Investment Info:
Small multi-family (2-4 units) buy & hold investment in Baltimore.
Purchase price: $115,000
Cash invested: $87,162
Contributors:
Ozzy Sirimsi
Baltimore duplex...
I am in the process of selling an older, somewhat run down Victorian-style house. I, of course, want to make the most that I can off the sale and while I am eager to invest in more properties, the town in which I live...
I Have decided to try my first flip, something I have wanted to do for awhile. The Property is a 3 bed Brick Ranch 1 bath with 2 car garage. Its a fannie mae forclosure. The house is 70k and needs about 10-12k work. I...
When it comes down to the selling and the buying of lots for houses, what am I looking for to analyze a price to offer. The situation is a seller has a 2 houses and 5 lots for sell. The houses are close to tear down, ...
I own solar photovoltaic on my primary right now, which I plan on converting into a rental in a month or two. It is a great system and has reduced my power bill to practically nothing all year long.
When I rent th...
Hey Guys! WARNING LONG POST ALERTI recently ran across a property that presents all kinds of potential but not without great risk. I'm looking for insight from the group at large on a couple areas I'm not familiar wit...
Hello All, happy new year! I hope 2017 is off to a good start for you! We visited with a seller today who called in response to a letter we sent. To make a long story short the seller is elderly, has been in the home ...
What are the pros and cons to selling my first rehab?
So we purchased a place for $25,000 and put $25,000 into it. We currently owe people and a bank $50,000 on this house that appraised for $120k. The end goal is fo...
Is a 5% return on investment a good deal?PropertyPurchase 91,500Rehab 20,000ARV 140,000The arv is in the median range for this area so I priced the offer at an ARV of aprox 130,00The home sold in 2006 for 150,00 cou...
I have a seller willing to do 0% down for 12 months. Payments per month are still TBD, we are discussing potentially 3k/pm for 12 months.
Purchase Price: 825,000.00
ARV: 1,050,000.00 - 1,150,000.00
ARV x 0.75 = 825...