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Results (10,000+)
Pradeep Varghese Using Fund and Grow along with Plastiq for paying down payment
16 February 2025 | 27 replies
Plastiq asked me to send them the title company's contact info, and upload the final closing docs and the purchase and sale agreement with any addendums.
Brandon Stelling Looking for Insights on RV Rentals at a Campground
19 February 2025 | 10 replies
I have seen a lot of these type of places for sale in TX and wish i could just pick one up and drop it in CO to do the same thing.
Chan Park Plumbing Issue - Landlord's vs. Tenant's expense
29 January 2025 | 14 replies
There is a 92.7% chance they are lying about the insurance.
David Burton New member learning to wholesale! Milan, TN.
2 February 2025 | 7 replies
A lot of forum members are experts in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, buy and hold investing, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, the Bigger Pockets blog features links to their fantastic podcast and many great articles: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.
Brian J Allen Supermarkets in Worcester: Shifting Landscape and Closures
17 February 2025 | 1 reply
.- Loss of Alcohol Sales: Price Chopper previously sold alcohol but stopped in recent years, potentially impacting revenue.- Triple Net Lease Costs: Rising property taxes, borne by the tenant, add financial strain.- Increased Competition: Discount retailers such as Walmart, Target, Aldi, Dollar Tree, and Family Dollar provide alternatives that attract budget-conscious shoppers.A Closer Look at Worcester’s Retail LandscapeA brief examination of supermarket properties in the area highlights financial and logistical challenges:- 29 Sunderland Road: Built in 1960, this 46,050-square-foot property sold for $4.1 million in 2022.
Mark S. preREO - First Mortgage Secured by Vacant Property
24 January 2025 | 42 replies
My foreclosure sale date is the end of March 2023 and I will not anticipate getting paid from the sale for another 5-6 months. 
Devin James Gross Margin Calculation for New Construction
28 January 2025 | 10 replies
Quote from @Devin James: Gross Margin is an important calculation for developers/builders.Gross Margin = Gross Profit / RevenueWe shoot for a 20% gross margin on our New Construction HomesReal #’s:Home Sales Price: $374KClosing Cost: $18,700Cost of Construction: $258KLand Cost: $30KGross Profit = $67K$67K/$374K = 17.9% Gross MarginCame slightly short of our goal of 20%Homes Values and Build Costs are constantly fluctuatingI wish we had a crystal ball build larger homes. average new build in our market is 2200 square feet, 4 beds, 3 baths, 2 car garage and sells for 515k. construction costs lower if design is good and find the median or average home sale price and push that up. my guess is you built too small. 347k is cheap. we target 429-479k price range in columbus ohio for single family homes and also only purchase close to urban core where premiums are 20% higher and we build smaller like 1500 sq ft where price per square foot goes up. 
Jeffrey Bourque Fix and Flip Advice Needed
5 February 2025 | 4 replies
.$70k out of my pocket cash and sell the house when it is done for $360k to $400Kclosing cost $40k so 360 - 40 = 320 - 270 = 50K profit or 400k - 40k = 360k - 270k = 90k profitthe $360k is conservative for sale price chino hill ca.at least that was what i had bouncing in my head
Dave Gabruk Cost-Effective Renovations That Boost Property Value
4 February 2025 | 0 replies
Was sold above the asking price                   within days of listing.High ROI: Achieved a 50% return on investment due to low renovation costs and increased sale price.Investor PerspectiveRecognized the potential others overlooked by seeing beyond the property's initial appearance andm aximized profits by investing wisely in visible, impactful areas.
Kelly Taylor Recommendations for a Self-directed Roth IRA Custodian - Equity Trust anyone?
12 February 2025 | 12 replies
I generally see literature as such, and cannot tell if having a part time employee removes the chance of solo 401k or if the custodians just don't want to deal with it:"IRS rules prohibit contributions to a solo 401(k) if you have full-time employees, but you can use the plan to cover yourself and your spouse into retirement."