Jordan Thompson
Off market pre foreclosure - ok for first rental property?
I got a lead 3 days ago through a family member that a customer of theirs is looking to sell a property off-market, but it's a pre foreclosure. I've been heavily analyzing for the past month in Hickory, NC but this o...
Joshua D.
CAT URINE HOUSE- ADVICE?
Hey guys, Getting ready to close on what appears to be a pretty sweet deal. I have it under contract with the owner for $23,500 with a ARV of $120,000. House needs about 35k in work. However, the cat urine is BAD i...
Heather Loyal
THROW PILLOWS...needed or waste of money
Has any experienced host found that throw pillows are a waste of money in MTRs? Just wrapping up my furnishings for a 4-unit (8 bedrooms + 4 living rooms) and was getting ready to pull the trigger on ordering a ma...
Andre Brasser
Contractor Overages
Hi All,Where is the line between an overage the investor is responsible for vs the contractor. The house is a full gut job and was assumed that nothing would be usable or salvageable. One line item in the scope of wor...
Chuck Patel
Auction no no, I should've known better!
Hey all, well I did something I know was going to bite me in the #%@* sooner or later. I purchased a home sight unseen, only the pictures on zillow. I did well on my first three houses and I was getting a bit cocky. ...
Brad Sparks
You bought a gutted house...
...specifically in the Knoxville area but also in general do you draw up building plans? Do you use an architect or draftsman? My property has fire damage so all the walls were not salvageable. I've rebuilt the founda...
Ronnie Gilmer
Newbie wholesaler to investor/rehabber question
I'm a newbie to wholesaling and i am scouting to potential run down properties that have been vacant for years. However I don't know if the two properties are worth pursuing because of the age and damage to the house....
Rao V.
First rehab question
HiI have got this great house recently that I would like to flip. I am going to be GC for the rehab. My question to more experienced folks is do I get more accurate bid if I first demo myself so everything is clear fo...
Dave Smart
Low appraisal from buyers mortgage. Help!
Hi, I am just closing on my second flip, the deal was $208k with seller paying six points of the buyers closing costs. At the last minute the appraisal came back at $186k. This appraisal makes no sense to me or my age...
Kyle Carter
Distressed property valuation
Hello BiggerPockets Community! When it comes to determining the price to pay for a distressed property, how do you determine that? How do you know when you shouldn't pay more than the value for the land? How do you ge...