Hi There. I am pretty new to REI and have settled on Fix & Flip as the way to start. I have seen numerous properties (both SF and small multis), all in Florida as there is a wholesaler there who is bringing me p...
Folks - I saw a property that I liked on-line at hubzu.com. Based on visiting the property I put an offer in and won it. But, i have heard that I need to sign a PSA prepared by them which may only have a provision of...
What is the best place to open a new PM Company in Florida?
I'm looking at a 6plex for sale in my area. Asking price is 334k, and I offered 299 with a counter at 325. I then offered 310k with owner financing of the down payment. DP will be 62k. I think it's under rented s...
I've accepted an offer to sell my condo and the buyer waived inspection contingency. There are several small things wrong with the unit and I'm wondering if the seller could have any recourse. Does waiving inspection ...
I am looking to purchase a bank owned property here in NJ. It's ARV is $325-340k, the bank was asking $234,000 originally and is now $199,990 (reduced 35k after septic failed). it needs 120-140k in necessary renovatio...
Todays market with multiple offers can make a property inspection a minor concern even at the pre-offer level. To get a property under contract, the inspection contingency could be ignored based on the sellers most r...
I'm looking for input/suggestions on the model I use to come up with an offer priceSample:List price $135,000Monthly rent $1,350Desired cashflow: -$200 (Concept derived from the book Profit First)Va...
I have looked at different gurus for several years. Bought a few books on how to make money in real estate, but never took the plunge. Never really purchased the full program from a guru, and I found this sight whic...
Hi All - looking for advice here: We are building a new home (a very nice one btw - $550k+). We started the build last November and structured it as a turn-key property where we signed an offer to purchase with our ...