Hi guys. My husband and I are starting to flip houses. We found a burned house to flip, looks horrible inside, but seems like it was only because of the smoke. Everything looks like painted on black. The fire probably...
This home is a duplex, built in 2006, each side has 4 bedrooms and 3 baths with hardwood floors. Each side is currently rented for $650/mo.
Initial price: $64,900.
We offered $67,500 and lost to a $68,000 bid. The cl...
Hi Everyone, I've done a few deals in the seattle area and am always looking for more. Yesterday I put an offer on a small 3br in Renton which had only been on the market 2 days; listing notes said "offers to be revie...
What is a a good "rule of thumb" profit margin to shoot for when renting? If your out of pocket expenses are $1000, would $1500 per month rent be an average or above average. $500 per month profit.
I am looking for some feedbackIf you have a management company working for you and they bill you $500 a month to mow your property. But then they turn around and get a landscaping company to do it for $350 pocketin...
Our career 1st wholesale will probably be our most lucrative for at least a few deals.This was a big lesson in flexibility with STRATEGIES.Headlines never give the full story, but that was the end result.Local pro fli...
I'm crunching numbers on my first investment purchase and suspect I'm focusing too much on the profit margin during the first two years (low single digits). I think the margins will be between 10% (no refinance and ...
Hi! Has anyone out there ever used a loan against a stock portfolio or a margin loan to finance real estate? (I want to finance a rehab)... I'd love to hear from someone who has done this! Everything I look up make...
Hello! I'm reading the Bigger Pockets article Net Operating Income (NOI) in Real Estate: What It Is & How To Calculate ItUnder the heading What Is an Ideal Net Operating Income Percentage?, there is a statement th...