Terri-Leigh H.
To Airbnb or Not to Airbnb
Hi all,Newbs here. We have a TON of money in equity on our primary, want to get into RE. Our friends, many, have done the STR thing in Cape Coral and can’t say enough good stuff. The appreciation is there, the growth ...
Kuron McGraw
Seller wants a offer before giving asking price
Good afternoon BP, I have talked with a seller and he hasn't given an asking price on the property. He wants me to give him an estimate because the offer has has received are low ball offers. The property needs finis...
Seth Davis
Diary of a Construction Business Startup
Hello everyone! My name is Seth Davis. I introduced myself earlier in the newbie forum. Feel free to hop over there and read my post if you have time. I have recently decided to pursue a new passion of mine which ...
Steven DeMarco
Help with deal analysis on first house hack
I'm looking at a SFH + ADU in Salt Lake City, UT as a potential house hack. Before I put in an offer, I want to run the numbers by some professionals.
The property is 4BD/2BA in total, with 2BD/1BA upstairs and 2BD/1...
Jonathan Riordan
Origination fees 2.5%?
I am under contract on a house and my lender sent over the closing cost estimations. It looks like they are charging an origination fee of 2.5%. This seems high compared to what I have seen in the past. What have y'al...
Christopher Blanco
Why are good wholesalers so hard to find?
This is more of a rant than an informational post. Why are good wholesalers so hard to find? My experience thus far with wholesalers has been less than pleasant. I started off with some smaller names, but found out qu...
John Underwood
STR replacement cost insurance with increased building costs
I just received my Foremost insurance policy for our STR Lake house.We have replacement cost insurance, but the amount seems low in today's costs to rebuild. Our Lake lot is a good chunk of the value but still I wonde...
Kevin Zh
Finding deals - do you solely rely on realtor or look for deals yourself?
tl;dr:
realtor only seems to only respond for deals he sends now. Is this
normal or should I look for new more communicative realtor?
I'm a new long distance investor based on the east coast with one SFH
in the...
Max Garcia Jr
Rehabbers: How important is the %70 Rule to you?
I currently do not have this home under contract. However, I'm just an email away from getting it under contract. Here's the numbers
ARV = $575K
Repairs = $100K
Selling price after my fee = $325K
...
Shaquetta Chittams
Renovation Cushion
What percentage of my rehab budget should be set aside as a cushion. Right now the renovation budget is at 45k and we haven't opened any walls, looked at the roof or the furnace. We know we want to update the kitchen,...