Deborah Wodell
What’s been the biggest surprise you’ve had on a flip—good or bad?
I feel like every project has its curveballs, and sometimes it’s the unexpected stuff that teaches us the most. Maybe it was a hidden issue that turned into a big project, or a small upgrade that made all the differen...
Lucas Kok
What is the best way to finance a condo flip?
Hello Fellow Investors!I've been a buy and hold investor the last 5 years, but is recently presented with an opportunity to flip my first property. I am wondering how I should finance the purchase and renovation if I ...
Matthew Davey
First Investment Rental
Investment Info:Single-family residence buy & hold investment in Mary Esther.
Purchase price: $54,000 Cash invested: $70,000This property was a foreclosure townhouse 2 beds, 1.5 baths, 1060 Sq ft, one shar...
Home renovations can substantially increase your equity and cash flow on a rental property, but when doing one, there are two key things you need to pay attention to: budgets and timelines. Today, rookie real estate i...
Faiz Kanash
What happens if you buy Multifamily with FHA, but its fully occcupied?
Just a quick general question.. If you purchase a multifamily property, lets say 4 units, and use FHA loan for the lower down payment benefit but the entire building is occupied, what would happen? I understand that F...
Tim Silvers
Subject To transaction - need to structure seller assurances
Buying a fire-damaged SFR sub2 in which the insurance will cover the entire cost to repair/renovate (the house is gutted to the studs, so I will wind up with a 100% brand new interior). I will be using my contractor w...
Adam McAllister
Small Town Primary SFH
Investment Info:
Single-family residence other investment.
Purchase price: $100,000
Cash invested: $15,000
Renovating my primary residence to cash out refinance and to scale into my first STR.
...
Caymian Gordon
Holding Costs in Phoenix, AZ Market
Hello,I am in the Phoenix, AZ market and I need help calculating holding costs. Whenever I calculate my holding costs, it seems very high. My breakdown looks something like this:Holding Costs = ((Purchase price+renova...
Matthew Hense
First Rental Property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $240,000
Cash invested: $30,000
Bought this 3/2/1 in June 2022 as my primary residence. I renovated the entire home...
Michael Holland
7 years to 7 figure wealth question
Hi All,I was reading this article(http://www.biggerpockets.com/renewsblog/wp-content/uploads/2015/10/7-Years-to-7-Figure-Wealth.pdf) over the weekend and had a question. Within it, Brandon references "forced appreciat...