Anna Sam
Numbers received during due diligence
Hi
I am doing due diligence on a property and I see that the owner is showing only about 1/3rd of the annual rents that he is claiming that he is making. he is also managing the property himself. Have you had similar...
Kenneth Cowan
How much $$$ to keep in reserves when starting out
Im interested in this question for myself, and I'll give some details on my situation below, but I'm interested to hear what some of the experienced folks had for their experiences. I'm sure the range will vary.
How...
Mike Lynch
Trying to figure out my next investment strategy? - Please Help!
Hi,I have been visiting this site now for months and have purchased "The Book On House Flipping" and "Estimating Rehab Costs" by J Scott along with "The Book On Rental Property Investing" by Brandon Turner, plus sever...
Dustin Morgan
First Spec
Please give me your opinions.I'm working towards my first spec build. The first few are going to be hard to fund so my plan is to start small. I have purchased two vacant lots, one with cash for $19k and the other i...
Shaun Palmer
Smithfield, NC - Anyone investing in this area?
Hey BP'ersI was just curious if anyone is investing this area? Would like to network a bit with any investors, property manager, wholesalers, etc...Thanks,Shaun
Encsi Balla
the flipper not flipping
This is probably going to be the depends-on-the-situation kind of question, but here it is. I just moved to a new area (small town) and started looking for BRRRR deals, made couple offers already but no success yet. ...
Jack Knight
pros/cons of doing basic rehab without a permit
I am trying to rehab a unit after we finally got a tough tenant out. It is in rough shape, but it is hard to get someone inside the next 6 months to do the rehab with a permit. I'm looking into doing a smaller version...
Dae Sandridge
Full Gut job vs New Construction, Philadelphia Pa
I just came across a deal that I’m contemplating and I’m torn between doing a full gut Reno or New Construction. I’ve only done two flips so new construction seems a bit aggressive. However, the subject property block...
Kevin Poulin
First Investment Property - Lessons Learned
For people who have at least one investment property, what is one thing you wish you knew before making that first investment and/or one thing you would've done differently for that first investment property? Looking ...
Victor N.
Need Help With Owner Finance Deal
This contractor I met when he came to give me a quote on a new project, offered to sell me a 1BR condo he owns. I said I would only be interested if it is owner financed and he agreed.Asking $55,000 which is close to ...