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...
Alaina Lindquist
How long are your tenants staying?
How Long Does a Tenant Stay?(Or, more Importantly, what factors influence how long a tenant will stay in your property?)Well to start with, if you are wondering this, you are not alone. Really, this the core question ...
Phillip S.
Made BIG mistake with auction purchase - beware of scams
Fellow investors,I expect this topic has been discussed ad nauseam on here but I thought I would share my tale of woe anyway to help others avoid making the same mistakes I did. In August of last year I came across a...
Andrew O.
Tenant in place, well below market rent. Options?
Hi all,
I need the brains trust together on this one. I am looking at a rental. The owner who inherited the house awhile back wasn't quite sure what to do, so she leased it at $500 a month, market is $1400-1500 a mo...
Jake Diamond
Buying Low income properties ?
I have an opportunity to purchase 2 properties (One 3 unit & 1 two unit) both full rented in a low income area. Houses are side by side to each other. The owner is willing to owner finance at $90,000 for both with...
Justin Eaton
Successful Flip Details w/Photos and Numbers ($95k reno)
Hello BP World! I've recently completed my biggest project yet which included a renovation cost of approximately $95,000, multiple offers, a quick sale to a military couple, and a happy closing! :) Buying the property...
Scott Choppin
The Real Estate Development Business - ask/say anything
Hi Everyone: I was thinking to open up a space for an "anything goes" thread, where the topic is real estate development and development deal making. It could be anything: questions, war stories, best deal, worst deal...
Kristen Buckley
Painting kitchen cabinets
I just found you guys, what a great community!I've been running a successful cabinet painting business in Raleigh, NC for the past 5 years or so and have seen varied advice and suggestions about how, when and when not...