I don't understand the term Equity. Can someone please break it down in RE wholesaling terms. I looked up the definition and this is what I got..... The difference between the current market value of the property and ...
If you're like me, you like a good deal. It's probably why you're on BP in the first place..hoping to learn, grow and gain an edge in your investment portfolio. My urge to find or create success is a bit more adventur...
Every year, I post a macro analysis/predication for the upcoming year for multifamily real estate. If curious, here are the last two:
Jan 2023: Multifamily Real Estate is At Risk of Crashing
Feb 2024: Multifamily i...
We own a home that we purchased 3 years ago as our primary residence. After two years we purchased another home as our primary residence and began renting the previous home. Recently I've read a couple Bigger Pockets ...
Hello. I am a second lienholder on a property in Long Island, and I am looking for advice on how to navigate the situation.The property: Original Loan Value with Chase: 1.3M. Second Lien Position: 700K. Current market...
I have an old floor to refinish that hasn't been maintained in many years. I'm thinking sand, stain dark, and apply a few coats of polyurethane to really make it shine and pop. Am I on the right track? I'm not doing...
Hello everyone,Today my husband and I are looking at a Duplex to live in and rent. The asking price is $55,000 which is negotiable. The resale value would be around $150K per unit. I'm nervous because I don't know wha...
Hey BP,I'm finally doing my first flip. I started off with two out-of-state SFH university rentals to get my toe in the water. Now, I found a hell of a deal in a hot market, and its just about closing time. The projec...
With the world moving towards becoming more energy conscious and renovating homes for the future of our cities, does it make sense financially and logistically (time scales) to build more innovative homes with a focus...
I'm new to wholesaling and I'm worried I got into a deal that I may not be able to wholesale. ARV = $285k, repairs are only paint & carpet (3200 sf house), rents are $2100 and I'm asking $236,500. (not a big pro...