When I get a bit deeper into my investing career I will be diving into the niche of buying destroyed "zombie houses" (term courtesy of BP Podcast 201) and completely renovating them into beautiful, modern, and trendy ...
Hi everyone, I am looking to purchase an apartment building and after much searching I have come across one in which the owner is willing to do a Master Lease Option on. Here are the terms: Purchase price: $335,000Dow...
Saved about 100k to get into the business. Sent 2k yellow letters with a few hits. Steadily getting more hits, but here lies the problem. Spent 20k on 9 acres of vacant land in the heart of town. Then, made the kne...
Hi MHP/mobile folks. I'm looking to buy a 50+ mobile home park in GA this year. Along the way a broker presented a large land-mobile home deal, around 50 or more land-homes. A land-home operator is similar to a lot...
Several years ago my husband and I, 1031 exchanged into a home with several unimproved lots. It is zoned R-3. We would like to build multi family on these lots. What are the rules for improving on 1031 exchanged pr...
(ARV x 65%) - Repair Costs = Maximum Allowable Offer. What do you do if the math makes the MAO so ridiculously low that the previously "motivated" seller becomes not so motivated? Example: ARV $162,000 X 65% = $105,...
Last week, some partners and I closed on a 42-unit property in Daytona Beach, FL. This deal puts our company over 350 units, and I wanted to share some things I’ve learned while we’ve grown the business.
Full disclo...
Whats up everyone? I'm a new real estate investor in Pensacola, FL. I'm currently still active duty military, and my goal is to get my real estate business firmly established in the next four year so that when I get o...
Forgive me as doodle as I just felt like writing. I read all types of comments from both side of the line of real estate agent and investors. As always there is always two sides to every story and everyone has an opin...
I have money to invest but I'm taking time to formulate my strategy for investing in rental properties. I live in a very rural area...southern Virginia. In my world, Roanoke and Winston Salem are very large cities.I ...