Hello! My husband and I are out of state investors in the Kansas City, MO. area. We were just there and put in an offer on a duplex in the Waldo area. The offer was accepted, we're ordering inspections and engineers r...
Some questions for those with a few development projects under the belt and a good grasp of the "financial engineering".
Let's assume the following numbers for a multi-unit suburban residential project:
Newbuild sal...
Greetings BP gang!I only discovered SD-IRAs recently and I'm trying to get smart on their potential. My wife and I each have about $57K in our respective Roth IRAs. We're interested in pulling all these funds and usin...
3 deals at once. Long story short, I am closing on three separate properties from three separate sellers. One is commercial (next to a commercial office space that I currently own), another will be my very first short...
Hi, I have a few basic questions about closing from the wholesaler's vantage point. Any answers will help me a lot, thanks!1. How is a closing date settled? Where do the parties meet?2. What papers are to be signed by...
Is it reasonable for a person to sell a property in less than 45 days with no improvements for 30K more than acquisition? Purchased property at 155K cash, selling for 185K. It is a familial transaction to a close fami...
Hey Everyone,My name is Isaac Johnson. I'm a local real estate investor and agent. Recently I was helping a client find property in NWA and every single house we looked at was an AirBNB that had been bought less than ...
The house we are buying has an honest-to-God 1950s backyard bomb shelter! Trying to figure out how to advertise this special feature when we go to sell. I don't want to promote TEOTWAWKI (the end of the world as we ...
Hey BP I need some advice I purchased a home in 2018 in Philadelphia Pa that I am currently fixing up to rent out. When I first purchased the home I attempted to put insurance on the property but the agent came back s...
Would you pay an appraised amount for a duplex as long as your making 1000 a month profit?Someone told me they would not pay 200 plus on a duplex because there is no wiggle room. It would be hard to get rid of the pro...