lets say you find a property for 50k you plan to fix up and rent. do you need your own cash for the down payment and repairs?
The answer to the question, "What is ARV?" is complex. On the surface, it's an acronym for after-repaired or market value. In other words, a projection of what it will be worth on the open market once repaired. Howeve...
Can any real estate investors provide me with the minimum acceptable rates they will consider undertaking an investment property with? Such as Return on equity, cash on cash ratio, current yield, overall capitalizati...
I bought my first property a few months ago. There was a lot of deferred maintenance which ended up adding up to about 15% of what put in as a downpayment. Fortunately, the property is currently cashflowing nicely. In...
From most of the posts ive seen, i see flippers discuss how the numbers make it a good deal? However im curious as to what they deem flipper worthy in a cosmetic way. Like an abandoned house with mold and doors is an ...
ARV: 75kPurchase Price: 35kRepair Cost: 15kRents in the area: $900All in for: 50k + closing costsIs this a deal or are the numbers too thin?
I’ve been keeping an eye on the short-term rental market here in Indianapolis, and it’s definitely heating up! With the city’s growth and increasing tourism, more investors are seeing great returns from properties use...
Hey y'all,I'm a realtor-investor looking to start a business that flips distressed properties into affordable housing (affordable meaning 450k rather than 550k). One of the biggest stumbling blocks my team is running ...
Scenario: We acquired an SFR in the Southern California mountains in 2021. Over the past 15 months we've been doing major renovations. Work is basically complete. First STR guest has booked for the last week of 2022...
Hello Everyone,
I have heard a lot about using $10,000 of IRA money penalty-free on your first home purchase. I have an interesting question that hopefully one of you can answer. I am currently under an unbreakable...