Mitch Horwart
Offering and negotiating on a property in need of reparis
Here goes my first BP post!I just looked at a property today that was purchased in June 2017 at 140k and the owner had some bad tenants that trashed the place. He now wants to get rid of it and is asking 139k. The hou...
Amit Bhavsar
Atlanta Metro: Buying Residential Lot
Wanted to take some advice from you experts. I have residential lot available at a good price (40k) in prime neighbourhood (homes in that neighbourhood go at around 600-800k). However the lot is not even and has lot o...
Mety K.
My first deal - Should I do it?
Hi everyone, I'm a newbie... found deal in North / Central New Jersey. Used the rental calculator. Questions: Did I use the right calculator? Should I buy the property.Here's the details. 2 Family - 3 stories built 20...
Daniel H.
What online tools or apps do you use to estimate rehab costs?
When you walk through a property to estimate rehab costs, what online tools or apps do you use?If none of the tools out there fit your needs, what features would your ideal app have?
Sam Rexford
Fed Cuts Rates by .5 - how should us newbies play this?
Hi BP'rs, I don't have a good sense of how the interest rate cut today will affect me as a new investor looking for my first deal... will it start to drive up prices of homes in areas i'm looking at as money gets chea...
Austin Lowe
Assignment fees PLUS mark-up?
I'm beginning my first wholesale deal, and I'm confused about the assignment fee. I have the seller, and we've agreed upon a price of $250k. I believe that the property is worth $270k ($20k mark-up), which is what I w...
Michael Johnson
How to get good at estimating rehab costs?
Hi,I want to get good at estimating rehab construction costs using contractors so I can do a deal analysis to prior to making an offer on the property to determine what is my max allowable offer to have a successful f...
Account Closed
Flipping Houses under 200K ARV
Hello All, I am a new investor in the Houston, TX area. We just had a great meeting with a investor/contractor who has been in the business for a while and he brought up a point that i thought was interesting. In our ...
Ismail Sogbaike
Determining repairs cost
How would i determine the amount cost for repairs, and is it normal for repairs to be more than what the home is listed for?
Chi Wen
what happens to your equity in a downturn?
So we all know housing will dip/drop at some point. What happens to your equity in situations when you put down 5% vs when you put 20% down?- Buy a 500k house and put 5% down (25k) and the next day housing prices cras...