Tracey Williams
Help me analysis this deal
I found an apartment complex that is been foreclosed on. The last owner paid $3M for it a few years back.
- 100 units that is 60% occupied
The current rent is $520/units. The asking price is $1.3M but because am goin...
Kevin Hofstee
Impact of new vinyl siding vs. painting existing on ARV
Hi All - in the process of rehabbing a property that I will plan to cash out refi once done. I've got an option to scrape & paint the current siding for $6K (I believe it's wood), vs. do new vinyl siding for abou...
Merry Briotta
Paid Rental Sites
Has anyone used paid sites to advertise your rentals? We have a SFR in the Cincinnati/Lebanon area, that we are currently trying to rent. We've used our normal advertising (Facebook, postlets, Craigslist) but so far, ...
Andrea Washington
Could be your first property
Can you say "NEWBY?" My husband and I acquired a distressed, abandoned and tax liened home in The great City of Chicago. We were going to try to rehabbed it and sell however we live in Ok and time just kept passing a...
Jaden Fein
REI in Local or Distant Markets
Hey everyone!Does anyone have any opinion towards your first property being local to you or distant(other cities/states)?Besides having to account for a property management company, are there any other major factors t...
Jennifer-Lee Fox
Hello from Upstate New York, a hidden paradise
Good day. My name is Jennifer and I live on Upstate New York in a village of 450 people adjacent to a town of 2000. People are moving to this area in droves and there is very little real estate for sale. More on that ...
Larry Moore
Rehabbing in Winter
I am new to rehabbing and wondering what more experienced rehabbers do when faced with winter conditions and a slower market through the snowy season. In the past when I was strictly flipping properties that I had un...
Alfredo O.
Helping Friends get started
So I have a friend who wants to get into the flipping business as well. I don't mind helping, but I am trying to think of a good and fair way to move forward with a property. Suggestions?I don't believe he has the c...
Chris Holland
Opening an Airbnb close to the beach with a prefab
I’ve spoke with a few prefab manufactures in several states to get a good idea of how they can deal with harsh weather if we decide to drop it on some land in the panhandle. The next step is making some calls to vacan...
Ed O.
Vacation Property Rental Analysis
I'm helping a friend that's looking into buying a vacation rental in a ski resort area. I have read a bit, but still have a bunch of questions.
1. Is there a general average for the management fees, and what does th...