Mike Storey
MHP how to make this deal work
I have a local park that owner is wanting to retire. It seems way over priced at $250k but what offer should I make? Here are the details. 6 singlewides and 3 doublewides and 1 vacant spot on approximately 1.5 acres. ...
Lawson Vicknair
My first real estate investment.
Investment Info:
Single-family residence fix & flip investment in Ponchatoula.
Purchase price: $45,000
Cash invested: $30,000
Sale price: $107,000
3 bed 2 bath home. It was built in the 60s. ...
Raj Malhotra
Permit required? Jacksonville FL
Hello All,
I am a new investor and looking at a potential house to do my first
flip. I understand that during the flip process, i will be required to
have a licensed contractor for major electrical and plumbing ...
Karla Simmons
Homeowners insurance in Florida
I keep hearing that homeowners insurance is high in Florida because of hurricanes, which makes sense. I am assuming it is not high state-wide, but in the areas that have history of hurricane damage to homes. Is this t...
Brad Smith
Roof Leak
Tore out the ceiling last Sunday and confirmed where the roof is leaking. Now, I'm trying to figure out how to repair it. Looks like the "right" way is to tear everything out and start over but I'm thinking about tak...
Andrew Kouri
What are the best things to address with a $50k budget for a flip?
I am considering doing a flip for a house that is in a $500k ARV neighborhood. Most of the work I've done has been on higher end properties, so I am trying to get some idea of what would be the most impactful and prof...
Michael Lenahan
Actual Value vs Replacement Cost Insurance
Hi, Anyone have any experience with replacement cost insurance?I'm considering it on my 4 houses in west Philadelphia. I currently have a landlord policy with Allstate that has actual cash value. The quote I got with...
Dennis Borg
Should I Pursue This Opportunity?
I hope I selected the appropriate Forum Category for my question ...I am getting started in Wholesaling and have been checking on properties in my area, and talked with the owner of a property who has been fixing up t...
Shane H.
Underwriting New Const Duplexes or units less than 5yrs old
What figures would you use in figuring Repairs or Capital Expenditures when either underwriting a new construction duplex/group of duplexes or possibly purchasing a group of newer (around 5 or so years old) duplexes.A...
Neil K.
Manufactured Home Flip - Feedback Please!
Here's the situation:Looking at a 3 bd 2 ba manufactured home (2007) as a potential flip. The home has a brick foundation, large 2 acre corner lot, and is in a quiet neighborhood not a park. The house needs some min...