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Results (10000)
Daniel Rogers Partial 1031 Exchange
10 December 2020 | 3 replies

I’m expecting an offer on a former primary residence that we are renting out. We paid $173k in 2012, expecting an offer of $280k. Because we are active duty military, my understanding is that since we lived in it 2+ o...

Jack Tucker Sold for $700k. Original Costs: (Cash 100k + Loans 300k)... How much must I Buy?
24 March 2014 | 15 replies

I have a portfolio that I have owned for 3+ years. Selling for 700k.

Total purchase price that I paid was $400k.

Let's say that $100k is from "after-tax money" for down payment/rehab cash and the ...

Jason Schmidt specific formula for determining value?
19 July 2008 | 15 replies

Do realtors use a specific formula to determine the exact value of a home, and/or what it should rent for? I know they look at the houses that sold in the past, etc. but is there anything esle specific that they do?

Dean Jacobsen Permanent house trading for another home that is in need of work
8 March 2016 | 0 replies

Dear fellow investors, rehabbers, and property flippers,I urge you to add this statement to all your For Sale Listings: (This home is available for sale, OR permanent trade for another home that is in need of work. Fu...

Robert Bolejszo Question NJ - About Open Permits during a home sale
25 September 2017 | 13 replies

Hello - I'm currently in the process of purchasing a four family home that had some renovation work done in 2014 with permits (i.e electrical, plumbing, new bathrooms, new kitchens). During the closing process recentl...

Account Closed Wholesaling Process If You Represent Yourself
15 February 2017 | 6 replies

Hello BP'ers, Wholesaling is something that I've considered in the past but up until recently, I never gave it a whole lot of thought as I was focused on acquiring properties to hold. However, I am in a position where...

Megan Elliott 1031 Exchange on a New Construction
3 May 2021 | 18 replies

Hello! I was wondering how the timeline would work if you used a 1031 exchange to purchase a new construction.  I am assuming the house would need to be complete and closed on within the 180 days, but I figured I woul...

Marques Johnson Short sales question about from Ga to Va
18 February 2017 | 2 replies

I have word that there are three short sales with good numbers in the Norfolk/ Chesapeake area of VA. I am trying to figure out what, if anything, I can do about this intel. I just started farming in that area, and my...

Kyle Galloway 70% Rule-Please explain?
21 November 2019 | 17 replies

I understand the math to the 70% rule in house flipping. (Conservative Market value after repairs X.70 - repairs). What I don't understand is where this 30% magically disappears to. I know that there will be closing c...

Brian Stike Private sale purchase?
24 May 2018 | 9 replies

Hi all, I've got a verbal agreement on a 2 bedroom property that works great for the BRRR strategy.  All the numbers work, the property needs a little cosmetic love, and will rent very quickly.  I'm excited to start o...