I have read that flippers tend to sit around the 70% mark for buying vs ARV for flipping properties. Is this what most use as a number? What do you use for a percentage?
I'm new to investing have a local investor that mentors me , I'm going to be closing on my first deal and starting to feel nervous and wondering if this deal is a good deal
Purchase price $153,000
3 units
Unit1- 1 be...
Hi everyone, I've been looking for my next fix and flip project for a few months now, have made a few offers, and have been getting beat by all-cash offers. Knowing I can't compete with these cash offers and from read...
Pricing your home is tricky and can be the hardest part of selling a home. Setting a price can make the difference between selling a home quickly and having it remain on the market for months. Here’s what you need to ...
In July 2011, I sold a SFR in a small town in NC. The selling price was $87,900 and the buyers had a downpayment of $19k+. I financed the balance. The payments were to be made every 2 weeks (at their request, since t...
Hey guys, newbie here. I've been doing my research and I'm positive that a househack is the way to go to for my first investment. I know I want to purchase a 4-plex on an FHA loan but I want to know what the real "cat...
My family currently lives in Burbank, California and I am planning on moving them back to Gilbert, Arizona next year. We live in a house that is around 100 years old that has no central air. We have a few window units...
Hey all..interested to hear some discussion surrounding the recent BP Podcast on Asset Protection (the "YOU WILL GET SUED" issue)So far I have 7 rental properties all multi unit having several units each, and they are...
When doing any remodeling work on a property we’ve taken back, we’ve always pulled our own building permits and then had our designated contractor do the work. However, I recently read something about this and it said...
Hi, kind of long story here, but I am looking for ideas on how to approach and structure purchasing a property from my Dad and his siblings as my grandmother recently passed away and they are talking about selling the...