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After analyzing house after house, we finally found an auction house worth bidding on. Even had a little bidding war! We got a 3/2 house with a giant shop on .4 acres for $61k, its ARV is looking to be around $130k mi...
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Quick question for the BP family.I am a 1st time investor and planning to house hack and the Brrrr strategy to add forced appreciation.2 questions: 1) how to you calculate rehab cost?2) with a fha 203k can you use th...
I have found a partner for real estate investing. Our area is rural and poor but cash flow is good. I found a foreclosed house for 39k. If we split it 50/50...I have researched and he will put in the money for closing...
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Do I have to have the sellers permission if I am assigning a property that is listed by a realtor and I let the agent know exactly what I'm doing?
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Hello all, newbie here and I am trying to figure out the best way to structure a rehab fund allocation with a bank. I was able to find a bank that would finance the renovation costs into the total loan cost. I am tryi...
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We think we have a strongly qualified respondent wanting to rent our SFH (newly refinished). We are (plan to be) using NTN SecureLease. It does the application online and we're planning to get Checkpoint Premium s...
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I have a tenant (2 adults, 2 children, 1 dog and 1 car). So they have been living in this 3 bedroom 1 bath home for exactly one year. 2 weeks ago the tenant texted me saying they want to renew the lease for another ye...
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I thought about putting this in the landlording forum, but the general lesson here really is important for landlords, flippers and anyone who works with a property that will need repairs (i.e. most of us).
This isn't...
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Hello BP! I'm working remotely for a REI company and we've got a project going in San Antonio. So far we've been able to get a foundation guy in to do some work, inspection, etc. and a few contractor bids are tricklin...
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I currently have a 4 plex under contract and am at a bit of a crossroads whether or not I should try to proceed. I am trying to work the numbers on a to-the-studs rehab. The property has 4 identical units, 2 up and 2...