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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $225,000
Cash invested: $60,000
Sale price: $391,000
This was a risky flip as there wasn't many comps in the...
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I PMed one of the long-time BP members several weeks ago that was complaining about "certain members" increasing their post count. He mentioned that he didn't post as much now because of the involvement of these new ...
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Hello hive mind!I'm writing my first offer (YAY!) I applied for a hard money loan and they got back to me estimating that the rehab would cost 45k more than I had estimated. We are planning on doing a fair amount of w...
Hope everyone was is well. I built a custom home for a long time client a few years ago on four acres. She now wants to sell me the remaining property - 3 one acre lots. They are nice and they will sell. We will ...
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Hi All, I just wanted to say that the concepts behind the old adage "think and grow rich" are finally coming to fruition in my world.It is exciting to be looking at homes that could be bought and held, flipped, etc. ...
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So I have been reading a lot lately of certain projects being proposed in my area of Cherokee county GA.I am seeing a reoccurring theme. Most all retail is welcomed with open arms.Large multifamily projects of hundred...
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We buy in MH Parks where the park owner/managers will allow sub letting. However, rumor has it that MH park owners can no longer not allow sub-leasing. Anyone know anything about this? I've launched a search into the ...
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As everyone likely knows interest rate cuts that were projected to happen so far this year haven't happened. Instead, rates are increasing. If Donald Trump wins the November election, I'm projecting and hoping rates...
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Hi everyone, I was under the assumption that when you invest in real estate and you run your real estate through your estate that the capital gains tax dies with you and your heirs can sell the properties tax free upo...
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What do You always make sure to do? Ask the tenant? Paperwork to give them?How do you wrap up the conversation with any key statements or questions?I'm working on upping my game to maximize quality tenants and reven...