Kirsten Braddock
Looking for advice on our first house flip
My husband and I are looking to purchase our first flip property. Im looking to get advice on the numbers to get some insight from more experienced investors.Here is the breakdown:SFH: 3/1, 1177sfAcquisition: $80kReno...
Sylvia B.
Negotiating a purchase - stick to our guns?
We're looking at purchasing a SF home for rental. We found one that is practically turnkey - it could be ready to rent in 2-3 weeks at most. We estimate $500-1000 for improvements/repairs because it needs very litt...
Kevin Zolea
Advice to a Newbie Under Contract & Stuck
Hi Everyone,I’m in need of some advice! For the past two years I have been studying everything I can on REI, attending networking event, and getting my financial house in order. I finally got to a place where I felt c...
Oladimeji Sonibare
Can I STR with an apartment that I don’t own?
Hello!Is it possible to list an apartment that I don’t own on AIRBNB, VRBO, etc? How can I use an apartment that I’m renting to create extra income?All of this assumes consent from my landlord. I just need to know if ...
Michael Brown
What are the next steps after establishing contact to Homeowner?
HI All,I have been using deal machine to send postcards to distressed properties.A homeowner contacted me expressing interest in selling her home to me.I'm not really sure on what the next steps are? I'm assuming talk...
Arthur Mayer
How would you make money in this scenario for a non-performing 2nd
So here is the scenario:First Lien is $150,0002nd Lien is $40,000FMV: $80,000Borrower is 120+ days late on both mortgages and is in Chapter 7 Bankruptcy.Assuming the Property Taxes + Late mortgages there is about $20,...
Tony Blaine
Capex To Raise Rents
In your experience for those who have at least done a couple CapEx Multi family investments, what has been your primary focal point when evaluating what to improve on a property to increase rents? Do you look at exter...
Stone Jin
Which to pay first?
Here is the situation,My wife and I are at a point where we cannot buy/manage any additional properties. We are starting to look into paying off mortgages. The question is should we payoff the ones with the highest ...
Tyler Hespeler
Potential First Deal
Good Morning All,I am meeting for my first potential deal today and I wanted to post the details up here so I can listen to any feed back.-It is a deal with a private seller-Its a 2 bed 1 bath in Groton, Connecticut a...
Travis Henry
What to do with a $1 million house?
My grandparents are retired and own their home outright here in Hawaii. It's probably worth a little over $1.2 million , and they're considering selling it and moving to Las Vegas.
Their plan is to buy two SFHs in Ve...