I could use some advice! I own two homes, one primary and one investment on my own. I also have equity (35%) on a third worth about 365k that closed in February. I have been doing house hacking for a few years and hav...
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Hi Everyone, I am new on here and hoping to learn as much as I can about investing in Cash Flow rental properties. Am mainly interested in long lasting cash flow VS flipping or appreciation speculation. Am tired of ...
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I recently became aware of bigger pockets and it’s a great community for experienced and newbie investors like myself. I have read many posts from people that don’t like turnkey rentals or out of state properties. Fi...
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Morning BP community. I was presented with a Syndication opportunity. I am fairly "green" in this type of investments and I am still in the process of investing in my first owed RE property. I have done a decent am...
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I just sold my Memphis turnkey rental! Since buying rentals from turnkey providers is a hot topic, I decided to post about my experience. Hopefully this post can help a few people in their real estate journeys!I purc...
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Hey All - I'm getting ready to purchase my second rental property and this time i want to do it "turn key" and long distance. First things first, my definition of turn key is buying a rehabbed or ready to go property ...
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First time investor from Brooklyn here. So I've been trying to determine where to start investing in Real Estate and have had a tough time finding particular areas to focus on as the options seem endless. Since Brookl...
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some good info here on protecting yourself from scammers especially all the folks on BP that own properties in different states you are a target. From the DRE of CA I got this advisory this morning.Law enforcement age...
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Hello All, I am currently renting a 3br 1bath SFH (my grandmother owns the property) and I mentioned my plans to save 10k this year to purchase a rental property and move out shortly after. I was told if I move she'd...
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So I have a hypothetical situation:
Lets say a properties ARV is $550k,
Repairs are $75k,
And Wholesale Fee is $10k.
Using the mao formula:
$550,000*80%-Repairs-Wholesale Fee = MAO of $355k
When I am making my...