Derek Meehan
Hello everybody! I'm just starting out and am willing to learn
21 June 2018 | 5 replies
My father is working 80+ hours a week in his 60's and has $0 for retirement.
Account Closed
Buyers refusing to show proof of rental income
21 June 2018 | 5 replies
You are better off getting started with a clean slate anyway.Not a bad idea, except I don't know if they can get that done before closing in 3 weeks...without cash for keys.
Alexander Felice
Full BRRRR in 9 weeks.
30 August 2019 | 19 replies
Total process to rehab, place a tenant AND do the underwriting was just under 9 weeks total.
Jennifer Luersen
Real Estate Agent/ Investor
21 June 2018 | 2 replies
If you work 5 1/2 days each week, you'll inspect about 100 houses each month.
David Sanford
financing past 10 mortgages
27 July 2019 | 13 replies
It paid off the six loans and cash to by a few more.
Lee Burns
AwesomeProspective Flip...But I'm Broke
3 July 2018 | 7 replies
I'm inbetween jobs and expecting to start next week which will help a ton.
Ken Nyczaj
How a new investor landed his first deal
21 June 2018 | 0 replies
And ALWAYS follow up.Here are the numbers on the deal:- $108,000 Purchase price- $8400 closing costs- $70,000 Rehab Costs- $2,000 holding costs for two months (estimate is 5 weeks to completion but lets say two months, it wouldn't be so quick but equity partner is full-time GC on-site)- $274,900 ARV (Appraisal completed by bank)- $5,498 Selling Costs- $16,494 RE Commissions.Net Profit = $64,508 about 23.5% profit off of ARV.Now the fun part begins, I'll report back with pictures as we go through this.
Jorge P.
WHAT TO DO!? Should I keep it or Sell it!?
30 June 2018 | 54 replies
Today I received an ALL-CASH offer from another investor for $350k closing next week if I accept.
Ariel Lisogorsky
Tax benefits in note investing
22 June 2018 | 4 replies
Hi, a couple of weeks ago I learned, from an answer to a question I posted on BP, that I can't 1031exchange earnings from the sales of mortgage notes.