Willow T.
How I Made $104,000 on My First Flip Purchased for $31K
Overview of the numbers: Purchase Price (Cash Sale) $31,500.00 Closing Costs $2,019.02 Rehab $29,800.00 Mold Remediation $1,950.00 Furniture Cost $1,200.00 ...
Nathan Gesner
When is it OK to talk about money?
In 2005 my oldest brother asked me how my house sale was going. I mentioned it went under contract in three days and we were making $125,000 profit. I was in the military and would be considered lower middle-income at...
John Blackman
New Home Build End-To-End
@J Scott inspired me with his diary of a new construction project to do one of my own. So not to be outdone, I'm actually going to do two. This one will be for a project that we have recently completed. I'll add ne...
Mindy Jensen
I think shower inserts instead of tile are fine, change my mind
I see so many comments that tile showers are better than shower inserts.For ease of installation as well as cleaning and mold/mildew resistance, I like a shower insert better. While I'm taking a shower, I don't look a...
Account Closed
54 showings, no offers...
I listed a flip in April 2018 at a price even with the surrounding neighborhood $224k ($80/sf) in my market. I’ve had 54 showings and not a single offer. I’ve dropped the price $5k/month and I’m getting concerned beca...
Andrew O.
Does owning RE question your sanity?
Good afternoon,I was just curious how everyone handles the stress of owning rental properties? Owning RE sucks. I own and manage 20 units all on my own while working full time with a family. This past year has been...
James Ritter
Critique My Mailing (Pics Inside)
Hey Guys,So I am going to be starting my first even direct mail. I decided to take some big steps so I created my own yellow letter (was not easy) in order to save some cashola at least until the first deal hits my de...
Adam Bartomeo
Who is more unethical Realtors or used car salesmen?
I know this will ruffle a few feathers but it is a fair question. I have met and had hundreds of interactions with realtors and I am never surprised at the new lows that some of them can reach. I was also a manager at...
Nicholas Brady
How important is a bachelors degree as a real estate investor?
Hello there, I am new to the Bigger Pockets Community and real estate investing in general but I am eager to learn! One of the first things I am curious about is how important is finishing a college degree in order to...
J. Martin
Using range of expenses in your profit / ROE estimates?
I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...