Real estate is easy to get into, but hard to earn a living. 87% of all agents quit within two years because they don't make enough money.

Investment Info:

Single-family residence fix & flip investment in Goodland.

Purchase price: $100,000

Cash invested: $35,000

Sale price: $270,000

Hey BiggerPockets Community,

I recently updat...

Quote from @Jaycee Greene: A few things I noticed, in addition to having the tenant pay the utilities are:1) Incorporate annual increases in rent higher than 2% (in your area, maybe 4%-5%) with a slightly smaller increase in operating expenses (say 2%-3%)2) With a gut rehab, I'm not sure why you need to spend $128/month on cap ex, at least for the first year or 2.3a) An 80% cash out refi is probably going to be hard to get.

Most of our newer investors approach 2-3 lenders to discuss loan options.Some lenders recommend making your financing inquiries within a 45-day time period to avoid larger drops in your credit scores.All the best!

I checked and my brokerage is hiring for a PM role right now so happy to make the introduction if you are interested.In terms of finding a property, I can also help you with that as a Realtor and Mortgage Lender in Arizona! 

I'd be happy to share a quick video overview of the software.

Ive been asked numerous times by folks if I could act as their GC for build-to-rent/build-to-sell properties.- How would this work from a lending perspective?

Property Sales AI which is an add on to the Left Main (Salesforce) CRM is amazing.

Welcome to BP.

I'm exploring options to purchase a new home as a primary residence within a 3 hour drive of Houston George Bush Intl Airport (IAH) with a USDA loan that I could turn into an Airbnb to rent out when I am not there because I spend a lot of time overseas.