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Hey all, thanks in advance for your generous contributions to my knowledge by answering my questions.I am a looking to make my first out-of-state turnkey rental property investment and I'd like to hear about your warn...
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Question regarding the Perfect BRRRR Deal. Just going through the ARV/FMV research. Of course the perfect BRRRR deal is to recoup all your money invested. Down payment + rehab costs + holding, etc. In the market I’m l...
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All,I have a property under contract that needs to be completely gutted. The estimated cost to repair this 4-Unit is $120,000.The purchase price is $16,000.00. They are all 1 BRs in a C area. Monthly rents for the ...
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Hey everyone - first time poster here and new to the site. I own property in the D.C. area (Alexandria, VA) that I’m renting out. I’m currently living in Charleston, SC and looking to buy property that I will potentia...
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Hello everyone!I need some suggestions on handling a property manager dishonest practices and embezzlement. After a detail review of last year's statements issued by the property management agency in control of my 8 ...
I just completed my first flip in Queens New York. It took me 16 months from the minute i close as a buyer to the minute i had close as a seller. Here are the numbers.Purchase Price- $330KClosing Cost as buyer-$1KReno...
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Got myself into a sticky situation as the junior lien holder. All the below numbers are for easy calculation purposes.I hold a junior lien of $18k to a property in Arizona City, Arizona. The property was sold at $300k...
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Hi Everyone!
I'm looking to complete an application for traditional bank lending this Saturday so I can start putting a deal together on some of the researched investment properties I've found. I hear about all these ...
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First, let me start off by saying my spelling and grammar are terrible I repeated English 101 twice in college so don't judge me on that. A little over two years ago my wife and I decided that we wanted to purchase an...
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Out of State investor is being sued by the city of Chicago for $ 860,000 in fines. $ 7000/Day fines. This is pure harassment by the city of Chicago but it true. I have copied his entire email to me just as a cautionar...