Gary Rowe
Did not know what I did not know!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $36,000
Cash invested: $20,000
Sale price: $85,000
3/2 live-in rehab/flip.
What made you interested in...
Jimmy Feliciano
Open Ended Mortgages?
Hello all, first-time home buyer here. (I am only 20 so I barely know what I'm doing) I am interested in finding a primary residence in upstate NY. Everything is a bit out of my price range and I have been looking at ...
Kristopher Govea
Calculating repair costs
I'm just getting started so please excuse my novice question but how do you calculate the repairs on a flip? I was told an easy formula is the square footage of the house times $30. Is this a good tool to use?
Eric Dedovesh
House Flip Timeframe
General question, is there any recommendations or a rule of thumb for how long a house flip should take from the time you purchase the property? I know there are many factors that come into play. Thanks for the help i...
Jeff Libby
The order in which you renovate a property
What is the first order of business when renovating a property? Do you plan everything out, work on one room at a time, or group it into type of work (all floors first, then walls next, etc)? My thoughts are that you ...
Sam Tavakoli
Contractor Not Performing Work Over a Month Aftr Signing Contract
I closed on a 3/2 SFH fixer-upper in Columbus, OH on 6/10 and signed a contract w/ a contractor on 6/13. My agent recommended him and said he can get the mostly cosmetic rehab work done in 45 days (which is in the con...
Jason Xue
Increase Commercial Multifamily Value
Currently closing on a 30-unit commercial multifamily building. What are some good ways that you've used to increase the property value? Thanks!
Brandon Birmingham
First investment property-need opinions!
I am fixing to close on my first rental property. The bank did 75% I put 25%. The bank loan is 14,500 and my cash is around 6500 after closing and insurance. The home as is value is 25,000 with repairs that i listed f...
Nathan See
My first potential flip! Need help running numbers.
Hi all! New member here in the Denver, CO area. A friend of mine came to me with a potential deal. Looking for help running the numbers on this potential flip. Asking price of 270k with comps in the low to mid 300s(31...
Martin Rydder
What are rehab costs for Denver these days?
Hi fearless BP community. I’ve been a rental investor for a while and gotten great information out of here. I am now making a personal move to Denver. Online sources of information are hard to find and am trying to...