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My wife, the listing agent on my properties, got a call this past Saturday from a lady that was interested in one of our properties. Apparently she saw the property listed online and immediately drove out to look at ...
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Hello, this is my first post. I am a total newb to the REI game. I'm seeking some sort of opinion on a potential investment property. I realize this is the internet and any advice is to be taken with a grain of sal...
So i came across a bank owned property in in an exclusive country club. There seems like there could be a way to make money on this and not sure if it's justified. So I humbly seek your opinions, and advice as I am...
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If I have a property with an AVR of $75k will the 70% rule work? Or do I have to adjust the %age?
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Hi Everyone. I'm new here.
Scenario:
Unexpected landlord with under water property and negative cash flow. Cant refi. It will be short if I sell and negatively impact my credit (and owe taxes since its a rental). I'm...
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I got a house under contract for 70k. Just needs paint and cleaning I have budgeted around 2k. Minor bathroom and kitchen updates and appliances around 2.5k.
ARV is $95,000.
Here's the kicker, the seller had it li...
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Hello BP,
I ran across a potential flipping opportunity and I wanted to run the numbers by everyone to see if I should pursue.
List Price: $70K
Purchase Cost: $5K
Construction: $70K*
S...
Hi BP community,
I need your help with my first potential deal.
How much should I offer to purchase the following two properties? Since both prop...
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Guys,
I have been watching a particular home in my neighborhood for months now. This home has been on and off the market for about a year now (and sits vacant). I just so happen to drive by the home yesterday...
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My home inspector told me the cracks on the wall might be due to some foundation issues. Before i call a foundation engineer i would like to get some some suggestions about whether or not this is a foundation issue. A...