I get how to find distressed homes. But how to you come up with a price for example a neglected home that has plants and weed growing on and outside the home. How do you come up with a price to submit a offer?
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My current understanding is you- need dwelling coverage to rebuild the house and loss of rents if something were to happen. I'm not sure how much more I need, and I don't want to pay a high premium if it's not necessa...
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The opportunity has recently come up to purchase a turnkey off-market duplex in a midwestern city for $560k. Assuming 25% down ($140k), my estimate is that this would cash-flow ~$13.5k per year.
While I can afford to...
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New investor here. I'm trying to learn/understand when to use different types of ROI. I'd like to get some of my learnings validated here and also have some questions answered as to how I should interpret some other t...
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Hey all,I have been looking to purchase my first house hack for some time now and feel that I am close to getting one of my offers accepted. It dawned on me that I do not have any recommendations for an inspector in t...
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I am contemplating partnering up with a real estate professional on my first BRRRR. He would be bringing all the sweat equity including finding that deal, dealing with the contractors, the rehab etc., which he has ex...
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Hey All,
Loving the website!
When it comes to wholesales deals. Is there a way to validate the wholesale offers? Are there experts on the other side of the deal that can help with this?
As a novice. This is someth...
Most people want to pay $0 taxes for rental property , but claiming $0 profit allows you to qualify for less for your second and third mortgage (due to DTI) . Any advice to pay less taxes but still use the rental inco...
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Super off-topic but something I have been wondering about for a long time. It seems like a lot of younger people don't have cable and many don't have land lines. My deal through Verizon has a land line, internet and c...
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Hi all, been on here for a bit reading blogs and forum posts. We're getting close to buying our first owner occupy multi-family unit in Colorado Springs, just finalizing some financing. Hope to be a landlord in the ...