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4 February 2020 | 0 replies
Purchase price: $67,500 Sale price: $69,000 Simple wholesale deal.
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4 February 2020 | 7 replies
You can then involve a title company to ensure it is your property after the transaction.That being said, I am a simple guy and haven't ever tried anything like this.
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5 February 2020 | 11 replies
I'm reading tons of threads and articles on Fix n Flips...I'm still not understanding the numbers.Look, I like to keep things as simple as possible...I feel like, we as humans have a huge problem making things more complex than they need to be.Let me give you a mock up example that I pulled from a fix n flip thread right here on BP...these are the end results:" Sale Price=$265,000Rehab Costs=$44,000Closing Costs=$15,000Holding Costs=$5,500Purchase Price=$156,000Net Profit=$44,500 "This is one of many cases I'm seeing around - I don't understand....if...u put in 66k...but profit 44.5k - it sounds to me like you just lost about 15k after all your hard work and efforts to flip the house.
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8 February 2020 | 55 replies
Fairly simple.
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5 February 2020 | 4 replies
Simple things that need a little TLC that you can tell have been neglected.
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5 February 2020 | 4 replies
So title company suggested that maybe a real estate attorney could do some simple paperwork for the the deed showing the SDIRA is "selling" 20% and the new deed would read "xyz-LLC" 80% owner and "XYZ" (private person) 20% owner.Any ideas/previous experience/guidance/suggestions?
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4 February 2020 | 2 replies
Tonight I went to a home to sign the REPC with a guy I’m buying a home from.I engaged with him a few weeks back and he was relieved to meet me because I can make thing so simple for him by buying w cash.i followed J Scott’s advice and asked the seller how much he thought the property was worth.
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5 February 2020 | 2 replies
This could range anywhere from full on online systems/dashboards to as simple as electronic door locks.
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10 February 2020 | 42 replies
If that property appreciates 2% (let’s use simple interest for ease of understanding) per year for the next 5 years it’s now worth $374,000.
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15 January 2021 | 4 replies
The method for checking Tax Delinquent accuracy is simple.