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17 February 2025 | 0 replies
Bathroom:Demo & Prep ($750):DIY toilet, vanity, and flooring removal.Professional plumber for plumbing adjustments.Toilet ($250):Standard, efficient model.Vanity & Sink ($900):A modest-sized vanity and sink combo.Flooring ($500):Wall Tile (Shower/Tub Area) ($1,000):Basic ceramic tile for the shower/tub surround.Shower/Bath Fixtures ($250):Update showerhead and faucet.Lighting & Paint ($250):DIY painting.Update light fixtures.Permits & Contingency ($3,000)Total rehab cost: $30,500Amount Needed: $30,500ROI: 45% of $30,500Investment Duration: 30days Profit: $13,725Total payout in 50days: $44,225EMD: The buyer has put down a 20% earnest money deposit based on the property’s ARV and they are all set to complete the purchase as soon as the rehab is done.To find out more about our Joint Venture projects, please visit our website: http://strandparkproperties.comWe're able to guarantee the return on investment (ROI) by finding buyers for the properties before listing them on our website for possible joint venture fix and flip.
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11 February 2025 | 5 replies
Obviously it is always a good idea to respect folks time, but find someone who also has skin in the game, investing where you are investing, can talk about their experiences, and also has built a network of folks who can support you after the transaction as well.
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29 January 2025 | 5 replies
(Respectfully- Please don't tell me to save up and quit my job it's just not realistic for me and won't be anytime soon)If you read the threads on BP concerning wholesaling, you should be able to draw a few conclusions1. 99% of people trying wholesaling fail2.
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10 February 2025 | 5 replies
That said, I have a good friend of mine who is very well seasoned in this space, whom i have immense respect for, once told me he won't work with anyone who he hasn't known for at least 5 years.
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5 February 2025 | 9 replies
I saw someone I know who I respect a lot who just created a raising $ course and they struggled to raise a few million over the past few years.
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31 January 2025 | 46 replies
@Nkiruka Okeke - That's the case with any website.
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19 February 2025 | 11 replies
.- Issues with cleanliness and respecting common areas.- Requests for repairs at inconvenient times.- Navigating tricky landlord-tenant relationships when you live on the same property.While some people thrive in this environment, others find it difficult to balance personal space with their role as a landlord.### 3.
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9 February 2025 | 33 replies
This group is an incredible collection of midterm rental hosts who support one another by offering advice and suggestions, being a sounding board for each other, offering mentorship and collaboration opportunities and share our respective networks.
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18 February 2025 | 14 replies
I have not invested too much time into this website because I have been busy getting a rental unit ready with renovations and other things.
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19 February 2025 | 15 replies
However, I have contacted the Secretary of State office and it states on their website that there it is a one time filing/fee to form an LLC there.You will typically want the LLC setup where the asset is located.