We ran across this deal on MLS. It originally listed for $120,000. I didn't think much of it at first because we weren't sure we were ready to purchase our first deal. A couple of months later, the price was dropped t...
When it comes to painting on your new construction, which do you think works best?1. Spray before installing flooring, cabinets, etc. 2. Install flooring and cabinets, cover and then paint.We've done both ways, but I...
This is my first flip and I think it turned out great, the problem is I can get it to sell. I have done "for sale by owner" and now with an agent. Had a bunch of showings when I started with the agent but it has ...
Thought this would be fun to expose some of the financials and situations of my current rental.I purchased a duplex in Gloucester City, NJ in July 2018; I've had it now for over a year.Here are the initial numbers:Pur...
How can a newbie do this without hiring estimators each time, and making the process cost prohibitive?
Hello! My name is Jennifer Clancy and this is my newbie story. My husband and I became accidental landlords in August 2013, we had the opportunity to live in Australia and we took it. We did not want to pay a mortg...
Hey everyone! I desperately need some help!! Last September my husband, my brother-in-law, and myself partnered and bought a our first flip project. We bought the property for 122,0000. After a complete rehab, two con...
When calculating an ERC (estimated repair costs) for a given subject property should the wholesaler provide an ERC for both Retail Flip AND rental? Or just one?
It seems to me giving them just retail flip ERC would ...
Educate me on this please. I’m newish to investing (3 properties over 3 years), and I live in one of my units. It’s going to be a perfect rental someday. It’s a 1/1 and about 650sqft. I can tell that whoever built it,...