Andrew Warner
Real Data for Foreign Investor in C Class Assets in Metro Detroit
I thought it may be useful to some of those in the bigger pockets community who are new to investing in RE to share some actual data from “C” class properties.Given all the discussion around projecting returns from bu...
Lydia Woods
Detroit buy and hold
Hey Ladies and Gentlemen’s, I live in Louisiana but I’m thinking about buying some property in Detroit. I notice they have a lot property on the low end ($3,000- $10,000) and some are bundle deals. They are in low inc...
Ethel Weaver
3 Unit in Middletown PA - Is this a Good Deal
Cost= $83,000 2964 Sq. Ft 3 bedroom 3 bath 1 garageNear local college Monthly Rent =$1355 for all three units Median Rent in area is $550.00 per unitProperty Taxes 2994Insurance 600 per year...
Allen Jones
Replacement Value question on cheap property
I've got a question about insurance for a low cost property. I'm looking at a $30K single family house, it's in a C- neighborhood. The replacement cost is $125k. In the event something happened and it was a total loss...
Traci Lovelace
Reality check please- this is probably a good deal
I have a LLC owned house that I'm going to renovate and sell. I've been financing with an equity loan previously, we paid that off with the last sale and would prefer not to get into that again.Our local bank is happ...
Molly Turner
Rental - 2 blocks from campus
I have an opportunity to buy a really nice SF home 2 blocks from a college campus. Occupancy is not an concern. My hesitation is that after repairs & my financing costs, I'm at 90% of the market value. Rents are ...
John Gusto
Calculating Cash on Cash Renturn for Wholesale Deals?
Hello everyone my name is John and I’d like to get into wholesaling. I’ve been doing a lot of research and spoke to a couple of buy and hold investors in my area. One of them mentioned that he typically looks for a 15...
Sergio Sifuentes
Would you accept this terms from a Hard Money Lender
Hello BP, I'm trying to execute my first deal, It's going to be a flip and I was wondering whether this is a good deal or not. Assuming that the following numbers are correct:ARV- $370KInvestor cost $ $245KRehab appro...
Gere W.
WWYD 120k cash Ohio
JV partner and I have 120k cash. What would you do with it?Any deals out there to send my way? Located in Ohio.Interested in: small multifamily (sub 5), small apt (sub 20 units), self storage. Limited by cash purchase...
Remington Lyman
Contract left back doors open and I am out $2,000 in appliances
A contractor put in barn doors in my out-of-state client’s duplex that I am managing in Columbus, Ohio near The Ohio State University.I guess they left the back doors opened because when I went to do a tour today they...