Jason Smith
Taxes and selling lot with two houses on it - Primary/rental
We purchased the property in 2013 for $49,900. It is a unique lot because on one parcel it has two dwellings. For the purpose of this post, I will call them the front house and back house. We lived in the front ...
Charles E Shaffer
Using Virtual Tours for Investment Properties
I talk with Realtors and investors daily.One topic that I like to discuss is using interactive virtual tours (iVT) for Investment Properties (iP). The first thought is always, "not worth it". I disagree.If you focus ...
Michael S.
Flipping a gutted water damaged house
Hi BP!There is a house listed in my area for sale for $100k. Let me quickly explain my market:Typically there are very distressed properties (1200-1500sf SFH, cape cods) needing ~$30k in renovation for sale in my area...
Michelle A Shriver
Construction Management Fee Question
If you have a third party managing / overseeing construction, CapEx improvements, larger repairs, etc. what is the fee (%?) you pay them for this oversight / management? Are there variables based on scope, cost, durat...
Caleb Clapp
Good Deal? $600,000+ Family Flip Strategy and Contract Terms Help
I've finished my first solo live-in flip (Mindy Jensen style) and have the option to take on a much larger project, my parent's partially renovated home. They got the garage and bonus room above it down to the studs b...
Julie Muse
Mount Vernon Drive Success: Strategic Renovation Yields Strong Profits!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $195,000
Cash invested: $27,200
Sale price: $259,000
Contributors:
Peter Vekselman
Partner Driv...
Julie Muse
Morgan St Transformation: Major Reno Brings Big Profit in Waynesville!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $60,000
Cash invested: $74,114
Sale price: $160,000
Contributors:
Peter Vekselman
We purchased ...
Isaac Green
How should I calculate sf construction cost for gut renovation?
Hi,I'm reviewing some deals, and one of them requires gut renovation for 5400sf.Usually when I'm calculating construction cost I'm using avg of 150$ per sf, but with gut renovation i'm not sure what number to use for ...
Maleshia Gilcrease
fha 203K or homestyle reno loan
Good afternoon,I am considering doing a house hack using the FHA 203K or Fannie Mae Homestyle loan. I would like to either create an adu or house hack a multifamily that may need some work. Does anyone have any referr...
Julie Muse
Highway 64 Transformation: From Fixer-Upper to $200K Success!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $85,000
Cash invested: $65,000
Sale price: $200,000
Contributors:
Peter Vekselman
Partner Drive...