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Hello everyone,I am meeting a local flipper and have a list of questions to ask. Just in case I am missing anything, what would you ask a flipper if you want to get started?Thanks,Emiel
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We've agreed verbally but are meeting this afternoon to sign the offer. I'm gleaning this from DeCima's book. McLennan CAD Property ID:xxxLegal Description (partial):xxx Block 3 Lot 4B 5 Acres 0.2083 ADDRESS: 2222 xx...
My partner and I just bought our first multifamily in Grand Rapids, MI. We plan to buy more in the future and build our real estate business there. That said, I have a house that I bought and remodeled a few years bac...
I'm just starting out with market analysis and property analysis for small multi as a first cashflow investment vehicle. My question is how to apply the 50% rule and cashflow rule properly for analysis.For example, ap...
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An 80 year old widow is looking to sell the park her husband built back in 1969. It has 25 lots of which 9 are occupied. I'm told they are all family and have been there pretty much since the park was built. All ho...
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Hey y'all - I'm new here (first post), but already have a few properties (buy & hold) & we're moving fast (despite closing on two in March, we already have renters for one and are moving now to find a third to...
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My father and I did our first direct mail campaign last week and we received our first call today. The person who called has a lot that has a slab from a house that burned down. The lot is now empty, but still has t...
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THE INTERNAL RATE OF RETURN (IRR) TO AIM FOR
The IRR should reflect the degree of risk you’re willing to take. The riskier an investment, the higher the IRR. If you’re purchasing a building that has decreased in valu...
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Fractional owenership of vacation homes - anyone else WHO has done it and what is your experiences?
I bought into this : http://www.halcyondevelopments.com/halcyon-retreat and so far it seams very promising. It of...
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Hi BP,Rookie doing my first BRRRR (and first deal overall) with an experienced partner and started reaching out to wholesalers. One of the more established ones does a double close and requires you do no due diligence...