The risks of real estate investing can be mitigated through various strategies:Research and Due Diligence: Thoroughly research the market, property, and neighborhood before investing. Understand factors like demand, s...
When looking at a property what is the best way to determine whether to make it a rental or a flip?
Hi all,
I wanted to get some different perspectives on how you all run your numbers. I mainly curious about what you calculate for Cap Ex, Matience, and vacancies. most of the other numbers are pretty much given to...
I’m looking to start BRRRRing once I develop my portfolio and get some skin in the game. I plan to start off house hacking small multifamily properties and transition into BRRRRing properties. I just wanted to know so...
Hi Guys!
I need some clarity on something. Upon analyzing a few potential deals, I noticed that the properties won't cash flow positively after refinance which makes me think I'm going wrong somewhere.
If a property...
Hey BP!I’ve got a friend who just started wholesaling and got a off market deal under contract that’s also a great deal for me to be a BRRRR or flip home run. It’s his first wholesale deal as well as my first time bu...
Hello all, newbie investor here from Rhode Island. I've completely fallen in love with this community and the endless amounts of information that it provides. I plan on delving into fix and flips via hard money in 201...
I am a newbie to the investing world. I have read many books on the topics, talked to many brokers, etc. My specialty is in real estate insurance so I know a little bit, but from a different angle. The holy grail that...
A lesson I learned later is that real estate is not just about numbers, which is contrary to the thinking of most investors. Focusing solely on numbers often leads to the purchase of low-quality properties. For exampl...
A little help w/the 70% rule calculator and my math please. ARV 159K. Rehab Cost 60K. No extra profit needed. After hitting the calculation bar it gave me an Est. Purchase Price of $51,300. Now , ARV-RC-EPP=$47,700. I...