Tyrone Riley
Newbie from Illinois-small town
My wife and I are starting down this road. Our strategy is to buy local to start. Our budget for investing is about $100k cash each year and an additional budget of $3500/month that we are transferring to our llc. We ...
Aram Zoraian
[Calc Review] Please help me analyze this BRRRR deal!
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*This link comes directly from our calculators, based on information input by the member who posted.
Joe Latson
Complete Guide to Creating a Scope of Work
A Scope of Work (SOW) is a description of planned property renovations, with the primary components being a line item budget and a construction schedule. A detailed SOW is important for nearly every type of value-add ...
Mason Aulsbrook
[Calc Review] Help me analyze this deal
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Thoughts on this property? This is a BRRRR property. Would you use the Total 80% from appraisal to minimize out of pockets which generates less cash flow or use less and more out of pocket for more cash f...
Account Closed
How to set (and stick to) a remodel budget
Financing Options for a Remodel
The very first step of a remodel is to decide how much money you’re willing and able to invest in it. A good rule of thumb is to spend no more than 10 to 15 percent of your home’s va...
Gabby Adrian
💡Fix n Flippers Tips for Success with A Private Money Lender!
Hi BP Squad! Happy ThursdayAs a lender one of the biggest hiccups in the flow of funding a loan and financing the rehab is the Rehab Budget and Supporting Documents.
Growing up, I remember my Dad writing all of his...
Kendra P.
$1500 Marketing Budget Advice
Hello All, I am ready to take the plunge into my marketing. What would you experienced Investors or Wholesalers do with a $1500 direct mail marketing budget?Your response is appreciated!
Pat Arneson
Rehab Costs and Holdback
If I intend to fund the rehab with my own cash, do I need to disclose my rehab budget? I’m seeing lenders holdback this amount. It’s showing as increasing the loan amount although monthly interest payment stays the sa...
George Rodriguez
Using quickbooks to estimate rehab costs
Is there a way to use Quickbooks to estimate and budget a rehab that will be flipped? Lets say for example we buy a home for 100k and want to budget 20k in repairs. Is there a way to put the budget in QB and update th...
Steve Weinstein
Multifamily Age of Building
I am currently looking at a 10 unit multifamily to purchase. All around looks like it is in solid shape. Of course I will get it inspected. It was built in 1952 which is a major drawback for me. All other aspects ...