Stuart M.
Why is cash flow important to many here?
I was thinking in a long term view. Take two examples, tell me which you'd buy.House 1:100k house, 5k down, 20k in repairsRents for 2kCash flow is 500/moHouse 2:500k house, 25k down, no repairsRents for 4kCash flow i...
Sharad M.
What is wrong with some wholesalers?
So this morning I get a text from a wholesaler about a property. He is asking $50,500 and I Google the address and surprise surprise, the house is listed on MLS for $45,900. It has been active for about 30 days.It's l...
Scott Trench
Did you quit your job? We wanna brag about you!
It's been a topic mentioned extensively on the forums, podcast, blog, and in our webinars. EVERYONE seems to want to quit their job with real estate. We know it's possible, we've seen it done. What we don't have is ...
J. Martin
Using range of expenses in your profit / ROE estimates?
I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
Kingsley Okwerekwu
Estimating repair costs off MLS pictures...okay to do? Or stupid?
How can I estimate rental costs on a MLS listing from my computer? I am looking to begin my first flip in the next 2/3 months...is it okay to see fixer upper appear in my market and just make an offer of what I “think...
Joshua Dorkin
What decisions do investors need to make to do their first deal?
Hey Guys -I was hoping for your feedback on a process question we've been pondering.What decisions do you believe an individual needs to make in order to close their first deal?I'd love to hear your thoughts on those ...