I have 2 questions:
1. When you underwrite a fix and flip deal in your upfront due diligence, what figures do you us for the cost to sell? (do you use a percentage, standard fixed fees + percentage, etc)
2. When yo...
I'm thinking about purchasing a triplex in St. Albans, VT. At current rents it has a -$180 cash flow. I BELIEVE that raising the rents to market value will turn this into a positive cash-flow of $400-$500. I'm not ...
I am planning to make an offer for a detached single family home (for investment) with SOD and sprinklers systems installed in all 4 sides of the house. (About 6k SQ.FT of lawn). I confirmed HOA doesn't cover externa...
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Hi All,Today I toured my first property which was a 2 bed 1 bath foreclosure with a list price of $125k. The property is good structurally (sturdy foundation, good roof, but I will get it inspected), but the inside ne...
Hello All,
I spoke with the Construction Code Office of Jersey City this week.
I believe that the following is the way that construction permitting works in Jersey City;
-I deliver two sets of drawings stamped by a...
Hi Fellow bigger pockets brothers and sisters. I closed 2 weeks ago on my first commercial property (5 units). the property was previously managed by a property manager. I had a real estate agent. I did ask just to b...
Needs new siding, windows and doors. Quote for that came in at 40k. Its an older house and wiring has not been looked at as far as I know. Needs a new roof at 10.5k. the 30k left in the budget would be for the inside ...
My name is Matthew. I am from Macon, Georgia. I am looking to do some wholesale real estate deals starting in January of next year. Before I get started I would like to know what area investors are looking to i...
Hey BP,
I have the potential to get a nice property (townhome built in 2006) under contract in the 60k range. It is owned free and clear by an out of town owner and comps are easily 90k. Currently rented at $...