All Forum Posts by: Samantha Otero

Hi everyone!

I'm currently looking for my first fix and flip property in St. Louis, MO. There are so many deals but I am struggling with calculating my profits using the BP calculator. I used the 70% rule formula, but after plugging in the cost of hard money lending, I'm having trouble estimating the profits. Does anyone have a formula or any suggestions? Also, any advice on how to calculate closing costs for when it's time to sell? Thanks! 

 Hi Alex, nice to meet you! Just sent you a private message. Looking forward to hearing from you. 

Hi Jordyn! I am also new to the STL area and looking to connect with other investors in the local area. Hoping to find a house to flip soon as well. Let's get connected! 

Hello Everyone,

I'm a rookie investor new to the St. Louis area looking for my next flip! Currently, I have one rental property in Miami, FL with two units total. I am open to meeting investor-friendly professionals such as local Realtors, Contractors, or Wholesalers to help me find my next project! Looking forward to connecting :) Thanks! 

Hi BP Family!

I just recently posted my very first rental property up for rent using Zillow Rental Manager. Within 24 hours I was messaged by three corporate leasing companies offering to pay full price as long as I allow them to sublease.

Being that this is my first property, I purchased as a primary home using 20% conventional while I live with my parents. Is renting to a LLC before the 1 year mark of a primary residence legally acceptable? I do not intend on claiming homestead on my taxes. Thanks in advance!

Looking for highly motivated RE investors to partner with.

I really enjoyed reading your thread about your first BRRRR experience! It's great how you chose to look on the bright side the entire time. After all, there is great value in learning!

Thanks for the information! 

Hi Alex! I'm also a beginner investor in the Miami area. How about purchasing a single family home with extra square footage, creating a private entrance for a room, and doing the house hacking method this way? You can even try AIRBNBing the room and make some extra cash!