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I recently stumbled upon something a contractor said on Facebook. He was stating to find the potential repair cost you must multiple the square foot by 10, 20, or 30 ($10 sq ft for a basic facelift, $20 sq ft for a mo...
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Hey! So I just closed on my first rental property and have it posted on Zillow, it is in a desirable area and I priced it competitively when directly comparing it to other listings. It has been listed on Zillow for 4 ...
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New investor here and I’m looking to pull the trigger on a flip however I’m having a hard time picking the right amount to spend on a purchase and rehab because I don’t have an idea of what a full gut should cost. Mar...
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This post is a simple rundown of our thought process for evaluating opportunities. I will describe the rules we apply; explain why they are important and how we apply them. It is important to note that these rules h...
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Hello, I currently have a portfolio of 7 properties (mixed SFHs, duplex, triplex, quad), owned free and clear, each held by separate LLCs (formed Jan 2016). The problem I am running into is that most of the tradition...
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I'm under contract to purchase a SFH 3/2 in Milwaukee in the 53215 zipcode. It's a nice property in a decent area with shopping, and transportation nearby. I've had 6 interested parties reaching out to rent after a re...
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I thought I would take a chance in posting this here because I know there are some bright minds who may be able to help. Let me clear, I am not asking for anything more than mere advise. I am a 54 year old(young) man ...
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I was hoping for some feedback on this idea. I currently rent out a condo I own which cash flows roughly $450 a month. I like the cash flow but don't need it. I bought it in 2013 with a 30 year fixed at 3.66% (owner o...
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Recently, we did quite well on a business deal and found ourselves with quite a bit of cash to invest, particularly in real estate. We have chosen to target 5-6 bedroom homes in Kissimmee, FL due to the excellent shor...
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I have a challenge with my current realtor. My flip property has been on market for 70 days. Since it’s listing it’s drawn 2 site views, over 400 views online. At what point should I consider switching brokers to take...