
30 November 2024 | 1 reply
I’m trying to utilize 1% rule and it’s tough with current market

4 November 2024 | 6 replies
Looking for some opinions please..I am on track to close on my second investment property (3/2) in a few weeks or so with flexible plans for the Seller to rent it back at a discount for a couple months.

3 November 2024 | 10 replies
This plan was going to allow me to cash flow but was going to take more capital to complete.

29 November 2024 | 10 replies
@James Colvin Welcome to BP!

30 November 2024 | 0 replies
On Page 134, he lists the following when analyzing a deal:Sales Price: $132,490.00Sales Expenses: $17,000.00Loan Balance: $55,004.72Total Invested Capital: $35,950.00Profit: $24,535.28I agree with his thought process here when he calculates net profit, but I'm trying to verify the net profit by adding up all the sources of income over the past five years in his example by doing the following:Appreciation over five years=$12,490 (see chart on Page 133).Cash flow ($297.73x12x5)=$17,863.80 over five years.Loan paydown: ($60,000-55,004.72)=$4,995.28 over five years.Sales Expenses are still $17,000.Doing the math, profit= $12,490+$17,863.80+$4,995.28-$17,000=$18,349.08There is a $6,186.20 difference from the net profit he calculates.My question is: Is this $6,186.20 difference due to the forced appreciation gained in the property from the rehab he does in this example?

8 November 2024 | 4 replies
With the current market been short on single family homes in our area we have made a strategic decision to pivot back to flipping a few properties.

8 November 2024 | 14 replies
Looking forward to hearing your thoughts!

6 November 2024 | 2 replies
Cutting corners to save time might seem like a good idea, but it can lead to expensive repairs later on.

31 October 2024 | 8 replies
I have nearly $100k to invest but would like to use it in a way that multiplies it and doesn't tie it up for long periods of time.

5 November 2024 | 6 replies
However, this seems unlikely given the current high interest rates.I don't anticipate significant interest rate fluctuations for the next 6 to 9 months.