"Found this off-market through direct mail. Needs cosmetic work + HVAC. Seller wants to close in 2 weeks. Thoughts on the rehab budget?"
4BR/2BA — Indianapolis, IN 46203
Fix & Flip · Submitted by Keisha R. · 5h ago
71
Ask $128K
Rehab $38K
ARV $230K
70% Rule $123K max
Margin 18%
"Listed at $128K but has been sitting 45 days. Kitchen and both baths need full gut. Running tight on the 70% rule — how hard should I negotiate?"
Duplex — Kansas City, MO 64108
Buy & Hold · Submitted by James W. · Yesterday
82
Price $185K
Total Rent $2,400/mo
Cap Rate 7.2%
DSCR 1.31
CoC 9.8%
Cash Flow +$780/mo
"Both units occupied with good tenants. One lease expires in 4 months — rents look below market by about $150/unit. Should I close before or after that lease expires?"
3BR/1BA — Cleveland, OH 44102
Fix & Flip · Submitted by Devon A. · 2 days ago
41
Ask $89K
Rehab $52K
ARV $155K
70% Rule $56.5K max
Overpay by $32.5K
"Loved the neighborhood but the numbers don't work at ask price. Seller won't budge. Community confirmed — walking away from this one."