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I have 2 homes, one is owner occupied, and both have no mortgage. I'd like to use this equity (some of it) to fund house flips and RE investing. 220K in one home and 425K in our owner occupied home. What's the best wa...
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Has anyone had experience performing a BRRRR on a manufactured home? Do these types of mobile homes make good rental or are they hard to find tenants? Any information on this type of rental would be greatly appreciate...
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I'm new to this. Bought 1st home as a 2 family fixer upper last year. Taxes are in progress but I am stumped on factoring depreciation value on the rental property. How is the depreciated value calculated for an owner...
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ScenarioChicago: we buy 2 bed, 1 bath (900 square feet) in a decent neighborhood (Rogers Park) at $125,000 at $25,000 down (the 20% down is cash, the remaining is financed).We add a half bath to force equity and every...
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I’m comping in a area in Detroit that doesn’t really have any fixer upper homes near the one I’m trying to wholesale, so what do I do to determine the ARV and determine my MAO? Do I just comp it with the other distres...
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I have the money to start another mass mailing campaign, but my sticking point is that I don't know how to accurately estimate repair cost. Where do I get started in learning how to do this?At this point, I'm not even...
so i got some new info regarding my last post ( if you saw it)so this property is 127 acres and the guy got permits to build 39 homes on it. he said the land on other properties across the street from him are worth 1...
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I have an opportunity on an investment property, all cash purchase. I am trying to itemize closing costs/fees in addition to Realtor commission and wondering most effective ways to project the costs.Scenario:Purchasi...
I am a 25 year old Realtor and recently purchased 2 homes for investment purposes. Both of them were bank repos and are located in a great area. My goal was always to get as many rentals as possible.
House #1 - One ...
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To find a great property it requires two things: accurate ARV and precise ERC. When learning to estimate ERC correctly I was thinking the best way to go about it is to find active rehabbers at REI clubs, see if you ca...