I've recently put a 2,888 square foot house in Seffner, Florida under contract for $150,000.00. I've gone through an inspection and consulted with a contractor, and frankly the property needs more work than originally...
BP Community I need some help. First off I understand that you are not a tax professional (and even if you are you are not giving me professional advice). I plan to speak with my tax advisor on Monday but I need to cl...
My partner and I own a 79 unit complex in Southeastern Indiana. We bought it last February for $1.8M and have done approximately $1.5M in renovations. We are in the final phase and need another $200k to finish th...
Real estate has long been praised for its dual ability to generate cash flow and appreciate in value. Traditionally, most investors have been magnetized by primary markets – big cities with booming economies and glitt...
What comes next in real estate now that Trump is in?
I've been reading and researching for quite a while. Now I'm anxious to get my first flip under my belt. However, I'm wondering if buying and rehabbing through the winter months in New England is a bad idea for a ne...
I got a lead come in from an area in which many buy and hold investors buy. Using the mao formula of (arv * .7 - repairs - my fee) = a negative number. Is there a time in which not to use this formula? How can I make ...
My general contractor and I signed a contract to gut and renovate two rental properties for a fixed amount of $170K. When it came time to buy the kitchen cabinets, he budgeted $2000 per unit. After I spoke with him, h...
Hi BP Community - I'm looking to begin investing outside my local area, and I'm trying to cast a broad net around the country, then hone in on specific states/cities/neighborhoods. I understand that it's important to ...
Just wanted to get some opinions on picking up the hammer and helping out. Some people say to run a successful rehab business, never pick up the hammer. Others say help out. So, what are your opinions on this? Thanks ...