I am starting to get into real estate investing. There is a 4/2 1900 sq property that has piqued my interest. I can probably get this property for about $178k and the ARV range given by zillow is from $217k to $302k. ...
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Hi everyone,We bought our first property last november in 2023, and are getting ready to list it. I purchased it under my own personal name on this first one, cause we were competing to get there quick and my EIN had...
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Investment Info:
Mobile home fix & flip investment.
Purchase price: $500,000
Cash invested: $70,000
Sale price: $725,000
Creative financing purchase, fix/flip with retail sale.
Sub to
Owner...
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A cost segregation study was performed on this single family home in Iowa City, Iowa with a depreciable cost basis of $649,900. The property is 2 stories and 1,875 square feet and was constructed in 2024. The house in...
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First time posting here.TLDR: I am a new RE investor and have questions regarding long term wealth generation through RE.My Background:I am 23-year-old recent college graduate looking to purchase my first home/investm...
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I have another one I'd like to discuss. This is 5 mobile homes and one building being remodeled as a storage unit. 4 park owned homes and 1 tenant owned home. The POHs are $800 a month and the TOH is $300/month. Gross...
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Looking to hear others' experience and insights - -How to quickly diligence outstanding liabilities (e.g. mortgages) that would not be wiped out by the sale? -Minimum red flag diligence to determine a max bid and co...
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This is something I hear on Dave Ramsey. I'm not sure I agree with the numbers but I agree with the general ideas.
o what do the rich do every day that the poor don’t do?
Tom Corley, on his website Rich...
Hey guys, Just wanted some clarification on how this section works. Lets say, using hard money, I purchase a property at auction for $35,000 that requires another $35,000 in repairs (included in the hard money loan). ...
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When moving a tenant in, it is easy to skimp with the move-in inspection check list (or "Property Condition Report", as we call it) yet it is a critical document. I'm looking to improve my process for getting this...