Adam Craig
Making to jump to apartment buildings newbi question
After buying 12 single family homes - I have come to think the sooner I transition to apartment buildings the better. Economies of scale and bigger numbers make apartments seem more appetizing.I have a commercial lend...
Alex Price
Wholesale Duplex In Ohio
I've a beautiful duplex in Cleveland, Oh that needs no more than $10K worth of work, and that's clearly an overestimation!
I am selling it for $25K and after the work is completed
the numbers will look like this:
Tw...
Patrick Wheeler
LLC And Rehab Friendly Lenders
Hey Everyone,Is anyone using, or has used a lender that lends to an LLC and lends a percentage of the purchase price + rehab cost? After calling a ton of banks, I have a better understanding of the ones that will lend...
Diego Figueroa
Need help on splitting the profits of a Double-Close
Hey BP!I'm helping another wholesaler find an endbuyer for a property in Kentucky; so we're looking to split the profits of the deal, similar to splitting an assignment fee.The property's under contract for $39,900; b...
Lincoln Tudor
Meeting with a seller next week Help!!!!!!!!!!!
I recently started a direct mail campaign in Washington DC, and I'll be visiting my very first lead's home next week to make an offer. The Seller owns his 1bed, 1bath Condo free and clear and is looking to receive at ...
J Anders
Advance Planning for Flipping Houses
I was looking for books on home flipping, and found "The Book On Estimating Rehab Costs" and it's sister book which led me here. I consider myself to be a relatively successful handyman in small town Iowa. I currently...
Alan Hale
flipping house numbers and return metrics
We just finished a flip in Waco and sold it. Now that I'm going over the numbers on our flip, I have a ROI formula question:ROI = (ending value - starting value) / (starting value).We went into our flip with 45k sta...
Phil Ferranto
Adequate reserves vs. rehab budget
Hi everybody, I'm shopping for a 30-50 unit MF apartment building and am trying to work some calculations for reserves and rehab costs. I have an ever growing list of data points that suggest investing at least $5,000...
Bob Pakney
Cost Worksheet
I am working towards doing my first wholesale but I don't have a worksheet that will work for wholesales. I will try to attach my excel spreadsheet that I am setting up for normal property purchases. Could you guys ...
Alex Clark
Starting out right, valuing rehabs and deals accurately
Hi BP,I am a new real estate investor and am interested in starting out with wholesaling. I currently work a full time job and plan to learn and build my business at night and on weekends. I have read many of the po...