Closed on a great priced property. Should I list and resell immediately (for $20k profit) without rehab or rehab (for $35k profit after investing in $50k in repair)?
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Hi BP,I'm currently working on placing and offer on my first property. The property is a foreclosure and there are no pics of the house but the outside. I completed a rental analysis to run the numbers but I don't fee...
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we just bought a flip in an area that has very low inventory. A new house on the MLS will last 2-3 days with multi offers. My question is what is the best way to sell when complete? I was thinking of putting a FSBO si...
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I'm practicing running numbers and finding deals before I chase my first one, so i don't have any properties yet. I want to make sure I'm confident in my estimates before I find myself in a ditch where I have underest...
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Investment Info:
Single-family residence fix & flip investment in Kansas City.
Purchase price: $107,000
Cash invested: $32,000
Sale price: $167,500
Our first stab at a flip went fairly well. ...
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Hello all,New, beginner investor with a burning question: is it a good deal to have positive , $94, cash flow, but a low CoC at 1.5%?I have found this property but a rule of thumb is "a good deal is between 8-12% CoC"...
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Question - what's your opinion on a foreclosure or an auction for someone's *very first flip*? Good idea or too many hoops to jump through? I was doing some research on this last night. Also, which avenues do you use...
I've noticed that many developers/operators who are syndicating their deals and brokers (yes, their numbers are always "optimistic") who put out that their OMs for properties they're offering have ATC/Turnover costs a...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Norman.
Purchase price: $60,400
Cash invested: $60,000
Former drug house turned cute duplex in the heart of Norman, OK.
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Hi BiggerPockets Community,My name is Max and I am a 23 year old real estate agent and investor. I played baseball in college and began investing in the stock market when I was 19. I recently began as an agent at Ber...