John Gonzalez
First time poster-- Pls help with my deal analysis
Hi Guys/Gals, I am a new member that finally saved up for a year and have enough to get into a low DP property. I have a property in mind that has an asking price way higher than I think would be profitable but have f...
Ben Valentin
Can someone help me understand how to find the 70% rule?
Here's my problem:I've been working with Realtors, Wholesalers, and just looking at my own deals online. I've been looking over a lot of deals, and their numbers show their ARV estimates, Rehab estimates, etc.Not one ...
Account Closed
Do you still use the 1% rule?
Do you still look for or follow the 1% rule when looking for an investment property?Heres the scoop: I am looking to sell my duplex. Based on the 1% rule, I could sell it at 259K but I'll be listing more around $240K ...
Garrick Solberg
Getting closer to a deal
So, this is the best deal I have found so far in my town. Granted, I am just beginning, so there will be better deals, but on paper it seems like it could work out. Here are the details:
4/1 SFH
Asking Price: $45,...
Travis Newton
Finding Phone Numbers for Absentee Owners
"Does anyone know of a good automatic system to do a large amount of reverse phone lookups once you do have an absentee owner mailing list in word document or excel spread sheet?
I know we can simply go to white page...
Mike Zawistowski
Buying a multi family rental property
I've been tosing around different ideas for a few months about my next move in real estate. I moved to CT from longisland NY over a year ago. I've house hacked my first property, renovated rented and sub decided the p...
Craig Rismiller
Tenant Screening Tip...
Just wanted to share with the BP community a couple of tips that came into great use while screening a perspective tenant:
1. If available online, check with the county assessor who actually owns the property...
Ryan Randalls
Building a new bedroom on a house? Is it worth it?
I'll start by saying I'm very new to real estate, I'm looking into doing a live in flip in my area and there is a 1bd 1ba that can use some basic updating. But my question is; would it be worth adding a bedroom? I mea...
Garrett Kuhn
1031 Exchange Ideas - Land Sale to Investment
To make a long story short, a friend of mine's family has received interest in their farmland from developers. If they are to sell the land, they would come into some money that they had previously not had access to. ...
Steve R.
Austin forbearance in July 2021
Austin, Texas, ranks No. 1 for having the most people in financial distress. 75% homeowners in austin (https://wallethub.com/edu/cities-financial-distress/79863). does that mean in march-july 2021 Austin will face th...