After all these months watching HGTV and reading books. I was finally able to pull out a modest profit on my 1st flip deal. I’m grateful that after all the startup cost and unexpected issues, I was able to come ou...
Hello. I was wondering how everyone feels about staging homes that are being flipped. 1. If your market is hot and you are getting offers in days is it helpful still?2. Do you think it increases value or just lessen...
I bought a property (built in 1963) for $60K in north carolina from a wholesaler back in Feb 2018. I started the renovation by pulling permit from The city. Since my renovation estimate was under $30K then I put my na...
Every project I’ve done has had different requirements and dependencies. Understanding the key phases helps me form a structure on how long it’s going to take so I can effectively manage the timeframe and communicate ...
It's like getting a drink of water through a fire hose! So little time so much to learn. Offer accepted and due to close within the next week. The numbers I am estimating are as follows:
ARV (last week had ...
I believe that there are 3 main “stages” of investing. Stage 1 is higher risk, aiming for high returns, wealth accumulation. Young investors, with low net worths, few family responsibilities, and a willingness to “ro...
Hello! We are in the latter stages of finalizing a private equity fund that will be investing in value add SFR. We intend to deploy a minimum of 1.1M beginning this year. As returns suffer the longer capital goes unde...
Good Evening BP! Does anyone have experience building Multi-family? I am on the planning stage getting blueprints finalized gonna house hack a duplex. Next is looking for contractor then off to financing. Any advice...
IMO, the financial reasons for investing in real estate include 1- Asset Preservation2- Increase Wealth3- Current Income4- Tax MinimizationWhile these four are not mutually exclusive, the more you benefit in one area ...
Investment Info:
Single-family residence buy & hold investment in Forestdale.
Purchase price: $560,000
Cash invested: $310,000
Sale price: $1,700,000
Full home renovation + ADU garage conv...