Kat Hussey
Flipping Math Confusion
If I buy a house for 50k, put 100k into rehab, then sell it for 200k with 6% agent commission, do I actually make a profit? Or do I just get back my original 30k?
Deal:
Money Out of Pocket: 30k (rest is financed)
B...
Joshua Dorkin
Congrats to Jon Holdman on Over 10,000 Forum Posts on BiggerPockets!
Our incredible moderator - Mr. Jon Holdman - aka Wheatie - Today crossed the 10,000 forum post milestone here on BiggerPockets.
I wanted to thank Jon for all of his incredible posts and the wonderful advice he has be...
Adam Azam
What is the end date for a 90 days notice?
I am planning to give my tenant a 90 days notice that I won't be renewing the month to month lease. If I give today, does that mean it's exactly 90 days later the tenant has to move out or the first day of the followi...
Mark C.
Homepath Property taken off market at 99 DOM
I was bidding on a homepath proeprty which underwent 2 price reductions. From $225k, $220k, down to$209k. These price drops happened at even intervals (~34 days). We were bidding back and forth for a few exchanges...
Lourdemir Aime
Buying a rental property
Hello BP communityIts about 4:19 AM my time zone. This is the best for me to use my brain and the children is sleeping. Its been almost a month since I join BP thanks God I did, everyone post made an impact in my life...
Kristin McPherson
STR w/o renting to strangers (time share with friends & fam only)
A friend of mine told me about her parents' vacation rental arrangement, and this setup really appeals to me. It's basically a time share arrangement among close friends & family. As I understand it, one person ...
Monica Evans
Deduct paint cost from security deposit?
Experienced landlords:Generally speaking, when you are turning a property between long term tenants, do consider re-painting as a “standard” part of the process? Or, do you consider that as “extra” wear and tear and d...
Corben Briggs
Septic System Mound
Hey all!So I am looking into purchasing a new single family investment opportunity in a nice area of MA. One thing about the property is that it needs a new septic system in place however it will need to be an elevate...
Aroldo Villarreal
When do you quit contacting seller?
I have collected leads on my CRM and have them scheduled to call back at certain intervals. For example, I have one that I know will need to sell eventually since they have a leak in the back which is basically runnin...
Ammar Khan
House-Hacking / Managing Property / REPS?
Hey everyone,
I've been learning about attaining the real estate professional status (REPS).
From what I understand, if I own the property, and if I self manage it, then I should just about automatically qualify for...