Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Chris Magistrado Are these numbers in The House Flipping Framework book correct?
12 February 2025 | 3 replies
Here is the statement expanded to include formulas for doing one flip per year, two flips per year, five flips per year, and ten flips per year: One flip per year: If you start with $50,000 and do one flip per year, aiming for a 35 percent return, your progress would be: Year 1: $50,000 + (35% × $50,000) = $67,500 Year 2: $67,500 + (35% × $67,500) = $91,125 Year 3: $91,125 + (35% × $91,125) = $123,019Two flips per year: If you start with $50,000 and do two flips per year, aiming for a 35% return on each, your progress would be: Year 1: $50,000 + (0.7 × $50,000) = $85,000 Year 2: $85,000 + (0.7 × $85,000) = $144,500 Year 3: $144,500 + (0.7 × $144,500) = $245,650Five flips per year: If you start with $50,000 and do five flips per year, aiming for a 35% return on each, your progress would be: Year 1: $50,000 + (1.75 × $50,000) = $137,500 Year 2: $137,500 + (1.75 × $137,500) = $378,125 Year 3: $378,125 + (1.75 × $378,125) = $1,039,844Ten flips per year: If you start with $50,000 and do ten flips per year, aiming for a 35% return on each, your progress would be: Year 1: $50,000 + (3.5 × $50,000) = $225,000 Year 2: $225,000 + (3.5 × $225,000) = $787,500 Year 3: $787,500 + (3.5 × $787,500) = $2,756,250The key points remain the same, which is to aim for a high return through flipping, reinvest the profits to compound the gains, and be disciplined in order to build significant wealth over just a few years of this real estate investing strategy.
Jamie Parker Keeping your game face on
10 February 2025 | 8 replies
When I walk a home with the seller, I am waiting for opportunities to interject a statement or question.
Michael Marden 2nd Long Term SFR by beginner in AZ
31 January 2025 | 3 replies
If my business owner bank statements did not gain me an approval, I was going to go the hard money route.
Michael Almand Paying a contractor for a scope of work
28 January 2025 | 9 replies
: Hey @Michael AlmandI am analyzing a tool called 'Rehab Estimator' that helps you estimate rehab costs in your area and generate the statement of work (SOW) based on your selections.
George Suarez Subject to QUESTION
23 February 2025 | 16 replies
Code § 1343 - Fraud by wire, or commits unjust enrichment, or violates 18 USC Ch. 47: Fraud And False Statements, or perpetrates a foreclosure rescue scheme, or takes advantage of "protected person" or violates the Dodd-Frank law and/or the S.A.F.E.
Laura Higgs Infinite Banking-Starting your own or buy into someone else's company?
27 February 2025 | 11 replies
If you understood these policy designs, you would never make a statement like "It can take years to access the cash value".
Henry Clark LA Fires Taxes and Insurance
31 January 2025 | 2 replies
Also prevented us from making wrong statements on our part which would have reduced the claim.3.  
Josh Smith HOA management in Pigeon Forge
1 February 2025 | 3 replies
Shortly after this, I was reviewing some of our financial statements one month and noted a $2000.00 charge from the HOA management company. 
Nina Erlandson Has anyone used Obie Insurance?
10 February 2025 | 59 replies
SIGNED STATEMENT OF INSURED AS REQUIRED BY SECTION 3905.33 OF THE OHIOREVISED CODEThe named insured ___________, acknowledges that the insurance policy (other than life insurance) as described above is to be placed with an insurance company not authorized to do business in Ohio.The insured understands that the insurance company is not a member of the Ohio Insurance Guaranty Association and that Chapter 3955. of the Ohio Revised Code is not applicable to claimants or insureds of said insurance company.
Kaleb Garrett Developing a solar farm?
2 February 2025 | 10 replies
Remember some organizations develop solar for their image and the feel good aspect, not the financial profit.This statement can be applied to any form of new energy development.