Ok, after reading all of the helpful post and much thought I'm ready to get started on my wholesaling journey. I've seen that u should be ready for at least 6 months, so I set aside $3,000 dollars. I purchased a list ...
I recently purchased my first property. I factored in mortgage, taxes, CapEx (at 3% per year of purchase price), and a 5% vacancy and I'm looking at a 13.69% Cash on Cash return.When I purchased the property, there w...
What do you budget for maintenance dollar wise? I'm not talking about CapEx, but minor repairs (wear and tear, light bulbs, door not shutting, etc).I've been doing $1,000/yr but that may be really high for B-class SFH...
Hey guys new investor here, in Baltimore there’s townhome vacants ranging from shells that can be had for 2-10k, to gutted or leaky roof ones for up to 30k. I know that each house is different and I’m not asking for s...
Good Evening!
My name is Leonard and this is my first post on Bigger Pockets. I live in Bowie,MD which is right outside of Washington,DC. I am putting together my business plan for my wholesaling business and I am wo...
My wife and I have been actively connecting with wholesalers and realtors and have found success. Now after a couple of our deals we have more capital we want to leverage to get 2 to 3 rehabs going at once, rather th...
Best marketing strategies for businesses with small capital, we all know with no leads there is no business. However I want to portray a professional business look.
I am renovating my NYC condo in preparation to rent it out.
I want to make sure I’m not overspending or underspending on my kitchen reno. Here are the numbers:
Expected monthly rent: $9,000
Kitchen Renovation bre...
I’m 19 years old with little to no payments. I still live at home with my parents where I’m fortunate enough to not pay rent. As of right now I make about 18.55 an hour, I put 20% of my paycheck into a Roth account wh...
Hi All,I'm closing on a property, that I'm planning to live in, the end of this month. We are planning to do add a master bathroom and relocate the kitchen to the other side of the house. Budget looks high and most li...