I have a deal at 48% of market value in Newnan, Ga. I'm asking for $36,000 and its worth $75,000 the numbers speak for themselves, yet I don't have a buyer interested in the property. Someone please help why hasn't it...
Hello Everyone,I have a few questions on renovations and long-term profitability.Do you have a base line on what you should spend on renovations?How do you develop your budget?Do you under or over estimate your renova...
Hey Bigger Pockets community! I'm a real estate agent and investor and exploring different strategies. I'm curious to know: What key factors do you prioritize when analyzing a potential real estate investment deal? An...
So I've been doing a little bit of analyzing deals and have found a couple of houses that would make sense to take a closer look at. The homes are in need of some repair work and I've set a budget for it accordingly. ...
I have a question regarding property managers. Is it abnormal for them to do a 2-minute analysis of whether they're willing to manage a property and give an estimated rent potential when shot an address?I'm dealing w...
Hi I'm looking to rent to traveling healthcare workers but I don't know where to start as far as where the house should be located. I was thinking of course near a hospital and/clinic. Does any one have experience wit...
Asking Price: $319,000
Potential Purchase Price: $277,000
After Repair Value: $365,000
Repaire Value: $5,000
Equity/Spread: $83,000
Assignment Fee: $5,000
Do any of you have the bank take out escrow for property taxes and insurance or do you all cut checks for that directly?
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $274,900
Cash invested: $66,511
Sale price: $400,000
Estimated a lot more on repair cost than actual cost. It's...
Hey guys. I've been analyzing some deals in Memphis that appear to be over the 1% rule but do not appear to cash flow? I just wanted to make sure I'm doing this right or if I'm overestimating some things here. ARV of ...