Eseta Matasau
How does ARV work?
I know when wholesaling a house that needs work done, you need to know what repairs need to be done, the cost of the project, & what the ARV will be. From there you can also calculate your MAO off of the ARV. But ...
Timothy Gleason
Getting Started in Pensacola, FL
I'm a career military officer, just moved (back to) Pensacola, FL. I'm looking to get started (again) with REI, and I'm targeting waterfront/canal-front properties that need a little TLC.
Some back-story: I always ...
Melissa Horwath
CA Investor looking to buy MF in Atlanta - looking for my team
Hi all,Not sure if there are any real estate agents here who have worked specifically with out-of-state investors?I have been researching areas and am looking to the great city of Atlanta for an 8 unit (or 2 4-plexes)...
Eric F.
Doublewides in parks?
I have a lead on a doublewide in a nice park. The home is a 1996 doublewide and after a few repairs it would cost 18k (about). I have a singlewide rental in this park at $775 and sold a 2/2 for 10k last year. Lot rent...
Sarah Msuya
Actual Cash Value v. Functional Replacement Cost Insurance?
Hello everyone,
I am under contract on my first long term buy and hold rental. It is a 4BD/1.5BR SFH in Auburn Maine. I am paying $113,000 and will be replacing the roof on it this spring. Everything is currently fu...
Angelo Wong
Bartlett/Memphis Turnkey Analysis (38134)
Hi,Currently analyzing a 4/2 in the Bartlett area. It is in the neighborhood of Blackwell/Yates St. and the Zillow estimates the surrounding houses are around 115-125K for that kind of property. The county assessor ...
Zach B.
Advice on Managing Your Property Manager
Hi All,I have had this property manager on a new property for the past 5 months, and since the beginning, I've suspected that I am getting charged well over market prices for repairs. The units were not in great shape...
Daniel Paul Goodman
Shipping container Airbnb
I have a welding company in Gwinnett Georgia and would like to move into the short term rental market. I am trying to make a shipping container cabin as a model unit. My main focus is single 40ft high cube unit. A tra...
Lisa D.
Water damage-Tenant did not report leaking dishwasher
I am so upset that I could cry. My tenant notified me a couple weeks ago that "in the past week the dishwasher has been leaking". She forwarded pictures to me showing that the pantry next to it has water damage so s...
Chris Fayling
what should I expect to pay for insurance for single family
hello bp I hope everyone is having a great day. I have a single family 2 bed 1 bath that a wholesaler has brought to me. It meets the 1% rule at about 1.5%. All the other numbers are working in the calculators, ...