I've made several offers using the 75% ARV formula, less repairs and profit and get basically laughed at. Example, house I'm looking at needs roughly $30k in repairs to bring it up to date. Comps around it suggest an ...
Hello there BP land!
I purchased an adorable 1920s two bedroom home I am planning on buy/hold in for a while. When I walked the building inspector through he assured me the frame was strong and there was no knob and ...
Greetings,My neighbor has a narrow driveway next to my investment property that lies between our 2 houses.In these parts it's not uncommon for some of these driveways to be an easement that would allow neighboring hou...
I have two inherited, elderly tenants who complained that their toilet was leaking around the bottom of it. I went to investigate and found that the area around the base of toilet, in the front, was very dirty with wh...
Hi All,I am under contract on what would be 8th rental, but have run into something new. After going under contract, I had my usual inspection done, and then submitted formal repair requests to the seller. The respons...
Asking for a colleague...He has a 1981 manufactured home listed on owned land in Utah. The property has always been sold with owner financing so HUD tags and title elimination has never been a factor in the sale. Now ...
While studying for the RE license exam, I came across a question and I almost answered it wrong because I kinda read through the question without thinking.
Here it is for you, I thought it would be interesting to he...
Hey everyone!
I recently inherited a piece of property, single lot in a residential neighborhood, city water, not sure about sewage yet. It's the home I grew up in. Anyhow, the trailer/Frankenstein house built around...
So I'm very very green to investing and real estate in general. However, I am very handy and eager to learn. I am basically interested in house hacking with a duplex at first and then moving onto more multi family bui...
So I have a tenant that had the sewer backup and cause water to spill in multiple areas of the house. So the day it happened I called the insurance and they sent out a company to tear things that got infected out and ...