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Frank Barletta Forget flipping in the NorthEast.. Welcome to Fayetteville, NC

20 May 2024 | 5 replies

If you're considering venturing into the realm of flipping properties, Fayetteville, North Carolina presents a promising landscape.
Fayetteville, NC, stands out not only for its robust housing market but also for its...

Bri Sawyer Construction Contract Material Escallation Clause Issues

25 November 2022 | 8 replies

Has anyone run into issues with a contractor trying to enforce a material escalation clause in a construction contract? We have a turn-key build contract in which there is a clause that allows the contractor to pass ...

Steve DellaPelle Will All Major Cities Eventually Become Over-valued?

16 August 2017 | 17 replies

I am young at 24 years old and do not have much experience in real estate and the cycles that the markets inevitably go through.Some things that I have noticed are that we see some very over-saturated markets such as ...

Account Closed Inspection results: when to walk away?

8 September 2018 | 10 replies

Hi BP community,Once the inspection has been done, when do you walk away from a deal? I know there's no one answer to that but I'm facing that as I evaluate a fourplex opportunity.It's a brick building that is fully l...

Stacey Bochenski Comps Low Due to Wholesale Deals

3 August 2021 | 16 replies

Since the beginning of the year, I have purchased several properties in a neighborhood from a wholesaler, and I personally know of a second investor who has also purchased several in the same neighborhood from wholesa...

Account Closed Cyclical Markets -- Buy low sell high & invest in other markets

21 August 2016 | 0 replies

Curious to learn about other investors that see the US as a playing ground for real estate. More specific....... I believe, like the stock market, real estate is similar. In RE we have value buys and every city a...

Terry Royce Renegotiating a contract

25 August 2008 | 3 replies

I have a contract with a seller, the house may need more repairs than originally thought.

Asking price was 160
FMV in as-is condition 170-180
ARV 220-240

My price 123
Original estimated repairs 20-25
New estimates 3...

John Thedford What Is The Typical Discount On REO In Your Market?

29 January 2014 | 3 replies

I realize this question is vague. In SW Florida, houses that don't have major issues such as Chinese drywall appear to be priced about 10-15% below average retail asking prices. There is little margin for investor...