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I am reviewing an opportunity for a 5 house parcel currently used today as college student housing. $995K asking price, 31 beds, generates in excess of $111K in annual revenue. Cost of parcel not substantiated by area...
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Hello Everyone,I currently own one four unit apartment that I purchased for $193,500 and rents for $2300/month. When I bought the proerty it appraised at $217,500. I paid only $3,500 down for the property using an FHA...
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If the inspection goes well tomorrow I will be buying a property from a wholesaler(cool person) and I wanted to know if I should get title insurance. I'm buying the property cash and will most likely be putting a mor...
Hey everyone,I've had a question for a while. I've read a few books now that all talk about cashflow analysis for a property, but there's one thing I am not sure how to handle. One book I read mentioned how along wi...
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Do you think 2020 will be a good year for home flips, if so what numbers are you expecting on your RIO, and if not what problems do you believe will occur?
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I'm looking at a California property that I believe is undervalued 3-4x it's current market value. Stips are cash only. A crook had filled the entire complex with straw buyers and now the HOA is busted. This is the ...
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Hey everyone, Bare with me for this long story... I just want to see what is possible and not possible with buying this home.I am currently in a negotiation with a previous homeowner who still has his name on the deed...
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Under contract to purchase a SFR - our first investment for long term buy and hold. The seller purchased the property via Treasury Dept Auction in 2016. The property had been seized by the government after the then ...
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Under contract to purchase a SFR - our first investment for long term buy and hold. The seller purchased the property via Treasury Dept Auction in 2016. The property had been seized by the government after the then ...
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Hey all,We're super interested in getting into apartments, but I'm struggling on a few things when it comes to the analysis. 1. When considering work that needs to be done to the property, such as remodeling rooms, sh...