Hello all,I have an investor who is ready go make the move on the "right property" this summer and I'm wading through information and comps to make sure that his investment balances with rehab money and still come ou...
Hi guys,
I'm in contact on a rehab deal and I'm contemplating if I should go with hard money or rather with an equity partner.
The basics of the deal is
100k purchase price.
25k rehab.
180 ARV.
This should be a...
Most investors walked due to location. Realized profit will be over $70,000. Sold in 4 days!Purchase: $160,251Renovations: $62,000SOLD $315,000
I have 2 questions:
1. When you underwrite a fix and flip deal in your upfront due diligence, what figures do you us for the cost to sell? (do you use a percentage, standard fixed fees + percentage, etc)
2. When yo...
Hi, I'm a real estate broker from Tucson, Az and I'm just about to close on my first flip deal which happens to be a short sale. I made my offer on this 3 bed 2 bath townhome in Tucson, Az back in August and it's on...
I was in @Brandon Turner's webinar yesterday and thought all the info was super helpful but one question I'm trying to reconcile is $100 - $200/month enough on a rental to cover any potential downside risk. I partner...
I'm talking to potential sellers in some select zip codes close to Downtown Kansas City, MO. I've targeted areas of town where I'm seeing a lot of flipping activity. Of course, there is the classic MAO formula for who...
Hi,
I have been wholesaling for a couple months now and I initially thought that properties should be in terrible condition for a rehabber to be interested. But, I have talked to a few rehabbers and they say they wil...
Hello BP,
I could use the expertise of the BP community. I wanted to know if there is a common number or rule of thumb when an investor is purchasing a property from a wholesaler. I understand that wholesalers try ...
p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px 'Helvetica Neue'; color: #454545} p.p2 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px 'Helvetica Neue'; color: #454545; min-height: 14.0px}Hi all,Need some quick adv...