I am a general dentist in the Akron area looking into purchasing my first rental property (specifically condo's). The locations I am looking into right now are Conway, SC and Titusville/Melbourne, FL.
What drew me t...
Hello, I am not a flipper and don't pretend to be. I was wondering though those that do, and have experience with it if there are any formulas you may use? or a rule of thumb on how much money needs to be injected in...
Hello Everyone,I found BiggerPockets from a book I recently bought called The Book on Flipping Houses (read 75% so far). Once I finish the book I'm going to get my real estate license; however, I plan on starting my f...
Hey everyone, I found a mobile home “park” for sale (say that because it’s very small for a MHP, 7 acres) and the price seems too good to be true. Where do I even start in analyzing a MHP? What questions do I need to ...
Hey you guys,I'm pretty new here and in the world of real estate, I happen to stumble across the website by accident in my research, but super glad I did. After all the knowledge gained overall about real estate, I kn...
Running into my first low appraisal and need a bridge loan until I can stabilize the property, bank knows that once its stabilized we will get the high appraisal we need. The appraiser went with sales data instead of ...
Hello! Does anyone have experience acquiring a multi family apartment building (7+ doors) in Ontario with a commercial mortgage? Trying to move up from single family homes but having a hard time figuring out closing ...
I'm just getting started so please excuse my novice question but how do you calculate the repairs on a flip? I was told an easy formula is the square footage of the house times $30. Is this a good tool to use?
I am new to the site and I am researching the flipping game to see if it's right for me. I would love tips or resources that have helped you with successful flips. Thank you.
Hey folks,
I have a fun question on cost segregation study, around which I am trying to build a house hack thesis.
ScenarioLets say, we have a $1M property ==> Building cost : $800k, land cost : $200kNow we do a...