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One of our Bloggers, Justin Pierce, wrote a fantastic article that took an in depth look at all of the costs associated with a house flip.
This is a MUST read for any newbie rehabber/flipper:
Rehabbers! Know ALL t...
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We just recently started house renovation and got red tagged by the city inspector. I guess he saw dumpster while driving around or maybe neighbors complained. So we learned never leave dumpster in city limits.
Could...
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Good morning BP,I have a couple of questions this morning-What is your opinion on wholesalers?-Have you had a good experience when working with a wholesaler?-What has been your biggest draw back from working with whol...
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Hey Everyone,More Success or More of What-Not-To-DoBelow is my first post in the Success Stories forumshttps://www.biggerpockets.com/forums/223/topics/17...I’m finally writing my 2nd “Success Story” post. I’ve been wa...
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If everything goes well then our worst tenant ever will be moved-out in just under 12 hours from now, the champagne is on ice and we are cautiously optimistic. Interestedly enough, the problems with this tenant have v...
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I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
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Operating Expenses seem to be a big shade of gray for investors. Especially for a newbie like myself who has never run an investment property. Do the vets recommend itemizing expenses when running a cash flow statem...
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A reply on another thread made me wonder about something. Mikeoh mentioned fannie mae is showing 5% appreciation annually over the past 50 years on average. The Rule Of 72 says that to find out how long it takes to do...
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I would really like to start out investing in foreclosures or pre-forclosures, and would like some advice. I think this is a really good topic.
Have you found more success on finding REO for a great price or pre-fo...