I talk with real estate investors almost every day, and the number one question they ask is, “How can I leave my W-2 or at least become work optional through passive investing in real estate?” I’ll cover a simple but...
Hello BP fam, I have been eying a property not far from an area that is experiencing a lot of re-vitalization. Its has a code violation notice on the boarded up door. the notice says unfit for human habitat. I'm wi...
In talks and negotiations with a motivated seller and working on getting to an agreeable price. Here is the info so far (very conservative, safe numbers). We are looking to wholesale this property.ARV ~~ 275k (absolut...
I am graduating from college in a few weeks and start a full-time job in Chicago in July. As I start investing in real estate does anyone have advice for investing on the side of their full-time job? Do you mostly foc...
Amazing how many deals get lost because of poor training, education, and simple Math . Most investors go into a deal worrying about the price and cap rate. Lets share an example here: These deal may still be available...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $265,000
Cash invested: $60,000
1930’s historic home with a converted garage. We are renovating it to be a 7+ bedro...
What would you say, (from past/current experiences) takes the longest to repair in a fix and flip?
Hey guys,I'm working on a project house to put up for rent. It's a 3/1 925sqft house that needs a ton of repairs. I got quoted for 12.5k of repairs incl materials to do the following:1. Install Vinyl plank floors thro...
So I've been hiring contractors for the first 7 rehabs I've done, and I've learned a lot about the construction process. A carpenter who does work for a contractor I recently parted ways with recently gave me a call a...
Needing some advice on a potential deal that was presented to me by a wholesaler I recently met through my local REIA. My plan is to keep property as a buy and hold. Here's some basics of the house: Located in south K...