Is this math right? I have been in rentals for a few years now, just two properties, and am looking to move into house flipping later this year when things calm down more. I’m looking at these numbers though, and do c...
What do top performing wholesalers in big markets like New York, Los Angeles, Chicago and Houston earn a year? I am curious how much is a realistic expectation or is there a ceiling? If so what happens when you rea...
Hello my real estate family,Is the "65% of ARV" rule engraved in stone? Should I not waste my time on a seller or "motivated seller" that is just not budging on the extra 10-20k I need to make the property meet the 65...
Ok BP friends My aunt was upside down on her home so she walked away from it. The bank reduce her mortgage but she doesn't want anything to do with the property. The property is sitting there empty. Me and my cousin w...
For everyone with multiple properties in their portfolio,whats everyones opinion on buying properties free and clear vs using leverage( cash) and buying more?
Hi Everyone! I am a recent college graduate, currently working as an engineer for a construction management company in the Columbus, OH area. Real estate has been an interest of mine for a while. Now that I am getting...
As we all know the market in DFW is very hot, do you think this would be a disadvantage for us trying to flip our first house?We were thinking of going to a private money lender that reached out to us and he has offer...
Hi there,
I bought an investment property in Colorado in mid-may. I live in Florida but I know someone in Colorado who is a GC and I hired them to do the reno. Property is in the best neighborhood in Denver, and it ...
I was wondering if any more experienced members would be willing to share their stories about flips gone wrong, mistakes a beginner might make during the rehab, and stories about problems they have overcome to reach s...
I'm looking at buying a property. $130,000 2bed 2bath condo. Expecting rehab cost to be about $25-$30K. ARV should be around $200K.
How long after I rehab the place can I refinance and get a new loan? I'm thinking o...