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I looked for a forum called "flipping fails" and could find none, so in the interest of full and honest disclosure of good, bad, and ugly sides of this business so that you don't get the wrong idea that real estate i...
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The basics:
4-plex containing 4-units consisting of 2BR & 1BA each.
Cost: $265,000 / Estimated mortgage w/ me paying water & sewer is $1,350
1% rule: $2,650
Estimated Rent: $700/mo (tenant pays li...
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Hi everyone, I'm looking at a 3-unit in New London. During due diligence I've discovered that the water/sewer costs average $180/month for the building. This sounds high to me. The town confirmed that there are usage ...
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Has anyone converted a office trailer to a residential trailer?
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I need a disinterested party's thoughts on establishing the best terms of an owner finance land development. I seem to be blinded with the emotional aspect of just how rare of a deal this is.
Rare as in 49...
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Historically I have purchased REOs; but with inventory being so low all recent listed REOs have been listed about 10% above market value. For example - last year I bought a 3/2 1600 sq foot complete gut ($50k rehab) f...
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I'm considering a deal that has an asbestos roof that was put in in 1900. Given the housing stock here is older I'm thinking this group may have some experience with the issue (the deal is in CT):The roof is still ...
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I bought a rehab house about a month ago. Contractor starting performing the work replacing the HVAC units, tearing the plaster from three of the walls, electrical wiring being moved, and the laundry being moved back...
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GoodayI have 2 questions really, the first one is this: How much of a return can I expect after converting lighting to "all LED" and marketing it as such? And really, many other electrical system upgrades have been in...
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For anyone that is seasoned in this area, can you please offer up some advice.What would be the estimated cost on a property that requires a complete gut renovation? (minimum-maximum)Property: Single Family Home, 3 Be...