I was suppose to close on that deal July 10. I'm buying a REO SFR all cash deal. The original contract called for June 24 to close. Then the seller asked to make it July 10. I agreed, signed the contract and put $1,00...
Just like you wouldn’t go renovate a property without having the right tools, you wouldn’t buy an investment property without having the right data. These are the 5 research tools I use to make data-driven investment ...
House Cost: $244,000
Taxes: $7,521
Mortgage Payment, including taxes: $1,760
Gross Rents: $40,200
50% Rule: -$20,100
Debt Service: -$13,596
Net Total: +$6504/year
+$271 Per Door Cash Flow
How are my calculations? ...
Hello I'm Eric. I've had an account for a while, but I'm rarely on here. I'm in the process of starting a real estate company for Buy and Holding investment properties and wanted to know, how exactly do you spot emplo...
Hello BP!Newbie here, asking for help.. I am from FL, my spouse and I started an LLC (partnership) and last Sep 2021, and the LLC is 50% for each member. We were able to close on a Townhome last week and of course we...
Hello Everyone,I am trying to put together multiple spreadsheets for investors on various properties. An issue I am running into is finding costs for painting, roofing, HVAC, drywall, plumbing, electrical etc.. I find...
I keep seeing wholesalers list their deals along with exit strategies. Something that always rubs me the wrong way is when I see their asking price, then estimated rehab costs, then the MAX arv. Why would someone li...
Just bought a house and will now rent out my current property in VA. I have been researching and there are sooo many things out there. I also been seeing websites that you can use to screen tenants and manage your pro...
Hey Guys,I have been pursuing this park in my area. I have worked the numbers on the bigger pockets calculator. To me, it looks like a good deal. My agent however (who is also a very close friend) is urging that it...
I am wondering what advice you can give on an appropriate waterfall payout to investors if I am the manager of the real estate assets, leases, and management. I am planning on owning each property in a separate co...