Hi all, I just sold a property and am in my 45 day window with a 1031 exchange to identify a new one. I did so early on and went under contract, but the inspection revealed MAJOR structural issues that cause use to te...
Hey all,I am a Real Estate investor in Barrie Ontario, Canada and I have been working to put together a team in Sudbury Ontario to take advantage of the lower cost of real estate. So far I have been working on puttin...
Hello BP, Im investing OOS. Got a duplex in a c+ area under contract. The listing had no pics of the interior. Outside had new siding and alot of other work done. After I made an offer it was accepted. They sent me vi...
Today my husband and I took our contractor to a house we want to flip. After spending a lot of time walking through and accessing everything it needed, we ran the numbers and it needs way too much work for what the cu...
I'm wondering how do you write an offer with contingencies' for an investment property? I'm looking at multifamily properties in Boise, Idaho and my Real Estate Broker said that I need to make an offer in order to se...
I have a SS in the final stages with BOA (my offer, B). There is not enough spread for a double, HML, etc. I do have a higher offer (C) on stand by to send to BOA. At this time I am just collecting a LM fee. When and...
Hi, I'm in the process of looking for my first investment property. I understand comps, but I'm not sure about repair estimation. Should I hire an inspector to walk properties with me and then get a contractor to look...
Let me start off by saying that I'm a newbie. Walked an REO today. The property has list price of $240K. After walking around with my repair estimator to give me a rough estimate of costs, I came up with $55K for the ...
I’m sure this is a preference, but curious as to what you all do. When do you look at a property? Do you look before you make an offer, during due diligence, or not until you close. No wrong answers, just curious.
I am about to make my first offer to a motivated seller. The seller has told me their mortgage payoff; but I'm unclear how to verify this information? Do I call the seller's mortgage company directly? Will the mort...