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Results (10,000+)
Hermes Kanaris Wanna be a surgeon? Dissect this deal with me.
30 December 2024 | 14 replies
Let’s break it down with the 70% rule to see if it’s investor-friendly:ARV: $190,000 (taking the middle of $180K-$200K)70% of ARV: $190,000 * 0.7 = $133,000Minus Estimated Repairs:Roof: $20,000AC: $4,000Additional repairs (general estimate for a property needing updates, say flooring, paint, minor plumbing): $10,000-$15,000Total Repairs: approx. $35,000Max Buy Price for Investor: $133,000 - $35,000 - $10,000 (wholesale fee) = $88,000Since you’re getting it for $91,000, you’re close, but to make it irresistible, consider negotiating the purchase price down a bit further.
Carl Reza No clue what to do first!
23 December 2024 | 10 replies
A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.
Mark Berardi How’s is Gatlinburg
26 December 2024 | 8 replies
My cabins (1 to 5 bedrooms, all with views, and all except the 1 bedroom is further from town) are still performing well and most are on track to meet or exceed 2023 returns.The days of buying and everything running easy with people filling your dates and throwing cash at you are over.
Marshall Robins Creating Multi-family or Splitting lots for returns in California - SB 9
26 December 2024 | 3 replies
Duplex Development Made Easy - SB 9 permits property owners to convert single-family lots into duplexes.
William Stephen Uren New member looking to learn
17 December 2024 | 7 replies
Asking in the correct forum will get a better response.Read the RULES!
Jonathan Greene 5 Reasons You Aren't Making Connections With Clients on BP as an Agent
30 December 2024 | 12 replies
It's really that easy along with knowing your business inside and out.
Craig Oram JWB experience - My thoughts, let me know yours
30 December 2024 | 24 replies
The PM business is not an easy business and most have fair fees for the work that's required.  
John Malone Are you aware of the new Corporate Transparency Act Coming in 2024 (every LLC)
31 December 2024 | 22 replies
Before the day ended, FinCEN released a public statement regarding the Fifth Circuit's ruling, announcing an extension of certain reporting deadlines to allow more time for compliance.
Scott Baker New to the community
25 December 2024 | 2 replies
A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.
Michael Bertsch Fireplace
21 December 2024 | 14 replies
We have not disabled ours or converted to gas, but Tenant must sign a Fireplace Addendum stating if they use it, we require a higher renter's liability policy with us as additional insured, rules on wood, storage, use, safety, they pay for yearly professional cleaning each year they are there, etc.