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Got an opportunity to purchase a home as a buy and hold in what I think is called the "phoenix" area north of Everbank Field in Jax.Any recommendations on excellent PMs for homes in that area. Or can anyone share the...
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I was informed about a property that is bank owned and has been on the property for 90 days. The person I know was shown the property (3 bedroom 2.5 bath) by a real estate agent. I'd like to look into the property t...
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I’m looking to wholesale a property but the purchase agreement sent by the seller has States this “LICENSURE: The Principle of the Buyer's entity does hold a real estate license.” Does this mean the property can’t be ...
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What is the formula for percentage rate of ARV. I've heard the standard is 70%. But then I hear that rate may have to be adjusted. And please give example. Thanks
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I am looking everybody's $0.02 for the definition of ARV.
When the typical investor is talking ARV (As Repaired Value)are they talking "Repaired" as in:
A) repaired to average condition for the comparab...
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Hello All,
I have recently come across a Seller whom is allowing her property to go to Foreclosure, due to the stress. I would love to help this person out; however, I feel this deal is above my knowledge level. B...
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Hey guys,
do you put away (save) a certain amount of rent income for future repairs? If yes, how much? Do you have a separate business savings account for that?
Thank you,
Edita
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I am in process of purchasing a turnkey property (built 1969, 3 bed/2 bath for $139k.) The inspection report came back with some minor findings. There is a structural finding: "Unusual settling cracks and significant...
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I need to repair the flooring in one of my apartments, who generally pays for the furniture to be moved? They have some very heavy bookshelves and China cabinet in the room that needs repair. Is that generally conside...
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Newbie here - I see a big house on Zillow listed 25k below assessed value and wonder "what am I missing?" it is on the edge of rougher neighborhood but it seems like a steep discount. If someone bought this home could...