So we are slowly stepping away from renovating the properties ourselves. I must say that I am enjoying managing the reno much more than I did swinging the hammer. I know that this is largely based on Area. I Wanted to...
Purchase Price - $85,000Rehab cost - $60,000 (5 month duration)List Price - $225,000Sale Price - $223,000 (received offer within 8 days of listing)Sales price less closing and commissions - $200,000Profit - $55,000 sp...
I have been a SFR investor in Cape Coral, Fl for the past few years. I have a SFR portfolio of 13 houses-12 in Cape Coral and one in Lehigh Acres. I am considering trading out and moving into some industrial space. Th...
Odd topic but real question. My partner just called asking what we should offer on a house. Absentee Motivated seller with recent suicide in her house. Any idea's
This is an example of a deal I saw right here on BP, and the person that posted it should be embarrassed. Don't worry- I'm not going to name names or provide details-- but here are the numbers:
$32K asking price
$10...
You want get your max money back in the pocket when price are high, You want to cash out finance from 15 year at 3% interest rate and lock in with 30 year 4.5% low interest rate, but inventory is low and price are hig...
Hello, I have been offered an off market deal for a very nice SFH in the very hot Alberta district for $500k with 25% percent down at a 4.5% interest rate. It is rented out for $2800 a month with a 1 year lease. Not ...
Okay what are some good systems for searching for deals? I'm looking to buy ASAP as soon as I find the right deal. But I'm getting bogged down looking through MLS listings and zillow.
The way I do it right now, I l...
I've always heard and believed that you should only buy on actuals. But I've been hearing more and more of the experts buying at a low cap rate(5-5.5 and even lower)Therefore I'm assuming they're buying on what the pr...
Who was born before 2008 and remembers the negative housing market and gas crisis and recession? I'm fearing history may repeat itself. What are some good tips from those who survived the early 2000s housing crisis?