aluminum wiring, lead paint, etc.Can an...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $260,000
Cash invested: $30,000
My boyfriend and I purchased an outdated but completely functional and safe single ...