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2 May 2019 | 3 replies
When you factor in the costs from item #5, I don't see where you're going to end up in the positive side of this...as a hold.7 - If you sold it for the amount you say you will, and make the "spread" of $22,635, and took out the c.c costs of at least 10% ($17,000), you'd be left with around $5k.8 - There's no cushion for either hold or first year flip.
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8 May 2019 | 4 replies
I think it is very important to look beyond the hard data in screening tenants and also look at the soft data - such as, how they act in-person, their tendencies, social media, if their car is clean and things such as that.
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8 May 2019 | 5 replies
Those deals are often posted on Craigslist and sometimes on social media real estate buy/sell groups.Good luck!
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8 May 2019 | 2 replies
I discovered BP probably about 4 years ago wanting to learn about investing, and my interest slowly spread into taking on sales as a career possibility.
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9 May 2019 | 20 replies
I understand rot tends to spread throughout wood over time.)I responded to the GC via email telling him not to move forward with the plywood.
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7 February 2020 | 15 replies
I talked to some lenders and would be able to refinance with hard money, but that might be cutting my spread a little too thin, especially since I can’t legally rent it yet and am still a bit of a rookie.2) Being that it’s my first property and there are still some lingering issues, I’m wondering if taking on a financial partner to help turnkey and finish the BRRRR process would be worth it.
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11 May 2019 | 45 replies
I feel as though I need to spread some objectivity here as I see a lot of negative perceptions regarding wholesalers.
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11 May 2019 | 38 replies
If they're good tenants and you already make a good spread, then offer a slight discount on lease if they sign a 2-year lease.
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9 May 2019 | 2 replies
All of my education have been from BP forum members that offer alot of the same material at no cost you just have to find the Social media pages for their gems.