Market value 130k townhome and mortgage that is owed 98k. I would like to get the home at an court house auction. How much would be the initial bidding price range around and would bank ended up taking even lower amo...

Hi, wife and I are first-time RE investors, based in Chicago. Our offer just got accepted for a new development duplex-down in a high-growth neighborhood of Chicago. Trying to pressure test the deal financials with th...

Holding costs per monthTaxes- $73.05 ($877 annual)Insurance-$62 ($740 annual currently insured at $117,000 with NREIA insurance company-investor friendly)Water/Nipsco-Estimated $175 Total=$310.0590 start to finish tot...

I would like to say thanks to this group, Bigger Pockets pod cast, and all of the helpful members. I have been researching, following posts, and listening to podcasts for several months. I took the plunge last week wi...

Any feedback on this progressed-based payment schedule for a $450K remodel project?Should there be more specific milestones like flooring, appliances etc? Possibly withhold a little more for job completion? Maybe 15%....

What percentage of my rehab budget should be set aside as a cushion. Right now the renovation budget is at 45k and we haven't opened any walls, looked at the roof or the furnace. We know we want to update the kitchen,...

Just curious to see if my numbers are better or worse than the average. I'll start, on my last 3 flips it was 9%/5 months, 17%/3 months, 16%/4 months. This is on total project cost with no financing, before tax.

I potentially will be receiving a decent amount of money and I plan to use it to start investing in rentals. My question is, should I pay cash if I can. This will let me lower my mortgage expense allowing me to maximi...

When you start out investing in real estate you first have to choose your path or you will wander in the forest. Wandering in the forest is analysis paralysis.
If you don't have a clear idea of which path to take, so...

Hey BP - I sent out my first round of direct mail and started receiving calls today. One of the calls is very promising, but it's very different than anything I've looked at before, and was hoping that you could all h...