Michael Westberry
Determining price you can pay
I just watched Jerry Pucketts podcast which was filled with some awesome info. I liked his formula for finding the price he could purchase a property which isARV-rehab-(your fee). I wanted to see what other wholesaler...
Grey Goodman
Typical Buy Formula in Florida
Hi team. I am currently looking to wholesale/flip in Fl. I am being outbid on all deals as I am offering 70% of ARV less repairs. Do investors in Fl have a different buy formula ie 75%, 80% of ARV? I have encountered ...
Nicole Williams
Determining wholesaler assignment fee
I really need your help BP, I am fairly new at wholesaling properties even though I quite a few under my belt. Recently another wholesaler told me I was selling myself short on assignment fees. He (the other wholesale...
Andrew R.
looking for advice on introducing RUBS
We are in the process of purchasing a multi-family home, and will needs to implement RUBS to ensure a profit. We will split water and electric (used for common area lighting and water heater only) based on occupancy....
William Davidson
House Turned Into A Duplex - One Meter - How To Charge Utilities?
Hi BP,I wanted to hear your take when it comes to charging tenants for utilities. The property is a single family home which I have turned into a duplex by splitting up the top floor and bottom floor by using a lock o...
Trey Leigh
HUD question
How long does a HUD property have to be listed for them to take something lower than 85% of asking price? I recently bid on a HUD home that was 29K, they countered with $24650 (which is 85%). It is in the "extended"...
Rich Mix
Direction on Condo Conversion
I am in the process of beginning the steps to do a condo conversion on a 2 family in Arlington MA. I am trying to map out and build the team of necessary people needed . If anyone is familiar with this process and thi...
Corey Cowan
Cash Flow VS. Everything Else (ROI, Cash on Cash, NOI, ETC...)
I am just now officially starting my journey into real estate. I own two properties and neither of them are currently acting as investments other than mortgage pay down and whatever appreciation the market creates in...
John Dombrowski
So I started looking at some REI meetups to attend...
In San Diego there are so many different groups to attend. One (below), that caught my eye was on Private money raising and also Self Directed Retirement Plans. My question is, are some of these meetups just gurus try...
Daniel Mendez
Estimating Rehab Cost: DFW
Good afternoon BP members,For those of you who flip or rehab in the DFW market how much do you guys estimate for a lipstick rehab, a moderate rehab and a full rehab? Thanks in advance!