Hey guys! I have been watching so many different investors predict what is going to happen after this COVID-19 crisis. A lot of people think there will be a lot of foreclosures, A lot of people think people will want ...
I found an elderly man who says he needs to sell his property for cash to pay his mother's mortgages. The after repaired value (ARV) is 53,000. And 70 perecnt of that is 37,100. I think it might need 5K or 6K repairs....
Home is listed at 84,900, 3/2/2 (1450 sf built in 1974) with rent expected of about $1,150. It was stated that it would need a full rehab. Turns out it was a 2/2/2 it it needs everything!!! 2/2/2 homes that are com...
When practicing doing a Property Analysis, I continue to get jammed up on estimating the rehab budget. These are properties that I obviously haven't been inside, and I have a very limited understanding of the costs of...
I'm going through the process of analyzing properties to see if they'll get a good CoCROI. Most of the properties I'm looking at are in relatively good condition (i.e. NOT fixer-uppers or foreclosures). When you guys ...
How do I approach contractors for rehab estimates when my exit strategy is to wholesale the property?
I'm looking at a 3/2/2 SFR in Kingwood, TX (near Village Springs Drive), I plan to put in quite a bit into the rehab and after-repair-cost would be around $126k (I'm using hard-money lender funds with a plan to refina...
Hello everyone. I am looking at a distressed property and really interested in buying it. As a newbie I am having hard time estimating the rehab costs anywhere close. Reaching out to BP members to see if they have any...
I am looking into buying a house that has a flooded crawlspace. It is a good price, so I'm trying to find out how much it would cost to fix it. I have never done anything like it and I don't even know what trade to ca...
Hello everyone,The homeowners really want out of the house but the liens exceeded their estimates and shot past my MAO. Liens:17k for automobile (co signed for stepson, haven't seem him or the vehicle in years) 20k in...