Justin Miest
To save up to buy first property or pay off debt first?
Hello everyone,I've been spending the last 2 Months or so listening to as many BP podcasts as possible and reading recommended real estate books. There is a lot of information to take in so I just wanted to get some i...
Jason Merchey
Level of Finish Out on a Fix and Hold?
I have been participating as the capital partner is a major renovation (90% new) in historic Charleston. The area is likely to appreciate, and so even though I can make $25,000 if I flip it in a month, I am also in...
Jack Henry
So what all really goes into rehabbing a water damaged house???
Hi All - So I have two rental houses in Houston. My property manager called yesterday and told me that two of my houses were under water. One had about 18" of water in it and the other had 48" in it. My insurance agen...
Noah Farley
I’m 21 and need some advice !
Hey guys I’m 21 yrs old and my feet are burning to get into real estate . I am in the middle of training to be a helicopter pilot , the cash I have saved up could get me in a duplex (house hacking ) or I could finish ...
Mario Casarez
$170K for a full gut rehab in So Cal. Is it reasonable?
I recently had a contractor come out to a property in Whittier, CA (1640 sq ft home on a 6400 sq ft lot) that needs a complete gut rehab and below is the soft quote he gave me and everything he'll cover for $170K. No...
Michael Noto
2-Family in Bristol, CT Deal Diary
Hello everyone. Based on the feedback we received in another deal diary, which you can find here, @Bill Labrecque and I decided to chronicle a 2-family rehab we are currently doing in Bristol, Connecticut.Here are the...
Mindy Jensen
HOA trying to limit interior decor. Can they do this?
In one of my groups, a condo owner has received a notice from the HOA board:"Unit owners shall be responsible for painting their limited common elements (earlier defined to include interior walls, wallpaper, and floor...
Andres Manco
Our first flip 3/2 single house, need guidance
Me and my wife just found this house, which we are thinking of buying with a conventional loan with 5% down.
Cost: $238000
ARV aprox: ...
Bill Kenny
need a ballpark rehab cost to determine if its a "buy"
I have the opportunity to purchase a 2 bed 1.5 bath home with a good bit of work needed.. need to determine the offer price.
ARV will be around 75k to 80k
needs:
1.outside drainage issues repaired...
Robert Mayfield
Low Appraisal
I'm looking for some advice on an appraisal dilemma. I recently purchased a home through a hud auction. The house was in need of some repairs and TLC and was listed well below market value for the area. It needed l...