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If you are a wholesaler or have purchased a wholesale property, chime in. I have made my money wholesaling property for years. I recently opened my unresearched leads to my sphere of influence and clients. What I a...
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Investment Info:
Condo fix & flip investment in Hialeah.
Purchase price: $100,000
Cash invested: $77,000
Closing will be by Dec 20th.
100,000 Purchase Price | 265,000 ARV Sell Price
1,000 Pur...
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The “cap rate” is probably the most widely used metric in commercial real estate. It’s a metric that I refer to almost every day when describing or evaluating an investment opportunity. In short, a cap rate is the u...
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Hey everyone, I just recently graduated from graduate school and I'm really interested in REI. Over that past 6 months or so I've been consistently listening to the BiggerPockets podcast and reading several real estat...
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I'm interested in doing a 1031 exchange out of a couple SFRs and plan to use 100% of the proceeds to purchase a 50% TIC interest in a larger commercial deal that will have a mortgage. The SFRs are free & clear. ...
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Hey BP Community! I recently got a pre-approval back from a great mortgage lender but was a bit sticker shocked when it came back at 5.50%. I know rates have moved quick over the past few months and can vary amongst r...
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What is the minimum amount of cash flow (after expenses) you look for when purchasing a house and how accurate has the 50% rule been for you?
Also, what did your very first rental property flow, and would you buy it ...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $302,800
Cash invested: $40,000
Purchased as new primary residence. 5% down conventional loan. Seller paid closing ...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $155,000
Cash invested: $215,000
Sale price: $417,500
This single family home project was a personal flip proje...
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So, I spoke to my local building dept in Birmingham AL and they said homeowners can't do any of their own electrical or pluming.
You need a licensed electrician or plumber. Ridiculous. How many other municipalities a...