Account Closed
How does everyone calculate ARV???
Hi Everyone -I've been calculating ARV for quite some time and wanted to get the community's perspective on it. Specifically:If you don't find true comps (similar house with similar beds, bath, SF etc. etc.) do you st...
Sharetha H.
Flipping a house that we don't own...how would this work?
Hi Everyone...
Working with a partner on our first flip. We don't own the house (a friend does), but we are putting all the money into the renovation (the friend is carrying the mortgage on the property). My partner a...
Catherine Lacey
Grand Rapids Multifamily - to sell or not to sell
Hello! I am hoping to get some solid advice here :)We bought a 4-plex in Grand Rapids, MI in 2017, thinking it was a wise location for investment since we travel there 1-2 times a year to visit family. We got it for a...
Chris Ng
Reverse 1031 Exchange with a mixture of properties...
I'd like to do a reverse 1031 exchange. However, the property I'd like to purchase will not cover the value of the properties I'd like to sell, so I would like to park the remaining gain into some DST investments. Is...
Jacob R.
Dallas Duplex Drama!
Good Evening BP,I'll start with the expenses:Mortgage (principal and interest): $1426Insurance: $146Property Tax: $218Maintenance/Vacancy/CapEx: $326Total Expenses: $2116Currently I am living in one side and renting o...
Mike H. Jones
Buying a home that is not on the market
Hello all,I am new to the forum, but I have always used to site to gain general real estate info.I have a question, but first let me give you some background info for the sake of receiving any other advice that the fo...
Ash Patel
Is it wrong to sell everything now?
I am mostly a non-residential commercial investor. I have sold half of my commercial holdings and wonder if I should start selling the few SFR's that I have. The prices have increased roughly 50% from when I purchas...
Steve Maye
Selling a rental unit. Can I claim a loss?
In 2010, I purchased my single family residence and thought I was there to stay. In February 2012, I was relocated out of state. Due the still poor real estate market I elected to rent my home. I want to sell t...
April Conaway
Inherited property, no property managment in place
Hello, I'm not sure this is the best place to be posting this, but I'm really not sure where this topic fits. My father unexpectedly passed away 7 weeks ago. He had 3 rental properties in Colorado (2 triplexes and a s...
Larry H.
Bank wants addendum waiving lessees option to purchase
We bought a rehab house with the intention to flip, but it ended needing too much work. I am almost into it for the appraised value. We put a tenant with a lease option. I am about ready to close on the refinance and ...