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Bought 4 MLS-listed houses last year. Flipped 3 for good profits and kept one as a rental. But I can't find any deals so far this year. And now I know why.
I put one of my rentals on the market to sell at ...
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I’m comping in a area in Detroit that doesn’t really have any fixer upper homes near the one I’m trying to wholesale, so what do I do to determine the ARV and determine my MAO? Do I just comp it with the other distres...
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I saw this multi family in my city for 450k where the market is supper hot (probably the ARV is 450k). Just by looking at the building itself, it looks like it will need a lot of work. If outside is bad inside must be...
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So tomorrow I am going to walk through a 14-unit all-brick MF property. I've done dozens and dozens of walk-throughs and have underwritten probably 250+ MF deals in my time, so I'm generally familiar with and have a g...
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How much is a good price for an 8 unit apartment?2 bedrooms and 1 bath for each unit?How much would each unit rent for?I know I'm leaving much details out but leaving an open ended topic.Thanks
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Hello everyone,I know for determining ARVs it depends on a variety of factors (area, neighborhood, condition, comps, etc) but from what you've noticed in your own personal deals and the final appraisal what are some t...
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Good morning BP!Background:I recently bought a property with an existing tenant. I received the tenant's security deposit at closing. However, I did not receive and the tenant does not have any paperwork showing the c...
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Hello BP,Just asking for some advice. I have a seller who Is wanting to sell 5 properties as a bundle. This five properties are all right next to each other and makes an "L" shape. What makes the deal a little more co...
I'm buying a home as primary residence. The projected closing date is 07/05, but the loan hasn't even gone through underwriter. I called bank several times, but they say they are still processing loans closing in June...
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Charles Village area. Multi-unit. How is the rental market there? I have been eyeing on a multi-unit property. Seems difficult to fill the vacant unit.How much is the rent for typical one bed room apartment, with ok c...