John Wooldridge
$600K vs $1M ARV with Same Repair Costs. Which is Better?
I live in the in the "East Bay Area" of San Francisco. Housing prices in the areas I am looking to flip are extreme (can reach $2M very quickly). I am looking in 2 different neighborhoods where the ARV for neighborh...
Jordan Greer
Is this a good deal?
Hello everyone,
I am new to real estate investing and would like to take advantage of the wealth of knowledge investors on this site possess! I currently have a deal in the works for 2 townhouses built in 20...
Patrick Philip
What's the first step to building something?
At some point, I know I want to have something built. Most likely a hotel, but could be SFH's, or maybe all of the above.Is the first step to go to an architect? Will they help me design the building as well? What are...
Adam Dassie
Help - Thumb rules around the country.
Hello BP,I am new to the site and have been reading and listening to podcasts for about 2 week. In that time I keep noticing people mentioning thumb rules they use when looking at properties. I have seen things like t...
Nicolas Ake
Buying on a neighborhood border
Hello,
I am looking at a 3 bed 2 bath built in the late 90s. It's on a street of pretty much identical 3 2's built the same year. These houses are priced at $80-$90k. The one I'm looking at is a foreclosure for sale ...
James Scobba
New investor, looking to purchase in Norman, OK for student housing
Are most first time investors buying in their own name, then transferring to a land trust or LLC?
Luis A.
HUD trying to eliminate owner financing??
I got this passed on to me, so please verify but from browsing the docs it seems HUD is considering making anyone that provides a loan a "licensed" mortagage provider:
HUD extends timeframe for comments regarding pro...
Herndon Davis
13 Rules to Vetting Private Money Lenders!!
Don't let your excitement and determination to get a deal funded blind you to the notorious red flags of so called Private Money Lenders. Believe me I know, I've dealt with enough PMLs to see the red flags before they...
Steve Mitrano
4 units - Unknown it Legal
I live in the Boston area and I’m looking at making an offer on a 4-unit property that has every indication it is a true 4-plex (4 main entrances, 4 identical layouts, 4 gas meters, 4 heating systems, 4 electrical met...
Brad Waterstraat
Question for all Appraisers
Hello,Back in July of 2020, I purchased my first investment property. This property appraised about 17k lower than the agreed upon price because of the back porch. The enclosed back porch is not heated or insulated, a...