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Hello, I am a new member to BP and currently saving up to invest in real estate with my cousin as a partner (also currently working on getting my real estate license). We decided on renting out small multi-families to...
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When I first got started in this business my mentor said "Start with the numbers and be an expert at spreadsheets!" Boy was he right...This game is more underwriting than anything. It doesn't matter how much money you...
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Hello everyone,
Hope you all had a great New Year! I have a question and would really appreciate your input.
I’ve done a couple of fix-and-flip projects in the past using hard money lenders, but I’ve noticed that th...
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Hello, wanted to quickly introduce myself.
I'm Mike, married with two young kids living west of Minneapolis and I turn 40 this year. My wife and I both work and have contributed enough to our retirement funds that w...
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Hi! I’m a new member and bought a property in MD with concern on flood risk. On FEMA, it is categorized as X, with 0.2% likely to flood this year. But when checked flood factor, it says flood risk is 9/10. Property ha...
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I just bought 2 courses on Subject to. I'm ready to dive in. I've been studying all the material, methods, contracts, forms, and marketing ideas. Then after all the excitement, I came to a sudden crash--The dreaded "D...
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Hello everyone,
I found a fix-and-flip deal where all the numbers look good except for the fact that I don't qualify for the loan due to not meeting liquidity requirements. Unfortunately, this means that I have to ...
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I am in the middle of a live-in 'flip' and will be doing a kitchen rehab soon. I am considering installing the granite counter tops myself (buy, cut and install) but I am not sure if the price of buying the tools and ...
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Hey I did deep search in a lot of sub markets throughout different states.As I see, the average profit per average property is around $350 per month.Anyone else can confirm?I would like to make a business out of it, b...
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Hello to everyone in this amazing community at biggerpokects.com. First of all, thanks for all the education you provide.Ya, I know I go against to what Joshua and Brandon preach at their podcast (and they are correct...