Hey all. I'm trying to systematize my analysis/due diligence process for flip properties. I'm wanting to speed up my rehab estimation portion of the analysis but don't really know what are good baseline numbers for th...
Hi BP veterans,
Hi BP veterans, I was wondering if anyone can help me with my current situation w a property management firm that I am firing....I’m a newbie landlord w a rental house is in NV and the tenant moved o...
Hi there BPers,I have a deal in a D area. Mistake #1 right? However, I think the property is selling a very nice discount. The rents maybe 50-100 under market. Details:$175k, 8 units, built 1966, $450 each unit ren...
New to investing, and this will be my first deal.My husband and I are in contract for a duplex. It is a good deal for us and the home inspection went relatively well. There is only one problem and that is mold in the ...
Duplex:
-Purchase price: $155,000
-600 sqft 2/1 each unit
-1979 concrete
-Rents for $1,000/unit/mo
-PITI is $940/yr
-Property management fee: 7%
Option 1:
I've put probably $25,000 cash into upgrades and rep...
Hi There,
I am from Philadelphia, PA and will be visiting Myrtle Beach next month with the goal of purchasing my first STR ever. The local agent has sent me an agency document and I am wondering if it is worth signi...
Hello I'm Kizzy, I tired wholesaling to raise capital but it didn't go well, so I've decided to use what I have to make a deal happen. I'm interested in Orlando, Melbourne, Jacksonville or Miami but not sure if any is...
So the city was changing some piping outside of the house for the collection of rain and they had a pump to take all the water to another location, in the meantime at one point the pump stopped working they got clogge...
Please give me your thoughts on this REO deal located in Cincinnati. This is my first property under contract and I am set to close in 2 weeks.
Purchase price: $9,100 Cash
Est. Reh...
Hey there. I'm new to REI and am working on finding a good deal for my first investment. I've come across a property that I like and that appears, at least initial numbers, to look like it might be a good deal. It's a...