Greetings everyone long time reader 1st time thread starter and new to investing....started 5 months ago and just locked up my 10th and 11th property yesterday! 💪
Actually it was 2 houses from same owner yesterday. ...

I went to my first Sheriff Sale today and I am trying to get educated about the process.The starting bid was for 42,070.61and the auction went for 351,000.- This property could be worth over 900,000However it looks li...

Hello, I'm very interested in buying foreclosed houses. I came across some intriguing offers and I'm curious about how the appraised value is determined and how accurate it is. For example, if I find a house listed at...

A CPA (in prior year) told me that if my rental property has avg rental period LESS than 7 days than my losses can be treated as "NON passive" on form 1065. in this case they go on page 1 of the 1065 and I do NOT comp...

The Shelby Farms Greenline is a 10.8 mile urban trail connecting Midtown Memphis to Shelby Farms Park–the largest park of its kind in the country. Managed and operated by the nonprofit Shelby Farms Park Conservancy, t...

A Realtor friend of mine told me that part of the new FHA rule allows the homeowner to purchase a home immediately after a successful short sale, if, they are current on their mortgage (the SS one) and all other bills...

Newbie REI based near Memphis.

Former Stock Broker ran into an old colleague last summer and asked what I knew about real estate. I told him nothing!

Not any longer. After exhaustive due diligence it feels as if I h...

I started using Stessa to manage a new duplex I acquired and have an issue I was hoping others using Stessa or similar PM software may know how to address. I use a PM to manage the duplex. I have linked Stessa to both...

Investment Info:

Single-family residence fix & flip investment in East Point.

Purchase price: $139,000

Sale price: $308,000

Contributors:
Adam Polokoff,
Matthew Overstreet,
...

Do you base this 1% test on ARV or total amount invested (Purchase Price + Rehab Costs)?

I find that I can rarely make the numbers work in my area based on ARV but If i use total amount invested (Purchase Price + Reh...