Dave Grosse
newbie Q's I'm probably asking too late
I've got a few here and I'm feeling really stupid asking them!
1. We buy using an option contract. Haven't closed a deal yet, but are getting close. we haven't had any complaints from the banks about using an op...
Sam Craven
Deal analysis: buying subject-to, selling owner finance.
Need some help. Tell me if I'm forcing this to work. Both of these strategies are ones we have not used in the past.
Med-low income neighborhood, houses are taking 30-90 days to sell.
1700sq ft
To sell owner financ...
Doyle Brewer
Mortgage loan from mom - 1099-INT?
Does the lender or the debtor initiate the 1099-INT in a family situation like this?
Michael Porche
Short-term rentals in markets with restrictions
Short-term rentals can be a great investment, but only if you invest in markets with high restrictions. Choosing markets that have tight regulations on short-term rentals would mean that there is a higher demand for t...
Dustin Garrels
NOI for multi family valuation
When negotiating purchase price, which scenario for NOI do you use? Trailing 12 months actual? If so, do you adjust for the assumed run-rate for repairs/CAPEX (e.g. a as a certain % of revenue) instead of using actual...
Thomas Harr
Home Inspector and Investor
Hi BP readers,My name is Tom Harr and I live in Columbus, OH. I wanted to write a quick post about my experience owning a home inspection company and investing in real estate while doing so!Clearing the air:Home inspe...
Travis H.
Adding Value with Rehab Costs - a conundrum
As I continue to evaluate flipping homes I am perplexed by this question:
How is it possible to add market resale value at a cost that is less than the market value you add?
If a house is currently worth ...
Dave Craig
No viewing until under contract?
Was made aware of a house that just came on the market today. Existing tenant but no viewing until under contract. This would be my first property and that just sounds too risky to me. Are there documents or info I ca...
Pamela Rickey
Should I lose a bedroom so make bigger closets, etc.?
I am in the process of buying my first house to flip. It has 2,000 sq. ft. and was built in 1921 in a neigborhood that has been gentrified. Mostly Yuppie couples. Most of the houses that have been remodeled sell fairl...
Michael Fitzpatrick
Help clarifying something please..
Ok, probably stupid but simple question here....I've seen on the forums and have talked to some title companies about double closings and assignments etc etc......
When doing a wholesale double closing....I can use C...