Hi everyone.I'm new to this forum and this is my first post. I would really appreciate any advice I get. My wife and I are looking to diversity our investment and getting some passive income. We have 100k in cash, loo...
Gross Margin is an important calculation for developers/builders.
Gross Margin = Gross Profit / Revenue
We shoot for a 20% gross margin on our New Construction Homes
Real #’s:Home Sales Price: $374K
Closing Cost...
You may have heard a speech from Ed Mylett (AKA the greatest speaker of today) sometime before this episode, but maybe not like this. For those who don’t know, Ed Mylett is a renowned speaker, entrepreneur, real estat...
I am looking to purchase a house for $50k that is worth $70k for cash. I understand that banks like a property to "season" for a year before they will refinance.What I do not understand is if this applies to:1. If you...
Q: Should I pay an extra $500 on my principal on my primary residence or save it towards a rental property? Overview: New homeowner, $120k income, ~7K monthly net income after deductions (Roth max, 401K, healthcare), ...
Because of the recent back and forth among the titans, I thought it would be good to open a discussion of how to have it all.
The premise basically is that sometimes a deal does not exactly fit into our normal routin...
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 ...
BP,Thought I would take a few minutes to write a post that hopefully keeps people hustling who are currently struggling with their business or frustrated with a problem that seems like a huge road block. So, here is w...
I'm not sure if this is the correct place for this question, but here it is anways.
So i'm very new to real estate. I've been gaining a silent education the last few months on BiggerPockets and other sites/books. I...
Hi all,
Me and a partner finally got an offer accepted on 2 SFH. I'm located in Springfield, MO, and the partner and properties are located in the Biloxi, MS region. Given that I'm out of state, I know that I'll like...