Takeaways from Buffet’s shareholders letter that was just published;1. “Warren Buffett bemoaned a lack of viable acquisition targets…” Ditto - harder to find viable deals on SFHs and MFs.2. “But I will never risk ge...
Hello all,Warning, this question has many parts. My girlfriend and I have been going back and forth on this question and would love to hear what the BP community thinks. Our goal is to have financial freedom, at leas...
Hey everyone, I have a checking account I use to manage my rentals and other business expenses. I have positive cashflow on all my rentals so my balance in this checking account is accumulating but earning zero intere...
Hello all,This is my first post on BP and I am excited to dive in. Thanks in advance to anyone who reads this or replies.I've been reading Frank Gallinelli's book What Every Real Estate Investor Needs to Know About Ca...
Hi
I understand that people advice higher Cash ROIs to evaluate a rental (investment) property so that you will have cashflow. However, I am wondering why is it not a good option to go for short-term loan so that...
Ok I hava a question. I'm getting a property under contract, I'm planning on wholesaling to a cash buyer. The property is listed on Zillow. How do keep my cash buyer from seeing the original price of the property on...
Where (on this website or in a book) can i find out how to pick a great deal? There’s gotta be some kind of formula right? What are the numbers i should be looking for?
I looked at a property that is a bank forclosure asking price $116k. I wanted to make an offer full price with financing . I was told by my agent,that" the property has muliple cash offers, the selling bank was goin...
I recently Put 70k into a sfh in Everett,Wa. After my sweat equity I believe I’m sitting on 50% loan to value but I’m only earning 5% annually on that money. Interest rates lowered a bit so I could actually refinance...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $180,000
Cash invested: $65,000
Sale price: $328,000
Bank owned REO. FIX / Flip deal for one of my private inve...