I am looking for some creative ways to make the following pitch to a seller. Here are the numbers.
ARV 205000.
Repairs est. 20000
asking 145000
My strategy is to rehab and retail.
Now in my calculations the follow...
I'm curious what other members are thinking of the recent sub-prime debacle ( New Century etc..). It's inevitable that there are going to be some lending constraints, it actually already seems like it has begun.. Thi...
Just purchased a completely vacant 3 story, 23K sq foot retail/office building on the edge of a decent downtown area in a medium sized city.
We are going to rehab the whole thing but still undecided about an elevator...
I have a 90 year old house and am removing a large Murphy bed that is attached to the plaster wall. Toward the ceiling, these screws are securing the bed frame to the wall. The head of them is perfectly round, so I...
We are currently evaluating REI opportunities. AFAIK, you need to put 20% down unless you are using house hack. I am curious to learn any other approaches you used to purchase your buy and hold rental and how did find...
I own a fourplex out of state and during a brief chat with tenant about how things are they mentioned everything is okay but he briefly mentioned to me when winds were blowing at around 50 Mph his topmost unit was fee...
Hey everyone,
My names Chris, Im 19, and am very interested in REI, Im trying to learn as much as I can about the subject by reading books talking to poeple who know, and mostly reading this forum. I just got a cred...
So I've been reading all sorts of books and listening to podcasts and watching youtube videos on REI. Lots of these "GURU" types are preaching REI without using a penny of your own money. Is this a reality? Any hard m...
Feb 20, 2009: Two questions one in, one out:
Security door: the men who installed my security bars yesterday (Thurs) also removed, painted, and reinstalled the (Home Depot) security doors. I say HD because they are r...
Hey all, I really need some advice on my first deal. I'm under contract on an 8-unit condo town-home building (all 3/2s) that would be my first deal. It's a 2007 build in the Tampa, FL area that I found off-market and...