Stacy Weng
First Time Flip ROI
I know this is going to be different for everyone, but what's a good ballpark ROI to aim for for my first flip? I'm analyzing some deals right now and trying to figure out what a realistic range is. I'm assuming that ...
Kory Clark
Time Management
Hello Everyone,I'm 23 years old college graduate looking for a job with a goal to become an investor. Having no real money to really go out and do anything I find myself spending a lot of my time goal setting, learnin...
Luther A.
How to rent a subject-to deal
The vast majority of subject-to deals the PITI is higher than the rent. if this is the case how can anyone ever profit from these deals? if you setup a rent-to-own for a buyer then they are going to buy the property t...
Evan McCourt
First flipping project
Investment Info:
Single-family residence fix & flip investment in Somers Point.
Purchase price: $90,000
Cash invested: $80,000
Sale price: $230,000
Our first flip was of a 3 bedroom 2 bathroo...
Josh Holman
Ideas for SFH w/ large lot and potential to be commercial.
BP Investors,Let me lay out some characteristics of a potential deal and what you seasoned REI’s would suggest as making it profitable. I came across a 3BD, 2BTH, SFH for 200K and a new concrete floor outbuilding 26’x...
John Collins
Is it shortsighted to focus on flips as opposed to rentals?
Realtor accidentally listed one of my properties on the market instead of for rent (one I had put a lot of work into) and the offers were well above what I expected. Could have sold with a 60kish profit but it was a m...
David Robertson
ROI- Determining desired profit?
When analyzing properties to fix and flip, how do you determine desired profit? Do you use a %, monthly return on investment, overall return on investment? What is a reasonable/typical profit % or return on cash inv...
Rebecca Dailey
Recent flip- Luzerne County, PA
Investment Info:
Single-family residence fix & flip investment in Pittston.
Purchase price: $23,000
Cash invested: $45,000
Sale price: $119,000
One of our recent home flips, which net a solid...
Chase C.
What Parts of DC Area Aren't Tapped out for Newbie Flippers?
Hi, BP Members.Long time lurker, first time poster here. My brother and I want to team up to flip houses, and we have about 85K in cash to leverage to get started. We thought we'd start in the DC area because that's...
Patrick Philip
Has anyone ever flipped a house that went wrong?
Reason I ask is because I'm about to take out a HELOC to rehab a house. I am on the lists of many wholesalers. I know I have to check the numbers myself. But if they come back good and I get an inspection before I buy...