Venesa Ocasio
Need advise on househacking 2 unit property
Hi everyone, I’m new to the BP forum and I am seeking some advice on whether or not to purchase a multifamily 2 unit property. I found it on the mls for $375,000. My husband and I went to see it yesterday and it’s in ...
Andrew Bassuk
65% rule in CA?
Hi. I'm new on the forum and have a ??
The flipping rule of thumb of 65% ARV minus repair costs makes sense in markets where houses are affordable. I'm wondering if it needs to be modified in southern CA.
If I cou...
Katherine Menchaca
Owner Finance and Refi to VA
Hello fellow investors,I'm about a year and half into investing and have the possible opportunity to acquire owner financing on a very dilapidated 4 bed/3 bath pool house. The owner owes about 167K on the mortgage and...
Tzvi Ausubel
Home inspection completed, revision to contract price
I completed the home inspection today for the property that went under contract last week the inspector came up with a solid list of recommendations and observations that definitely need some correction. What are some...
Justin Hubbard
Great Deal but unsure on best way to fund
My partner and I found a owner who is willing to sell 3 properties from their portfolio (4 doors) for a total of 94k. The properties are stabilized and leased with long term tenants. All the numbers look great on the...
Nate Narcisse
Trying to create an excel spreadsheet for HOME DEPOT products
Hi BP family,I'm trying to build a template excel spreadsheet, which would include products and pricing for materials from Home Depot. Also on this spreadsheet would be different labor rates from local contractors and...
Junior Salters
Making offers?
Is it not just plain dumb to make an offer on a house that you haven't seen the inside of completely? Or is it common? I see alot of these "we by houses nationally" do it and I assume they can't see majority of these ...
Ryan Boutin
70% ARV - What do you do?
I have read that flippers tend to sit around the 70% mark for buying vs ARV for flipping properties. Is this what most use as a number? What do you use for a percentage?
Bill Stinson
Should I make a lower offer now that agents contract is up?
25 acres. Listing price 310000$ Level to rolling. Mostly in pasture (20acres). Could easily be sub divided. In city limits and other comps are 12,500 per acre.
This property was listed with a realtor. I made offe...
Thad Miller
advice on how to sell cheap land / lot in Shelter Cove, CA
I acquired a lot in Shelter Cove, CA a couple years back. I have been holding it, but now I want to use it to learn a little on how to sell. My real goal is to use the money to add to the down payment for a futur...