Account Closed
$105,000- Flip & wholesaling budget
Hi everyone, I'm having a hard time deciding how to allocate my budget towards flipping and wholesaling. My goal is to have 2 properties flipped by the end of the year. I'm planning to put somewhere between 30,000-40,...
Ryan Peach
House Hacking & Reno Budget
My wife and I are looking to buy a home as our permanent residence with the hopes of converting it into a rental in 1-2 years. We would live 3 blocks from the university so college students would definitely be our mar...
Matthew Nicholson
Update 2021 Rehab Budget Estimates
Looking for my next flip (sold 2 houses in March, then took a break), and I'm hearing from everyone that materials have gone through the roof (heh).
I spent some time today going through NAHB, BLS, BOL, CNBC, etc. lo...
Monica Dudley
Budget Landscaping for rental property
Hi all, Can anyone recommend a local resident or company that can cut grass on a monthly basis at our property. Thank you
Austin Works
Budgeting RE Like A Business
When treating REI (rental properties specifically) as a business, do you take all of the net cash flow as owner draws or do you treat this like a regular business and take say 30% of net profit as owner draws?
Jeff Davis
Budgeting for MF cosmetic rehab
We are in the early stages of developing a budget to purchase a 2/3-unit MF in Chicago (Andersonville/Edgewater). Does anyone have any insights on how much we should budget for cosmetic rehab (i.e kitchen/bathroom upg...
Kimberly Reed
Budgeting for Property Management services
Hi! New to BP and REI. I'm under agreement for my first multi unit. At this point, I'm planning to manage it myself, but as my portfolio grows I'd like to outsource it. I'm hearing that I can assume costs for a manage...
Evelyn Castillo
Investor friend agent/meetups/budgets.
Hey BP! my goal is to invest in multi-family properties that need some help. I am from Homestead, FL and would like to connect with other real estate investors. Id like to see what is working in this area and what is ...
Cordell M.
Budget Letters/Info. to Tenants
Recenty I've begun investing in a lower income area (row homes under $35K for three bed, two bath) with some neighborhoods better to buy in, others better to avoid like most places. Has anyone given letters to new te...
Paul Ortiz
Design & Rehab Budget Advice
Question and/or advice.How would you handle a Rehab when the Design and Budget clearly are not in line with each other?Situation:Client has the home, hired a architect, have the permits but now the budgets are way ove...