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Hey guys I'm wondering about a few different finance options on a larger scale flip.I found a 4 bed 2.5 bath on 6.8 acres about to go into foreclosure. It's been on market around 100 days, they're asking 115k for it. ...
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Turnkey 4 Unit Property I found: Occupied and makes $3900 a month confirmed currently.Principal and Interest: $1154Property Tax: $480Home Insurance: $125Vacancy- 7.5%: $312Repairs- 7.5%: $312CapEx- 7.5%: $312Prop. M...
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Hi All- Newbie investor here, searching for my first rental property. This has been a goal of mine for many years and I'm finally in a place to pull the trigger.I live in So. Cal and (though sparse) I'm able to find...
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This is a first for me. I hope some of my more seasoned BP friends can shed some light.My SFR is managed by a property manager. The tenant recently moved out. They had $1,050 on deposit.The property manager did an ins...
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Hello all,I'm new to the BiggerPockets forum but I figured there's no harm in sharing my experiences as a novice in case others have advice. I am currently in a house rehabbing and flipping situation not by choice, bu...
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I'm second guessing some answers my CPA gave me recently and wanted to run the following questions by others who specialize in real estate accounting. Thanks so much for your time!We purchased a house, listed it for ...
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Hello All,
Is now a good time to flip a house?
I am located in Central, NJ.
I have one experience in flipping and all worked out well. That was a little over a year ago. It was a situation where I was forced to f...
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Has anyone seen Property Wars on Discovery Channel? Investors are bidding on properties w/o seeing the inside. They make their decision based on comps in the area. Some get burned and some hit the jackpot. Do any inve...
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Just closed today on a BRRRR property in Richmond, Virginia. Bought this one with three partners @Elan Radbil, @Ben Hutto and @Jake Guhy using a commercial line of credit.Purchase price: $95,000 4bd/3baRehab budget: $...
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Hi Folks,
Can anyone recommend neighborhoods or zipcodes that are favorable for Single Family buy and holds in South Bend, IN.
I am also looking to build a good team out there so if anyone can recommend an investor ...