Jeffrey Armstrong
No signed contract, relator argues against addendum to contract
my wife and I put an offer in on a house. It has been tentatively accepted but there is a relo company involved. So I don't have a signed contract nor put in any earnest monies. The relo had an inspection done and ...
Mergim Gjyriqi
Advice for my first potential deal that is very “creative”
Hello everyone reading this, I have a potential first deal that I would like to run by you. I own a car dealership and the person I rent from has come to me with a real estate deal. It is a two family home in NJ costi...
Will Stahl
Cashout Refinance 3 Family Properties
Hey Everyone,
I own three 3 family properties. I purchased them in the past 2 years. I've completely remodeled one of them and am almost finished with the other two and along with the appreciation we've seen recently...
Jared Galde
Toledo, Ohio SFr Investors! Im in town 10/25-10/30, networking?
I’ve got 2 nice properties I’m closing on this month, headed to town to be very intentional about connecting in Toledo and purchasing 1-2 SFR’s per month. Would love to connect with local investors, agents and contrac...
Audrey Van
Cash for keys during Covid
I have a single family home in Fulton County, Georgia with a tenant that has been in place for a few years. She has gotten behind on her rent before but would eventually clear her debts and any fees. This tenant sto...
Dana Brown
Reasonable profits
Relatively new to flipping/rehabing. The rule of thumb we always hear is 70% of the AVR and rehab deducted from there. In our market the median sales price is close to 300,000. I understand in a <100,000 market how...
LaMancha Sims
What's Holding U Back
What are the top 2 reasons most people have for not getting into Real Estate investing and how can they over come them?
Raina Bayas
BRRRRing through the Pandemic
On Friday, March 13th, my husband and I got the email that our new investment property closed. We were sitting in a midst of toys with both kids, now out of school for the foreseeable future, scrambling on our laps a...
Bruno Nunes
Flip, Buy and Hold or Pass?
I was offered an off market 1 family that has 6 bedrooms and 3 baths but needs to be totally renovated. The house is in an area surrounded by multi family homes and after checking with zoning it’s zoned in a multi fam...
Danilo Dias
Was I smart to walk away?
Hello,
I just won a bid on a HUD Home.
Winning bid: $150K
Closing costs: $3.3K
Estimated in repairs: $50K (with margin)
Potential rent: $1,850
Potential resale price: $220K-$240K (at $230K, I'd make $211K after ...