I'm going to start on my first flip on Monday. I want to post all of my pre-flip numbers here so they are etched in digital stone so I can refer back to them when all is said and done. I'll explain my methods to ...
I recently purchased my first property. It is a very nice home in a great neighborhood, 3bd 2.5 ba, $2k/mo rent. The tenant has been in for 1 month. She's a really nice lady with exceptional job, background, refere...
My experience with Memphis invest has been great until my first tenants broke the lease, and left with $3900 repair cost. What separate Memphis invest from other turnkey providers is their excellent customer service. ...
Greetings BP people. I have a possible deal on a 8 unit apartment building, could make into a 10 unit easily. The project will require full interior completion and some exterior work as well. Basically it's just a she...
If the property can generate adequate net operating income to support sufficient debt to finance the property and provide a satisfactory cash return to the developer-investor, the project is financially feasible.Good ...
I need help seeing if this deal is profitable. I can obtain the property for approximately $13474. That figure bring takes it out of foreclosure status.The repairs are around $5-7K. The property has n nearly 50000...
Hi Everyone,
I have been listening to the podcasts from Lifestyles Unlimited. Their main strategy for buy and hold is to purchase houses and fix them up with a hard money loan and then convert the loan int...
When you are evaluating a new real estate investment, what do you consider to be a "reasonable" annual cost for property taxes?
I know there are a lot of factors that can go into the determination of a property's ann...
Hi all! I decided to try and start for my first property. My Uncle introduced me to a contractor he used to work with yesterday who buys cheap houses on the south and west side of Chicago and flips them or rents them...
Not really 100% investing related, but I'm closing on a house soon which will be a primary residence. It hasn't been updated in many years. I'll be replacing appliances, A/C, etc. I've found that I can get a lot of re...