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Investment Info:
Single-family residence other investment.
Last year I added this residential home in Bucks County, PA to my property management portfolio. I am currently looking for new software tools to he...
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Asbestos!! We are trying to figure out what to do with our rental property we are fixing up. It has flooring that we are pretty sure had absestos. My husband is handy. Should he remove? With a mask and be very careful...
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Hey everyone, I just have a question about mortgage pre-approval. Any thoughts or ideas on what to do if you do not get pre-approved for a mortgage? A few years back I tried to join a group called “rock star inner cir...
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What formula are rehabbers using to evaluate a deal? Are you using the standard 70% of ARV- repairs-10% for unknowns- wholesale fee?
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I searched a bit and could not find the answer to this. Is the 100hrs goal for materially participating per property or per portfolio? Thanks
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I'm in Massachusetts where things aren't cheap. I can't imagine ever getting close to the 2% rule on an acquisition. Maybe I've got it wrong:
Total monthly income from the property / 2% = purchase price. ??
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View report*This link comes directly from our calculators, based on information input by the member who posted._______Hey there! I'm testing this new calculator feature!It's great to be able to analyze deals, but not ...
Have you bought at auction before? Have you researched the property for liens? I have not. I understand I only want propertys with a single lien, so I do not end up paying someone elses debt. Simple enough. I hav...
Material Participation Activities:
Property Maintenance: Engage in repairs or construction work on the property to maintain or enhance its condition.
Contractor Management: Oversee the hiring and coordination of con...
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Hello! I'm am starting to look at houses and have some questions on the rehab costs. Does anyone in the Olympia area have any recommendations for contractors? Are there any ball park estimates for rehabs you guys use?...