I'm about to buy a house in the Peachcrest community for 115k for a 2/1 at 975 sq/ft. The av comps are anywhere between 150/210k. Because I'm new to this, was wondering if I should fix and flip, or hold. And if anyon...
So I talked to my first lead today. Info I received;3bed 1.5 bath744 square feet - 1 acre of landBlock home built in 1938Minor repairs(I'll take pics upon viewing) but has all new windows and roof is 9 years old.Motiv...
I have a 3 bed 2 bath under contract in Abilene and the current debate is buy and hold or flip.Here are the deal details:
Purchase: 64,900
Repairs: 16,811
Holding Costs during Repair: 2,500
...
I'm in the Philadelphia area where the flip market is pretty crazy right now. I've noticed a lot of newly remodeled homes are selling for way over what the market comps are justifying. How is this happening?For exam...
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Hello,
This is for all those who have been involved and have owned other types of businesses (be them pizza shops, retail stores, franchises, subway, mcdonalds, etc). How do you compare the business of real estate w...
Wednesday (10/7) I'm going to make my first offer on property I found. An elderly man lives there and has been there 51 years. He's the original owner. I went through the house to estimate repairs. I really hope I'm e...
I have a property currently under contract but I wanted to get some advice from other investors out there who could weigh in on our situation. My parents are currently renting (paying $4500/ mo) and want to use the ho...
I'm looking to diversify my existing portfolio by adding Real Estate. I'm considering between actual property or investing into a REIT. I would be interested in both commercial OR residential but in the attached valua...
Happy Day Ladies and Gents! I hope you're enjoying another day in paradise! We're still hovering a little over a month of inventory here in San Antonio, TX. Total sales are up YOY and active listings are WAYYYYYY down...