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Do you really end up netting say, 3% (if you pay your boss/broker a monthly fee of a couple hundred bucks to hang your license on their wall) on a purchase and on a sale if you have a license? I was thinking of re...
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I've seen several multi-family home listings suggest that a 25-33% expense ratio was not only possible, but commonplace. In my properties, I've been operating at about 50%. Is this something that comes with economies ...
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Hi BP,
I wanted share my first full flip results. After Pics here -- http://www.tourfactory.com/1439937/r_BP
Purchased on Auction.com - $147,000
Rehab - $35,000
Holding costs - $~1,500
Contract price - $239,000
Es...
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How I Run the Numbers on a House Hack
Good morning my sweet people. This is a real example of a property that I checked out with a client - and I believe it provides insight into how the numbers can look on the...
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The company I work with just made a big rehabbing mistake and I figured I'd share, since it seems like it could happen to any of us. Here's a brief summary:
Closed on a house to rehab, signed a contract with a guy wh...
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Howdy Everyone,
I just put a 4-bedroom, 3-full-bath new-build home under contract in Bryan, Texas, using a VA loan. The purchase price is $325,000, and as part of an end-of-year incentive, DR Horton bought the inter...
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What's a good replacement for the Trulia crime map?
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This is the story of my first steps as a real estate investor and some of the challenges I faced. I'm writing this in hopes that other's will take control of their future and dreams instead of letting their past or wh...
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Ok, so I got my tax prep bill and I think its way high. For discolsure, my accountant had to file 5 forms:1040 US tax ind return1040-ES Estimated TaxKentucky Ind taxKentucky Est taxKentucky Single member LLC tax retur...
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Looking for advice and tips! I recently found a RENTAL property that is willing to allow me to use it as a STR. I'm super excited about it because it's in a great area. I'm not local and I have a PM company who spe...