
19 March 2024 | 6 replies
These advantages include cash AS-IS offers, no requirement for repairs, flexible closings, zero realtor commission, cover probate fees, advance payments before the COE, post-occupancy agreements, no closing costs, and no formal showings or appraisals.Having previously flipped houses, I know how important is a good wholesaler to a flip and flip company.

20 March 2024 | 13 replies
When working out the money side, remember this formula: Cash on Cash Return = (Annual Rental Income - Annual Expenses (including HELOC interest)) / Total Cash InvestmentExample:HELOC Used for Down Payment: $50,000HELOC Interest Rate: 6% (This can vary)Annual HELOC Interest Expense: $50,000 x 6% = $3,000

19 March 2024 | 323 replies
However, will this include access to the audiobook...like several other BP books?

19 March 2024 | 24 replies
You have full access to see what similar homes with similar finish outs of your final product are selling for to back into an accurate ARV.4) Lastly, as someone who has house hacked myself I would make sure you understand how a lender will analyze your second property.
20 March 2024 | 4 replies
There is a story circulating about a group of criminals stealing in NY then going to different states (including FL) to spend the $ they're stealing up here.

19 March 2024 | 5 replies
To clear 1 Million on a deal you'd need to find a deal spread of 2 million because after closing fees, agent fees, and taxes you get half the spread.To find a deal with a 2 million spread it have to look something like Purchase 2 millionRehab 750kARV 4.75 MillionYou''l clear one million after closing on the sale of finished product but you'll need to be at least 1 million liquid to get the deal done.

19 March 2024 | 3 replies
On the AK LTA handbook it says what your 30 day notice should include.

20 March 2024 | 7 replies
Here's some advice to consider as you begin your journey:Educate Yourself: Take the time to learn about different real estate investment strategies, including BRRRR (Buy, Rehab, Rent, Refinance, Repeat) and turnkey properties.

19 March 2024 | 5 replies
This is where you report negative income amounts, including NOLs.Calculate the NOL Deduction: The NOL deduction allows you to carry the loss forward to future tax years to offset taxable income.

19 March 2024 | 9 replies
Include cost estimates for materials and labor.