David B.
Contractor suddenly over budget by 40%
Hi everyone I’m in the middle of my first flip. I locked up a single family home (roughly 2600 sq feet) with 5 beds and 3 baths for $454,000.The ARV for the area tells us we can probably sell the house for 685-700k on...
Andrew R.
UK market update following budget announcements
Hi,
Naturally most post here are US-focused, but I hope there are others here with an interest in the UK. This is a brief post for anybody who is interested with a little snapshot of changes to the UK market this wee...
Grace C.
How to budget for maintenance cost
Hi, I know "it depends" but in general how should I estimate maintenance cost of a property? I'm seeing a 100-year old house "completely renovated, systems and cosmetic" in 2011. Is there some sort of guideline that I...
Dan Miller
best marketing for a limited budget
I'm a new investor and trying to figure out how to get the best bang for my limited buck. Let's say I have $500 a month that I can spend on marketing until I get my first deal completed. What is the best way to marke...
Brandon Yuan
Legal budget for small apartment acquisition
How much is a reasonable budget for legal cost for small apartment acquisition (20 to 30 units)? Activities may include review/revise contract (any special language addendum outside of standard TAR contract), review t...
Franklin Ivey
Advetising budget for new Wholesale ivestor
Good DayI am a newbie to the Wholesale business and have several questions. Today i'm trying to find out information about starting my first Direct mail campaign. My first few questions are as followed.1. I have a sm...
Chris T.
What % do you budget for marketing?
I'm just getting started and I think it would make sense to budget for marketing. What % has worked for you?
Bill Coleman
% to budget for seller closing costs?
I am trying to figure out seller closing costs on the back end of a flip before I set my offer price. Does anyone have a formula or percentage that has proven reliable?
I've searched the BP forums and didn't ...
Guillaume D.
Marketing Budget to Find Killer Deals
Hey BP Community!I am curious to know how much money are you guys spending on average PER YEAR on marketing expenses related to finding deals?In 2017, I've spent about 60k in Marketing and my ROI was a little higher t...
Eric Bretzman
most common budget miss in rehab
So what are the most common rehab budget items you miss on and why does it recur? I'm not talking about not knowing to budget for holding costs and things that should have their own line item. I'm thinking about the i...