Courtney Murphy
Tell me about auctions
Hello BP Community,I am curious how people estimate rehab costs on an auctioned house that you aren't able to see ahead of time.Is there a formula? Exit strategy is rent or flip depending on what the market is doing w...
Kenneth Jenkins
How to Build a Solid Team When Looking to Scale
I've received this question from 3 investors in the past week so I'd like to just put my 2 cents out there for what works in my current market. A little bit of background, I own and manage several hundred doors in th...
Omar Diaz
Should I use a portfolio lender?
Hello BP community, I discovered portfolio lenders recently and have been reading on what they are and what advantages they offer. My question is, can I/should I go through a portfolio lender for purchasing my first h...
Mike Jamieson
Bigger Pocket Books
I’ve been listening to the Bigger Pockets podcast. I just purchased all four of the books they have to offer (BRRRR, long distance investing, flipping houses and rehab costs). Just wondering if there is an order I sho...
Jason Malabute
Sales question about apartments
What’s a better sales tactic for properties that you have not talked to the decision maker and you are submitting an offer (ie direct mail/ call)… is it better to assume all the units needs rehab and offer a lower dol...
Kees Boer
A Book on Costs of Repairs
Hi, I was wondering. Is there a book that will teach me how to calculate the costs of repairing a house. For instance if I wanted to do a flip. How would I know how much the repairs to a house would cost, so that I co...
Brent F.
Funding new company
I'm just getting into flipping real estate. I formed the LLC and have the offer in on the house. Now I'm not sure how I should fund the rehab cost. My initial thought was to transfer 25k into the LLC threw my personal...
Cody Clapp
Need a partner for a flip and sell in ohio
Found a deal in central ohio that has a potential of bringing in 60-75k profit. I am looking for an investor to front the rehab costs for the home with a return of 30% on the profit. Any potential investors?
Thang Nguyen
Hi i have the house would like you guy estimate for us.
Hi i have seen the house arv 160! The house have been rent since 2001. The owner asks me for 130k. When i checked the house. There are foundation problem, a lot kf broken tile, ex and interor paint, instead of 2, ther...
Calvin Strain
How do you run YOUR numbers?
What is the formula you use to run your numbers on a flip? I was recently listening to a BP podcast and Brandon talked about how every property has a number. How do you calculate your number?