Okay BP, I need a bit of reasoning to supplement my analysis. Here is what i have from a lead that just came in. Backstory: Property Owner is a single mother who just lost her husband and is a single mother of one chi...
The best, and worst, I’ve done (with numbers)You make your money when you buy. It’s an old saying in real estate, and I’ve always “known” it to be true… but now I REALLY know.This is the story of both the best overall...
Hi everyone! Looking for some insight on how to estimate the ARV of an ADU in Tulsa, Oklahoma. The main house is easy to comp, but ADU’s are uncommon in the area. I’m in the process of creating the scope and rehab bud...
Hi All!So I'm coming up on my closing date for my first ever rental property, and currently looking for property managers. I was referred to this one by a trusted friend that has a couple dozen units in the area. I ha...
Hi All,This is my first post on the forum. Been a long time listener of the podcasts and have inspired to "get in the game" but have been on the sidelines for about a year. My background: Work a full time job in Fina...
I’m going to start a LLC. I’ve yet to get my first deal. But I need the Corp to get a loan. Should I get a s or c Corp. I plan on flipping houses and using hard money loans. I was going to wait for my first deal but ...
I'm new at this. I've done a spreadsheets to break down numbers. I'm searching loop.net, grabbing the listed gross income, maintenance and tax figures. Then go to mortgage calculator and calculate mortgage with fees. ...
So I found a deal for 45k on a single family home valued at 75k. Since the home is under 50k I struggle finding a bank to finance the deal as an investment property. So I applied for a personal loan at 10.9% apr over ...
I don't know what all info is needed but I will list as much as I know. 1682 square feet. 841 per side. Built in 1977. Each is 2 bed and 1 bath. Property looks to be in good condition. Owner moved across county and do...
The other day A 20yr college kid looked at a rental I had and immediately said he wanted to reserve it to move in on the first of the month. It was against my better judgement to rent to a college kid but he had a ful...