I got a call from a absentee direct mail campaign. Homeowner is interested in selling. Renovation was started but still needs to be finished. Owner can straight out and said comps were 400K and he would not entertain ...
Hi, everyone!
I wanted to ask for your feedback on how I am currently evaluating properties. I am new to investing but eager to learn! I've read a few books, attended webinars, networked, etc, and I plan to keep doin...
Hey everyone I have a offer of 25000 that was accepted and it’s not in the greatest area the few houses around it seem fine but after you go down the next block it doesn’t feel so safe. The rent is around 600-650, the...
Hi guys, I'm living in Ireland, Dublin and I'm living in an apartment to much clean or new. Anyway, I'm doing some fix in the apartment and the place has become very good to live, but I'm speeding a few time to fix an...
I'm going to use my homes equity to help with my first brrr purchase. (Don't know what that is yet.) We have some money to home repairs to help with the appraisal. We need a new roof but that will leave us not much mo...
Hello to all,
So you see the situation in the description. The seller is older and not aware of the possibilities of the property and doesn't want to deal with rehabbing. My idea is since the Owner has close to 100% ...
Sharpening the Numbers💥 In today's market you really need to be able to correctly sharpen your numbers when making offers on Multifamily properties!
👉 From your rent comps, taxes, insurance, payroll, CapEx, debt, etc...
I'm looking at an REO townhome that is currently priced at $100,000. Rents are about $1200 in the area and the homeowners fee is $50 per month with property taxes at $175 per month. Let's assume insurance will be ab...
Need some input on the following deal:
Units: 1,2, & 3 bdrm townhouses (majority 2/3 bdrm)
Section 8 (renting under market price)
Occupancy: 80%
Price: $12,500 per door
Cap Rate: >10%
This is the first apart...
Stats for this deal a fellow wholesale friend in ST Louis Metro
Total rents $900 per month $450 per unit
Asking price only $28K All brick with detached brick 2 car garage
Not so good news 1 Bedroom 1 Bath each...