Mike Creswell
Another brrr complete!
Hey all, gotta tell you about my surprise today. We bought a house on 7-29-16 for $34k, finished rehabbing on 9-1-16. Paint, flooring, new interior/exterior doors, water heater, moved washer and dryer out of kitchen a...
Benjamin Blackburn
1st Wholesale deal complete! More to come!
Hello BP,Thought I’d share my first deal with you all. I won’t take up too much of your time.So this deal actually came from cold calling old Zillow listings that were about 100 days old. So I called this listing tha...
Sachin Bhat
Having hard time finding properties that match 50% rule :(
I bought an sold 2 properties and own my single family 5 bedroom home in CA which I am currently house hacking and living mortgage free. Living frugal life and saving to invest over the years I saved good chunk of mo...
Brandon Halley
Example of a six figure flip
I closed on this house 3 weeks ago and decided to share the process start to end. It was an off market property but there were agents involved. I looked at it with mine and even for a contractor/flipper it seemed a li...
Nick Brown
Broker providing different cap rates. Which to underwrite with?
Hey!I'm trying to underwrite some properties and a broker often sends info like this:Currently 65% Occupied. The Projected Net Annual Operating Income at 100% Occupancy with units leased at market rates is $109,500 ...
Stacy Davis
Rehab property w/large amount of mold?
Experienced fix n flippers, do you consider rehab properties w/large amounts of mold or just stay away? If you consider them, how have you handled the issue?
Dominique C.
Take over property or not (deed issue)
HelloHoping someone can help with this answer before digging in deep. I have an elderly ill father with two mentally handicap brothers in the state of Florida. He wants to bequeath his home to me so that my brothers...
Richard Bateman
What is normal as far as fees from a property management company?
I've been working with a "turn-key" real estate company that I've been very happy with up until this point, but today they gave me the actual agreement for the asset management on-going portion and there were a couple...
Daniel Dietz
SDIRAs and Partnering with Self or Others?
Hello,
I have a BUNCH of questions about SDIRAs! I will put them under a couple different titles to keep things easier and clearer within the threads.
I have acquired the right to but a great older immaculately maint...
Larry Sarner
Getting that first deal done
So I have a potential deal: Bank owned condo 2/2. Recent comps $280-290k. Bank is asking $199. rehab estimates come in at $57-$60k. I'm offering $120k. I'll probably get laughed at but factoring in the carrying ...