My husband and I live in Austin and we purchased our first rental property in 2014. Since then, we have purchased 3 more rental properties. We 'didn't know what we didn't know' when we purchased our first property, ...
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I sent out a direct mail campaign and got a call from a motivated seller a few days later. She lives in Chicago and owns a house in Phoenix free and clear. She is ill and wants to sell the house to relieve herself of ...
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I’m planning on buying a three family house- rent two units and live in the third.I plan to depreciate the building to lower my tax burden on a yearly basis.Assuming I live there for 3 years and then sell it I would n...
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Hi all-New investor here, scoping out potential first deals. I’ve been working with an agent who’s set me up with auto emails for MLS listings, but I’m also interested in looking for more off market properties. What d...
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Here's our current situation:
1. Have a single-family home in Florida, purchased in 2005 for 202k
2. Travel for business and don't currently use as a primary residence
3. Planning to invest funds into the home in o...
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I am interested in a condo in a high-rise on the beach. There are three units for sale, one on the eighth floor, one on the fourth floor and one on the first floor. The one on the eighth floor and the one on the fourt...
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Hi everyone, we finally got out 1st flip on the market back in June and traffic has been super slow. We've been keeping our eye on sales and it looks like a lot of things are sitting for quite some time now and am wo...
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Investment Info:
Single-family residence fix & flip investment in Lafayette.
Purchase price: $818,000
Cash invested: $818,000
Purchased off the MLS. Full renovation down to studs. Reconfigure 2 n...
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View report*This link comes directly from our calculators, based on information input by the member who posted.
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Selling Price 31K
ARV: 64K
Repairs: ~ 10k
I'm trying to wholesale this. What do you think?