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How 'hard and fast' do you stick to/around the 70% ARV rule for fix and flipping a property?
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Anybody do it? Recently I have been seeing more foreclosures come on the market in my area in the middle upper/upper class hoods. These are houses that are less than five years old, granite counters/ crown molding/pre...
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I am getting ready to close on a property I put under contract about a month ago, the owner was very accommodating in letting me do my due diligence based on the condition of the house. I have so e questions about...
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I found a property that can make great money as a rental. The house appears to need mostly cosmetic TLC and some updating. Here's the issue....The property is bank owned as is being sold as-is. The bank wanted best...
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Bought an out of state property a year ago, 2400 sqft duplex. Inherited the existing tenants. Here was my proforma assuming everything went to plan (which it didn't!)
One tenant stopped paying in May, the other rac...
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So I just went and talked to a person about a potential house to buy. We met at the house, he shows me around, we are talking and I’m building rapport. The house needed some work and it wasn’t too much work. Then we s...
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Hi All - I have a rental property closed back in 2015. The AC unit was installed in the late 1980s. The Unit now requires annual maintenance (Freon refill and tune up). The cost has been going up everything year. Rece...
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We perform a quarterly property inspection currently during which we change air filters, check smoke / CO2 detectors and look for signs of water issues (toilets aren't running, nothing under sinks.)I'm still learning ...
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Hello BP, have a question regarding rather I should take over my rental property or let PM continue handle it.I have a property located in Germantown, Maryland and it is currently still under water......unfortunately....
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Morning BP community, I have an offer accepted on a duplex (built in 1905, $150k, $700/mo cashflow, 2 - 2nd/1bath, total of 2300 sq. ft. and rented out), and the inspection report has left me on the fence. Do I ask fo...