Im sure many of us have read all the warnings and reviews of buying low price properties, and the problems typically associated with them, but all that considered, it is what first attracts a lot of people , indeed th...
I was hoping someone could give me a quick step by step guide to determining the value of a home after the renovations, and the best way to present this to a hard money lender.
I know the short answer is to go in and...
If i put 4 water heaters in a 4-plex, then the tenants can pay for the cost of heating the water, but I have to pay for 4 heaters and worry about capex on 4 heaters. If I put in 1 heater then I have to pay to heat the...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $454,000
Cash invested: $22,700
3 bed 2.5 bath 2 story home with unfinished basement
What made you interes...
I just had my first water heater go out in one of my 12 plexes.. I am curious how much should i expect to spend to replace it?
Each building runs 2 heaters and are roughly 100 gallon tanks.
They quoted ...
Hi!
One thing I run into often are borrowers who are looking for loans based purely on the After Repair Value of a Fix and Flip investment. Because of common marketing strategies by the industry, their expectation is...
Today we sent our investors a special update on the impact of Coronavirus to the Las Vegas market. I thought it would be helpful to share it here.
There are multiple canceled events and conferences. Hotel occupancy i...
Hi, I have a preforclosure that I found via door knocking. Here are the details:
ARV ~$143k
Principal balance: $102,100 1st, no 2nd.
$875 payment which includes PITI, fixed rate.
3 other ...
There aren't enough renters to build demand so prices are dropping. They're dropping so low that Landlords are choosing to keep the units vacant rather than fill them at reduced prices. In August, they warehoused over...