I have found a 5 trailer mobile home park in Georgia. Its an hour from where I live. Seller is asking for $199,900. She will not seller finance or owner finance. She told me she is selling because she just bought apar...
I just found a 1BR 1BA 650 SF Condo in my area that is a short sale for $100k. Did some digging and 2BR 1BA 850 SF units in the same place are selling for around $120-140k in the past year. HOA fees are $350 a month a...
Hi all, found a property I'm close to ready to moving on. Seller and I are about 4k apart in purchase price but I'm using their selling price for number eval:Neighborhood: C+/B-, I would live here if I needed to. Its ...
I wanted to start investing in multi-unit properties(5+), and before I jump in, I need to understand the basic math behind this type of investment.I want to try with classic strategy of buying a value-add property, wh...
Hello all,I'm looking at a potential purchase and would like your advice or second opinion. I feel like I may not be taking something into account.Price: $300,000Property Type: CondoHOA Fees: $400/monthProperty Taxes:...
So I finally finished my first flip and overall, it was a pretty good experience. To start, we got the perfect deal. Our expected ARV was $250k at the time. The house has been on the market for 2 weeks and is curre...
I went to the previous property auction from the city and I was astounded at the amount of people there. I know there is a large amount of due diligence needed for these properties due to possible liens. It looked l...
Ok my realtor sent me an email for a turnkey deal. it's a 34 unit apartment complex with management already in place. Strong well maintain community. The purchase price is $2,040,000 It was built in 1998, cap rate is ...
Found a potential deal today
Before I get chewed up and spit out, I'm just putting this out there, I'm a Cherry when it comes to investing. That's why I'm asking for lessons learned, and for thoughts that haven't co...
Hi all! A bit of an interesting story that I thought I'd share!I recently acquired a note in 29 Palms, CA for ~90% UPB (About $50,000 mid 2021). This asset is a Lease Option contract that has been Non Performing since...