Hi All:I own a property that is currently a rental. I am interested in tearing it down to build and sell. Currently, I owe approximately $170,000 on the loan. I estimate construction costs to be around $250,000. I was...

Good morning, the following property is up for sale at $250k.  114 S Broadway St, Toledo, IA 52342 | ZillowThe seller has 'described' it as follows:"The property features a new roof and updated electrical work complet...

Good morning,As I sit here buying yet more construction supplies for the last finishes for our first major renovation, I'm feeling pretty overwhelmed with how the numbers are adding up.  So I thought I would post abo...

What is the difference between Homeowners Insurance and Umbrella? I own 5 SFRs through an LLC. They are all in one LLC. I am concerned, because one of them is not up to code, and it will take some time for me to get i...

I purchased a property last summer in Mobile Alabama for $38,000. The deal was financed using hard money at 12% and the total loan was $65,000. After closing cost I received approximately $24,000 for repairs from the ...

Hello all,I've been approached by my uncle who owns a two-unit apartment to join him in the formation of an LLC.  My question is, how do we go about determining a valuation of the LLC?  He owns the property outright w...

I have a lead that has no equity based on Redfin and Zillow. The approximate amount owed is 103k and estimated value between both sites is approximately 95k. Recent comps in the area sold for 135k. I was approaching t...

I am considering pitching this to a few buyers to see if interested. I would like someone else to analyze the deal to see if they look like solid numbers an investor would be interested in:Purchase Price ($215,800.00)...

A friend of mine, aka my current real estate agent, is in need of assistance. I've spent hours trying to figure out a way to get creative and help her turn her failed project, which she just got served papers on yeste...

Ciao BP familyI have purchased 2 years ago my first single family home. I purchased it for $485k FHA and my current balance is $458k. I've invested approximately $20k converting the garage to an in-law.My monthly co...