So there's a 10plex that is 30% occupied and in need of extensive work. The owner wants 450k with only 65K down. There are estimates that the scope of work will be around 100k. A local bank is willing to finance th...
In almost all cases,I usually offer between 20-30% off from the asking price...if it's not that much discounted, I would not consider it a good deal. I always think about something i read here:" the money is made when...
I'm considering e-mailing this to my new tenants. Any thoughts or reasons why I shouldn't? Thanks!"As I am preparing the lease I recalled Chris mentioning you plan to live in the home for longer than the 15 month leas...
Good afternoon Bigger Pockets forum! I am a new investor and this is my first post to the forums here!! I am currently facing an issue that I would like to get experienced investors opinion on to see if my thoughts ar...
My partner and I have found a deal that we would like to pursue. We are going to be pitching the property to some private investors. My question is what should we offer as the return rate on their investment? We are f...
When you plan on wholesaling a property when should you offer a price to the seller?Should I get the extra info from them about house layout, rooms, bathrooms, possible maintenance etc. on a phone call, and then find ...
I’m a little confused on what exactly I’m offering the seller and the buyer (investor). If this is a deal with a MAO of $147,000, and I end up getting the contract signed at the MAO...ARV = 260k-GIP = -78k-RCE = -30k...
I'm currently looking to purchase a home with a desperate seller. I've watched the home for a little over 5 months now and its yet to be sold. it's one of the cheaper houses in a neighborhood that averages around $180...
Hello everyone! Currently doing reporting on my portfolio, and I see we've spent $1800 on pest control YTD over 5 different doors. My question to the community is, should I continue to offer complimentary pest contr...
Hi allI am interested in putting an offer on a property. The house is a 2 family house. looking at comparable houses in the area it should be worth 850k after repairs.The problem is the interior of the house is a nigh...