Bill Sargeson
Flip Diary and Analysis
We closed yesterday on the purchase of our flip house here in NC. I hope to document to progress throughout the event. Our goal is a 4 week turnaround.Purchase Price $67.5k, (approved short sale)ARV $135k. Comps in...
Curtis Mears
How do You Estimate Damage to a Rental Property
What do you do when withholding deposit money when a tenant leaves? I understand if there is professionals you have to hire, then that bill is easy. But what about issues, you take care of yourself? If you steam the c...
Aaron White
Need Help Understanding Over Repair, Do Cosmetics Matter?
I am looking for insight to better understand how much is the right amount of repair. My last deal I did I went way overboard with plumbing the whole house...I went to see a house today that (NW Houston near Tomball ...
Clarence Johnson
Deal Analysis, experienced opinions neeeded-LA, Ca
Hello to All,My business partner and I (both Realtors in southern Ca)have decided to take the plunge and purchase our first flip. After running the comps and walking through with my dad and Uncle (both in the busines...
David Napier
Duplex- to change or not to
Hello BP, I'm looking at buying a duplex. The duplex is in need of updating and maintenance, but has tenants in place right now that are wanting to stay. With the rent they are paying right now the cash flow and ROI i...
Account Closed
Who's responsible for client damage
An agent showed my house on Wednesday. I saw it later, it was in same condition. We agreed on a contract Thursday AM, and that afternoon she showed it to the buyers and their (afaik, adult) sons. I don't think they h...
Bryce Carafa
First steps after getting keys?
Hello,First time posting and also first time investing in a property on my own without any partners. I am set to close on my first SFH on 3/22 and I am using a hard money lender to rehab the place and then refi with a...
Colin Young
Getting off course and still landing on a win
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $111,000
Cash invested: $23,000
Sale price: $200,000
I purchased this property as a live-in flip while also ren...
Kathryn Dunnivant
Duplex on Indy's East Side
Investment Info:Duplex buy & hold investment in on the East Side Indianapolis (Windsor Park).Purchase price: $88,500Cash invested: $17,700 (20%)Other cash invested:~$5,600 in electrical (updated knob and tube and ...
Dallas Kidd
top 5 Common Rehab mistakes by new and growing investors
Here are the top five things that, in my opinion Investors do wrong on rental rehabs, and why I believe they are costing themselves more money in the long run. What would you add to this list? #1 - Not including nec...