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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $115,000
Cash invested: $33,396
Sale price: $225,000
Contributors:
Peter Vekselman
Partner Driv...
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I've recently started experimenting with direct mail. So far I've had great response rates and the phone is ringing, but virtually every seller I talk to wants me to make them an offer before I've even had a chance to...
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We are looking at a loan on a 7 unit apartment building including a house on the property. The bank is saying that a five year resetting rate on the mortgage is normal. Is this true? Also they are saying there is a pr...
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Investment Info:
Single-family residence buy & hold investment in Gladstone.
Purchase price: $43,500
Cash invested: $20,000
Sale price: $165,000
I rented this house for 9 years and collected ...
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I've found a property I want to offer on, and I have the price I know the deal will make sense at. Here is my question: I know most people will have their buyers agent extend a written offer to the selling agent/owner...
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To keep this short, I submitted an offer on a house yesterday. Here are the numbers.List price: 129,000Offer I put in: 110,000 (Seller pays closing)Days on market: 164They just had a deal fall through a little over a ...
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Investment Info:
Large multi-family (5+ units) buy & hold investment in Norfolk.
Purchase price: $427,000
Cash invested: $138,000
Snapshot Metrics:
1% Rule = 1.34%
Purchase Price: $427000
Estima...
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Investment Info:
Back in 2016. Small multi-family (2-4 units) buy & hold investment in Bronx.
Purchase price: $560,000
Cash invested: $50,000
3 family house in the Bronx, NY. My first investmen...
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Hi!I'm an aspiring RE investor and my neighbor is looking to sell. Back in September, they were thinking $75k asking price. They weren't ready to sell at that time. They've done some repairs since then - most notabl...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $188,145
Cash invested: $33,000
Sale price: $1,675
Totally outdated rental property where the previous owner ju...