Hello, People of BP!I want to know how those of you who are out of state investors do it. Do you actually travel/drive/fly to do a walkthrough on the property before you make an offer? I feel like that lapse in time c...
Purchase price - $255,000Expected rehab - $80,000Expected ARV - $425,000Actual rehab/carrying costs - $155,000Actual sell price - $525,000Profit - $76,400Time to complete – 7 months to get on market, 9 months to close...
For context here is the situation. I have a quadplex in minneapolis, in a solid area, for 200K. The seller is selling as is. Obviously the place is going to need to be rehabed. I am still a newb here so i apologize if...
I see a lot of talk about the importance of hiring a property manager (PM) rather than self managing. For 20 years I have managed my own properties so I wanted to offer some thoughts on the advantages of self managing...
Hi everyone. My name is Cam, I am 24 and live in Nashville with my wife. Long story short, I am currently a law student [also getting MBA], but I have decided that a career as an attorney is not for me. I am going to ...
I am planning to buy a house with just about every dime I have saved. I may rely on the 5k in credit cards I have as a safety net. I know it seems risky but the homes at my maximum budget will likely produce the highe...
Hey everyone,
So from my understanding of how a detached ADU is appraised, is by comparing similar properties with detached ADUs that have recently sold in the area, but there aren't much homes with detached ADUs to ...
I moved out in end of June 2018 from a house in the state of Connecticut. The issue about security deposit and repairs has been going on since then. I think my landlord has been acting unreasonably and unfairly trying...
Hey everyone,I'm currently rehabbing a property for rental and my contractor is now MIA. I've tried calling, texting, and emailing but I'm not able to reach him at all. This has gone on for a week now and he has left ...
Just looking for a little clarification on possible ways to use private money to purchase property. I am not looking for partners, I want to own 100% of the property.
Lets say I have 5 people committed to loan me ...