Peter Bui
Fullerton Investors, quick opinion please?
4 bdr house with 2 bath, remodeled kitchen, no major damages or repairs
in Fullerton
Sqft: 1377, 6018 lot
Purchase price: 460,000
Closing cost: 13800
Down payment: 92,000 20% down
Monthly mortgage: 1864.60
Re...
Demetrius Ward
Running comps using online portals
Hello everyone, I'm doing my daily search on the online portals (Zillow, Trulia, ETC). Got me thinking about running comps, is it accurate to use these sites to compare or should I be using a realtor to run comps for ...
Howard Greisman
Figuring out Rental & BRRRR ARV
Hi,I'm confused & stuck. When using the Rental & BRRRR tools it asks for an ARV. To me an ARV is after you have fixed it all up how much is it worth compared to other properties being similar. One way to ob...
Aidan Graves
Getting Started in WA
Hey all, I am new to BP and to Real Estate in general. Fresh college grad, goal is Financial Independence. I am reading Building Wealth One House at a Time, listening to the BP podcast, and basically every other resou...
Sheila Campbell
Determining ARV New Wholesaler
Ok, so I'm about to start wholesaling foreclosures in my area (seen a few, actually in decent shape, require minimal repairs for area). How would I determine ARV? I keep reading about 70% but I'm not sure I understand...
Phillip Seibel
Splitting profits of sale
Hi everyone!! Buying our first investment property. My son is buying the property in his name and using his money to pay closing costs and down payment. My fiancé and I found the property, negotiated the contract, and...
Jeremy Hunter
Lender signoff on lot split
Hi all. Has anyone every done a lot split on a property with a conventional Fannie/Freddie mortgage on it and gotten the lender to sign off on it? I've done this with a commercial loan and it wasn't hard. But I don't...
Shawn Crawley
Duplex deal: Is this owners analysis wrong
I've been in talks with a owner who wants to sell his property off market. He wants to sell for $70,000. My real estate agent friend tells me the ARV is $60,000. When I discussed this with him he says on the open mark...
Nicole A.
Renting your home office to your LLC/entity
Hello BP!I'm a little behind the curve on this, but my Enrolled Agent suggested that I rent my personal home office to my LLC. This way, similar to when I used to rent out extra bedrooms, I can write off a portion of ...
Kristi K.
New WIFI Lock
Schlage just announced their latest lock. Schlage Encode™ Smart WiFi LeverI know that a lot of you love the old version from reading your posts so just FYI, this one will be out soon....