Okay, so this one is a little out there even for me!What on earth could I possibly be talking about? $3,900 for a real house, not a Barbie doll house right? Where am I -- Detroit??? (See what I did there Josh, you ...
I am going to document my current BRRRR project in Jacksonville, Fl.It is 3/1 and 1100 sq ft detached garage I bought the house on Thursday for 36k. See pics below.My goal is have it apprise for 75k and refi LTV of 7...
Hello Guys
I am a new member to this forum and new to real estate too. I have a question about the flip projects.
Is that possible (or common) to sign a turnkey agreement with a contractor for the flip? So that they...
http://online.wsj.com/article/SB125479559237566623.html?mod=rss_economy
This article is talking about apts nationally. Vacancies continuing to rise and article says they will continue to rise. Tied to unemployment fi...
I recently started my REI venture in the Detroit area 1 year ago and I have been trying to figure out a good strategy for how to continue scaling while covering costs per property. The issue I'm running into is with t...
Overview of the numbers: Purchase Price (Cash Sale) $31,500.00 Closing Costs $2,019.02 Rehab $29,800.00 Mold Remediation $1,950.00 Furniture Cost $1,200.00 ...
I have recently read a post that mentioned high cap rates can be risky?I am new to investing and up until the other day, I believed that the higher the cap, the better the income. What are the pros and cons of this? I...
Hi All,I have a potential flip that needs a new kitchen. Who do you use for inexpensive kitchen cabinets? Big box store? In the past I had an awesome custom cabinet guy but I've moved to a new area and don't have o...