Mike Wallace
Just picked up a Condo for $14k
700 sqft 2 bed 1 bath, full unfinished basement.
Needs new water heater, furnace, central out unit, new carpet.
Everything else seems to be in great condition.
Under 4k in updates to get it rent r...
Willis Seng
Estimating renovation costs
Ok, well... Ive never flipped a house before, I have no idea what supplies and materials cost, and I dont know what's a good price for a decent contractor. How do you guys figure out this cost on your first flip?
Marcus Kennedy
First Call from probate mailings! Help!
So I just received a call from a lady who has received one of my probate letters. She left a voicemail and I called her back when I was avaialble. She said she was not the executor but the daughter of the deceased and...
Erin N.
Rehabbing for a million dollar sale
I bought a foreclosure in a million dollar neighborhood. I live there and rent out the guest apartments and part of the main house. In the next few months, we're going to start the process of renovating the place so...
Joshua Dorkin
Time to Close the BP Bulk REO Forum?
Unicorns, Sasquatch, Centaurs, Bulk REO Deals . . . they all seem to be mythical creatures.
I've started this discussion because I'm pretty convinced that we will be terminating the BP Bulk REO forum and will require...
Mike Harding
Short Term Vacation Rental Virgin
I have been flipping for 7 years and done 60+ homes but this will be my first Vacation Rental. I am pretty busy between family and work as it is but I am mostly curious about the pros and cons of self managing vs ful...
Thomas Baylor
First rental property investment
Hello to all my BiggerPockets fam. So I think I’ve come across a pretty good deal. I was hoping to get some insight from my BiggerPockets family. This property is a duplex in Portsmouth, VA. Asking price is $90,000 BU...
Peter Austin
Condo Rental - $0 Cash Flow - Appreciation Play
Hello All,First time poster, just getting into RE investing. Wanted to pose a scenario to get your thoughts if you don’t mind. Thanks for reading.SHORT STORY: Bought a 2 bed/2 bath condo 5 years ago. Looking to rent o...
Muoki Musau
Driving for Dollars in High-Priced Virginia
I live in Loudoun County in Northern VA, avg price point is ~500k for a SFH and I am starting to drive for dollars.Just curious for those that do/have done this:- how do you approach this practice in areas where there...
Tandi H.
Rate quote today : 5.125% for 30 year
What do you think of this rate? I'm wanted to jump on locking in a lender in case rates go up at the Fed meeting next week....Property info: Duplex, $155k, 25% downRate quote: 30 yr fixed, 5.125% (no points), $1339...