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Hello! I've been doing Fix and Flips in the Springfield, MO area since 2004. Now I'm looking for recommendations for great areas that I can do the Fix and Flips Virtually and still make good profits. Thanks for the help!
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Hey BP community,Okay here's my situation...My fiancée and I are underwater on our mortgage (I'm sure others are too). We refinanced back in 2007 right before the crash of 2008. As it stands right now we owe $54,000 a...
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Investment Info:
Single-family residence other investment in Des Moines.
Purchase price: $150,000
Cash invested: $30,000
This is a SFH that I bought from a friend (FSBO) at $150,000. He was in the mi...
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Hi All,I've been putting together excel sheets for flip targets in the Bay Area as practice and I am seeing some disconnects between the standard suggestions (70% ARV, lower profit margins than many here ask for but m...
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We are new investors and looking to put an offer down on our first property in the next week as a STR. My question is for tax purposes, are we hurting ourselves in terms of the qualification of materially participati...
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We are less than a year into the STR thing with 2 separate rentals. So far, just love it.... no issues, just wonderful guests and lots of bookings.The one thing that comes up occasionally is requests for long-term boo...
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Hi all,I've been pre-approved for an FHA for $250k for a SFH and ~$300k for a MFH. I've found one that I'm going to be making an offer on, it's listed at $229k, comps in the area are few and far between but the value ...
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I am a recent college graduate who works in health care. I make a healthy salary but would also like to get into real estate. I have been following these forums for a while trying to gain knowledge. The hardest prob...
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Looking to buy my first buy and hold property at Memphis, TN. Looks like you can get property there around 1.5% rule or even higher. Any current investors in Memphis want to share insights? Are there places or neIghbo...
I have a property listed with a woman, who was the trust beneficiary to her dad's home. She is now looking to sell, but her daughter lives in the home and basically told her mother that in order to get her out, she wo...