Lavar Harden
In the middle of COVID
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $89,900
Cash invested: $26,449
Sale price: $184,900
Purchased at $89,900
Repair Costs of $53,507
Sold at $179,7...
Ivonne Hunter
Rate lock in fees on investment triplex property
Hello to all, I’m recently got into escrow on my very first investment property and when going through all of the fees to close I came across a “lock in rate” fee which is to lock in the 6.125% interest rate at a whop...
Ben C.
New Jersey Real Estate Flipping Tax Implications
Hello everyone!I was shocked to learn that the tax implications of flipping property in New Jersey could make it cost prohibitive (eat of most or all of the profit). Are there any New Jersey season investors that coul...
Chetan P.
Plumbing company asking $1800 for hydrostatic testing
Hello - Folks I am remote property owner of SFH in Austin area. I own a home relatively new (5 years) and there was a major leak in the house that I had to get fixed and a lot of restoration work is needed. I believe ...
Adam McEniry
Fair Structure for a Mentor-Mentee Property Joint Venture?
Hi I'm wondering if anyone is willing to share the basic facets of a mentor-mentee Joint Venture partnership, where the mentee (me), will put most of the cash down in return for the leadership of an experienced invest...
Rod Davis
Lien on potential SFH purchase
I just spoke to a home owner about purchasing his deceased sister’s house. He told me he is looking to satisfy the lien and put a little money in his pocket. The home is valued at $80k. However, when i looked up th...
Dave Madoch
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.I am trying to put together an argument to sell this property and buy a multi-family. We originally lived...
Constancia R.
Loan ideas needed, big fixer-upper
LOAN IDEAS NEEDED. We have the opportunity to purchase for 96K a home with an ARV of 200K. The things we'd have to hire out are roofing, insulation and electrical.What we'd like to complete ourselves are siding, floor...
Jasmine H.
Rental Property Insurance
We currently use USAA's insurance for our rental properties. I just reviewed the renewal policy and the premiums for each have gone up by a whopping 25%. At this point, I don't feel comfortable holding on to these po...
Ken B
How does this offer sound?
According to the info from the owner and neighbors, the owner moved to out of state about 5 years ago, and the house has been vacant ever since. The house is located in NY, about 20 minutes from NYC. I took a look at ...