Hi all, quick question today.I've been looking at a few older property listings while searching for a buy-and-hold rental property in Michigan. I'm aware that I should be watching out for "red flags" on these older pr...

Hey all, Looking for some help. This is my first property, and i am having a hard time understanding the numbers.  Reo for 218kI want to offer 170k, this is a 203k with estimated 50k in repairs. i am asking seller (ba...

I got a report from property management that tree is infected in a rental property I own and needs to be removed. Property management screened three vendors and Estimate is at 3200. Does tree removal cost that much? I...

I purchased a sfr 3810 sq feet, for 135K, my Realtor said the ARV would be 250K I renovated the upstairs the roof and the outside of the house cost was 25k, put the house on the market for 230k no offer very little...

We bought an REO townhouse in Nov 2011 for $91k (bank was only accepting cash deals), rehab costs $25k. The property is now conservatively worth $170k. Our original intent of this purchase was to live in the tow...

I'm a beginner and come across wholesale deals I see from being on mailing lists etc and would like to get some help on an efficient way to decide if I should put an offer or not. For example, I have a realtor I came ...

I getting close to finishing up the rehab on my first flip.  So far I am within budget except possibly for one thing.  The driveway is in desperate need of repair to the point where patching may not be an option.  My ...

The 50% rule of commercial real estate. You should keep 50% of your revenue as earnings. Is this before or after the mortgage?

1)How much is generally required for earnest money? Is there a state standard percentage of how much money is needed for EMD? (I live in CA, btw.) or is it just negotiable?2) Can you use a credit card to pay for the e...

Hello everyone,I currenly have a deal i'm about to put under contract on a property that needs extensive work. It's about 950 sqft, 2 bed 1 bath with a detached garage and comps sell for 145k-150k range. Due to the co...