Pavel Sakurets
Wondering what profit are you guys making on your flips before overhead
This was a very slow year for us on flips. We did only 16. From 16 we only sold 14 and 2 were sold to rent to own tenants.Margins ranged from minus 3k on one :) to 23k on most profitable one.What are you guys making?
Matthew Thompson
Multifamily Properties- too good to be true?
Hey all,First time poster here on BiggerPockets. Lately I have been reading a lot about multifamily properties. They seem to be much more profitable, dollar for dollar invested, than single family properties and posse...
Terri-Leigh H.
Deal of a lifetime - Bought from ailing elderly neighbor
Investment Info:
Single-family residence buy & hold investment in Cape Coral.
Purchase price: $60,000
Cash invested: $60,000
2/2 across from canal in desirable neighborhood - Bought from health f...
Joe Kim
Out of state investing- SCAM! False promise land of cash flow.
BEFORE I say anything. I want to be clear I am totally bullish on real estate investing. But I want to warn people that it is not what you think it is. And share my own journey over the last 3 years.Ok. Out of sta...
Michael Ealy
41-Units No Money Down Deal $627K Profit in 15 Months - How?
Yesterday, we closed on this 41-unit apartment deal and netted $627,643.32 in profit (just from the sale). We actually made MORE than that because we've made good cashflow from the apartment building during the time w...
Tony Velez
Turnkey. Am I a wussy?
Am I a wussy for thinking turnkey for my first real estate investor? Be honest I can take it. 😊ThanksTony V
Rafael Ro
Safe and stable investment: Do I buy rental properties or keep money in a HYSA?
Hello all,
I would really appreciate your insights here.
I live in CA and have a family with 2 kids - we're not moving anywhere. Have about 50k I would invest (access to more), with excellent credit and good income ...
Kiran Alisam
Turn Key Investments
Hi we are on verge of closing our #1 Turnkey rental in Maple heights Cleveland Area, Price: 56900, Area: 1160 Sq ft, 3 bed 1 bath, Rent 850 to 900 per month, Management Fees: 10 percent , Taxes: 500, Insurance: 600So ...
Jordan Williams
Flip or Flop show really that accurate?
Just watched this show with my wife last night. It made me think of the quote the rich get richer but I'm still pretty skeptical. The show basically went as follows:If you have 300k cash to spare go buy a foreclosure/...
Ryan K.
Contractor price - lump sum or breakdown?
Curious to know how everyone is receiving contractor scope of work and pricing for rehab projects, do your contractors provide a scope of work with a lump sum total, or do they break down the items? For example, say y...