Jewel B.
Order of Operations
One thing I'm currently struggling with is the order of operations.
1. Browse the market (MLS, Craigslist, Facebook marketplace) for potential properties, keep an eye and ear out for off-market (network)2. Pull aside...
Account Closed
Flippers, how did you figure out accurate pricing/negotiations with contractors.
I am trying to learn how to properly estimate rehab costs and negotiate with contractors. I’ve heard a lot about contractors taking advantage and overpricing. Any advice would help.
Andy Whitcomb
Best book about managing a rehab (and keeping it on budget)?
Can anyone recommend a book or other resources that I can use to educate myself on systems and processes to improve the rehab process, specifically related to budget?
I have done 4 rehabs now (buy and hold), and I'v...
Michael Oldani
Guidance
HiI am very interested in getting into REI. I've been reading books and reading articles on different ways but I'm still a little confused. At first, I wanted to flip houses then I heard something that it was a big he...
Sandee Sampson
Is a house ever too bad?!?
I just looked at my first house and there looks to be absolutely nothing salvageable!!!
What would be an estimated cost to redo an entire house with swimming pool?!?
Tim Henderson
Getting quotes from contractors on "potentials"
Hi BP community,
I am looking into getting into my first deal, looking to do the BRRRR method on a smaller single family in a developing neighborhood.
As I'm looking at properties and analyzing their potential, reno...
Madison Heck
Best way to finance a rehab
My investment partner and I are looking to close on a property around $200,000 in value. We have enough capital for the down payment + closing costs (≈$50,000) but are trying to figure out how to best fund our rehab.W...
Victoria Monahan
Conventional 20% down or private loan
Hello BP members. I have read every BP article that comes my way and can't get my hands on enough real estate books. It's been my obsession for the past 2 years. We recently purchased a 2-family home in NY (long is...
Jordan Forbes
Questions about this deal I want to get under contract
If I wanted to get a house under contract it was listed at 110k needs 60k or more RC And fully updated would sell for maybe 170k low 200 how much would the profit be for the real estate investor and how much would be ...
Gerardo Lewis
Costs needed to keep in mind for a flip
So I'm working on my first flip right now and I want to be sure I am taken into account all the costs I should keep in mind.1st Loan amount2nd rehab cost3rd holding cost4th selling costis there anything I'm missing?