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After overworking every number possible in a possible flip property, I'm ready to make an offer on a property. I'll be meeting the homeowner Monday to discuss that offer. I came across this property prior to it bei...
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Hi Everyone, my sister would like to sell her rental property for $300,000 to my wife and I. The property currently has tenants who signed a two year contract for $1,600 in rent.
Purchase price will be $300,000 and...
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We found a guy offering two turnkey properties as a package deal. He is asking 50k which honestly we could pay 50k and it is still a stupid deal. We would cashflow nearly 500.00 a month off of the two properties. He s...
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Great job 809 credit score. 12 hits on criminal record the worst being battery with intent to cause physical harm (3 counts total) and Burglary of a Dwelling. Both of these were in the 90s.
There was another battery ...
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I’ll be 21 soon and there’s a duplex I’m wanting to buy . According to realtor.com the listing price is $185,000 and all units are currently rented . All I’d have to do is buy the tenants are there already. I was wond...
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These numbers are hypothetical but not too far off from what I see in the midwest. Do successful investors ever pay market value if the numbers still work for them in rare instances (and it was a buy and hold SFR)? Ma...
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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...
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We purchased our first house in Mountain View, CA 94043, in Jan 2018, when the housing market was crazy. And it was not a good deal at all. It costs us $2.4 M with 20% downpayment, 3% interest rate. But soon, we reali...
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I wanted to get some thoughts from the veteran flippers about the new structure my GC and I came up with. See the following:
Previous Structure
-GC bids job
-I pay 30% at beginning, 30% halfway, 30% before final walk...
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Hi BPers, Over the past year I have been working with a social media coach who has got me creating a lot of content on my website, and through youtube, twitter and facebook. My intention is to help educate other inves...