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Investment Info:
Single-family residence fix & flip investment in Norfolk.
Purchase price: $118,000
Cash invested: $40,000
Sale price: $263,000
Contributors:
Sierra Alderman
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Hello all, I indirectly became a landlord when my house in Youngsville, Louisiana did not sell. It has been rented for 1 year now and I have 2 years remaining on the contract. I've relocated to the Houston Texas are...
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Hi guys!I own a 4 plex and a duplex, and am working on, in Brandon's words, building my "stack" and trying to get an 8-plex. I came across a seller, who was interested in seller financing his 8-plex and the numbers lo...
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I am currently in the process of reviewing a contract from a property management company, and I came across a clause that raised some questions.The contract stipulates that a sum of $500 per property, up to a maximum ...
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Hello fellow investors and biggerpockets forum members, we are hoping for some guidance from other investors who have experienced a similar issue in the past. We have a rental unit where the previous tenant had pets. ...
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If you have a 14% ROI on a rental and the investment is projected to break even in 7 years, what are your thoughts on that break even point? 14% is not bad and it's after deducting a huge cushion for expenses to reduc...
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Just a quick note to any newbies. Make sure to test/inspect all plumbing before installing drywall. Photos were taken today of a 1950's home I am renovating. I always recommend inspecting drain and running a camera...
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Hello. I am looking for advice on financing of a fix and flip where the property is purchased in cash but I need money for renovations. Long story short, I won a sheriff sale auction back in February which is finally ...
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Trying to check in with Northern Virginia (Arlington, Falls Church, Alexandria, Fairfax, etc) or Washington DC/Montgomery county investors to see if you guys had any recommendations on DC area local banks that will do...
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Hey BP,I am looking for an opinion on my potential strategy to get started in REI.This strategy would include a direct mail campaign where I would target property owners with 100% equity in residential multi-family pr...