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So... after searching high and low I found a property that I wonder if it is even a good deal or not. The details:List price: $299,000ARV: $400,000 (based on 5 really good sold comps on local MLS)- Selling costs: $14...
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I’m in negotiations for house that value will rise 11% next year. ARV is 266k, offered 197k but negotiated down from 220k to 207k. Is this a deal or no. I understand the ARV formula that a deal is 186k but houses are ...
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Hey team,I'm planning on building a 2 or 3 family on a lot I already own in Dorchester -I bought it along with my first duplex deal. I'm looking to connect with a Boston investor that has has built an investment prope...
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I usually do my own demo so I’ve never gotten an estimate but I am currently in the middle of a project and a deal has popped up. The only way I can think to make it work is to sub some things out, demo being one of t...
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Why is the 2% Rule under the Financial Info on the BRRRR Report stated as a percentage? I expected it to be a dollar value calculated as .02 X purchase price.Can someone please help me understand why it's given as a p...
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Howdy- I am a wholesaler. I love the hunt of finding a good property. One thing I do is drive for dollars. I drop my kids off at school at 8am and don't have to be at my office until 9am so I drive up and down the nei...
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I purchased a property in California last year for $1,770,000. My supplemental taxes list the "land" value as $1,300,000 (73.5%) and the "improvements" as $470,000 (26.5%). Very round numbers, like the assessor didn't...
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Hi Everyone! What do you think of this 4-Plex deal?
Purchase Price: 117k (Will get it cheaper than this-probably around 105-110)
Estimated Repair Costs: 10k (May be less.)
20% Down
Income: $2275
Vacancy $295.75...
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Hi BPers - I'm looking for an inexpensive way to dump some construction debris from a rehab project I have in progress. I used to use a contractor who could fill the flat bed of his pick-up and dump it for $75 (in th...