Investment Info:
Single-family residence fix & flip investment in Norfolk.
Purchase price: $118,000
Cash invested: $40,000
Sale price: $263,000
Contributors:
Sierra Alderman
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I learned my lesson in not taking chances with termite evidence. I bought a property in November where the inspection showed evidence of drywood termites. We got a seller credit towards treating the issue at closing, ...
I have been reviewing a lot of videos and content on 1031 since I am interested in doing one sometime next year. With a lot of experts here, I am hoping to ask some questions that I have not been able to have a concr...
Hello, I'm new here and I am trying to learn the Analyzing process. I currently have a rental property in Irvine California and looking to get another property in my home state, North Carolina. I feel like this is a p...
Dear BP Lenders and fin. gurus,
I hope this email finds you all in good health and high spirits. A call for help. I am writing to request an assistance in obtaining the small but crucial funding required for a mino...
I am starting this thread to document my experience with a self-directed IRAI have an IRA that has been invested in stocks and bonds since I rolled an old 403(b) into this IRA about 10 years ago. It always underperfor...
Hello everyone,
I am about to start making offers on what will hopefully become my first deal. This means I will need to pick a property manager soon in Wilmington NC. There are three price models I've seen from vari...
From what I've gathered from the experienced investors here I should be evaluating properties based on the IRR. I know how to calculate it but I don't know what is considered a good, mediocre or poor return. Could som...
Hey everyone!
Im looking at a property that needs quite a bit of work to it. The property is assessed at 158k, on sale for 98k and I feel as though I could get it down to 90k. This property needs quite a bit of work ...
I am new to real estate investing - but I've done a lot of reading, listening to those podcasts, and talking with people in the industry. I would like to ask for advice and if you have any pointers on where to look to...