Our IRA adviser is trying to convince us that capital gain taxes will eat up our profits and want us to keep our funds in the IRA or transfer them to a 401K instead of closing these accounts and investing them in our ...
This topic as already been covered a few times but as the market changes so do our expectations and profit margin targets.what % net profit margin (taxes excluded) on exit value do you flippers and developers achieve ...
I'm looking for my first flip, and ran across a neighborhood I like with a foreclosure scheduled for February. Using MLS, I scouted other homes on same street. I ran across this one and can't determine whether it wa...
Here is an interesting question.Zillow is offering to buy a home of mine for $227k and they said I would walk away with $211kA neighbor with the same floor-plan, same property sqft, no upgrades like mine, just sold th...
Hey BP Community,I'm finishing up a rehab on a duplex and have another under contract. So far things have been going well; these are my second and third properties, and my primary residence is also a duplex. I belie...
We live a market where inventory is extremely low and prices are high. Every fix and flip opportunity we look at, we will barely clear $10k-$20k assuming there are no underlying issues. Can anyone recommend the mini...
Here are the numbers,
ARV: $150K ( Low to mid range )
Repairs: $25K
Purchase price: $96K
Using Hard Money @ 14% w/3 points
Note: Transitional neighborhood, investors are actively working the area.
Hi all,Seems like there are a few turnkey providers that look to sell to out-of-state investors. What is a fair margin you can expect to pay for this service?These providers use local knowledge and networks to find ba...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $42,000
Cash invested: $8,000
Tax auction special. Picked up for higher than normal (COVID made prices silly). Ab...
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*This link comes directly from our calculators, based on information input by the member who posted.