I have a 4-plex under contract in Kentucky. Inspection revealed major issues with the property, some of which were not disclosed: evidence of foundation problem (stair-step and horizontal cracks, bowing towards the in...
What is a reasonable estimate of closing costs on a property about $150k?
ARV=$160,000Contract Price= $49,000Repairs= $20,000-$25,000 repairs Problem: Owners deceased with NO WILLBehind Taxes= $10,000 (Tax Sale June 1st 2017) Owes= $24,000 (Charged Off but are accepting payments to principl...
Hello! I know that commercial property ownership versus 4 unit MFH and SFM is very different and that includes the pain points. What are the major pain points with commercial property ownership? Thanks so much!
I'm interested in knowing more about tax sales.Has anyone purchased at a tax sale? In what state? Was it a great price? Was it difficult?Can anyone give me some insight on tax sales and where I can learn more about ta...
To anyone who engages in wholesaling,
I spoke with a real estate group recently that knew that I work in the data field. They gave me an open offer, saying that they would be interested in hiring me to mine data on t...
We've received estimates on re-roofing a SFR near Sacramento. 1 at about 9K and another at about 20K. Of course pricing depends on the materials used, but still we'd like to have an idea about what is reasonable. A...
Hi all, this is a hypothetical question I have for you investors/landlords. Obviously, people have work order requests come up, and most of the time, its pretty reasonable requests that do require external assistance;...
Live in California and have 2 rental properties in Cleveland with a total value of 150K at most, is creating an LLC for each property a viable option for asset protection?
Hi All!I am brand new to BiggerPockets--someone just recently told me about the podcast and website, and this is my first post.I have two question:1. Any feedback on my investing strategy?2. When is it time to make my...