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I’m considering a flip on a land lease. Here’s the details. Price 135k, rehab $15k, ARV $190-210k. HOA $700/mo!!! In/out in 2 weeks for rehab. Obviously the HOA is keeping values in this neighborhood down because an ...
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This is going to be hard to explain, I wish I had a picture, but I think I already know the answer. I am considering investing in a SFH 3/1 as a rental in a rural area. I work in the area currently, I have a pretty go...
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Hello BP crowd,
I am fairly new to Bigger Pockets but not to real estate. I keep my ear to the ground here in Northwest Indiana and I want to offer a networking/knowledge source here in my back yard. I wanted to...
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I have a signed contract on a piece of land, the idea being to build some SFR units. Trying to make sure all my bases are covered here.1. Looks like septic tanks are needed here, so I will have the health dept soil te...
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I'm looking for dividable land in N.E. FLORIDA
My manufactured home was appraised at 160k. It is fully paid off and I am looking to get a home equity line of credit for around 50k. The park is in a great area of San Jose CA
Is this possible?
I have ...
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Hello BP Community,I am trying to get my P&L put together and I stumbled when trying to calculate the basis for depreciation. Purchase price = $24kRehab Cost = $24kARV= $65kMy understanding is that the basis for t...
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I own 5 residential units. Seriously considering going Commercial.
Whenever I check into the MLS, I'd find these statments: "Owner Desires Build To Suit" and "Land Lease".
That appears to be self-explanatory. But, i...
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I'm looking at a multi family property, and the listing mentions land contract. I'm trying to make the transition from SFR to MFR so I don't know a ton about the commercial property workings and practices. The propert...
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I've just come under contract for a 12-unit apartment in Spokane, WA that was built in the 70's and remodeled in 2014. Purchase price was $720,000, and I intend to hold on to the property for >5 years. It is not pa...