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Is now a bad time to try to start wholesaling houses? I would think it would be hard to get a seller to sell their house before or during the holiday season regardless of how motivated they were. Also would REO's be...
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I am looking to begin an initial flip property, and as its early August I wonder if I should wait and make the purchase this winter to be put on the market in early spring.
In talking to local rehabbers I've heard s...
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Hello!If this property ends up working out, the owner currently has some relatives that are living in one of the units. They do not have a lease, and because of that, I'm not really sure how to handle them once we clo...
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Hey BP STR hosts! Do y'all decorate at your STR for the holidays? If yes, why? If no, why not? I'm the type to not put any energy into extra work into the STR unless there's a clear ROI so if y'all have any guest test...
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Is anyone having trouble filling vacancies in Memphis right now? I have a 3bd/2ba south of Germantown and west of Collierville. Brand new house, rent is set at $1495, market value is $192k. I'm having trouble getting ...
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Hello, BP! For those of you who flip in cold weather areas, I'm wondering if you strategize around the winter months.It's been my experience when buying/selling primary residences that the winter months tend to have ...
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The Super Bowl is coming in February! Arizona is always great for rentals during the Fall, Winter and Spring Months. We get fall breakers, holiday visitors getting out of the snow, and spring training/spring breaker...
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I'm mulling over the concept of waiting till winter months, January - February specifically to start putting offers on 2 unit MFH's. My questions are:
1) Since this isn't during busy season of tenant turnover, lots ...
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I am looking at buying a flip using a conventional mortgage on the property and paying for rehab out of pocket. The basic numbers are:Sale Price: 230kRehab Cost: 65kARV: 400kTotal Cash in before holding costs: 77kHold...
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Hi all, I haven't properly introduced myself, I'm newish to BP. I already started posting without an intro, how impolite!!I'm looking to add a buy and hold multi family property within a one hour drive of Boston so I ...