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Results (10000)
Mathieu Gagnon Infinite return -- Perfect Fix&Flip
11 June 2020 | 4 replies

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $198,000

Cash invested: $1

Sale price: $380,000

Project summary
Asking price: 205 000$
City appraisal value: N/...

John Nelson window replacement
19 November 2008 | 2 replies

I am struggling to decide whether to replace the windows on my flip or not. I have estimated that I would be able to replace all windows for 4k and another 1.5k would be spent on new siding, which is marginal. The cur...

Amber C. Accounting question for flips- WIP account
16 April 2024 | 5 replies

New to accounting for FLIPS. 
Right now I have all expenses (utilities, material, labor, interest loan payments, insurance) posting to the WIP account. 
Should I be posting construction loan draws to the WIP account...

Silver A. Estimated ARV wrong - flip it or keep as a rental?
7 April 2011 | 0 replies

I've been pondering on this all day, hopefully you can point out the obvious.

Last week I bought a tiny apartment in the city centre, it was pretty much an emotional purchase.

Purchase price was 8500€, repairs and...

Emory Keen Need a million to make two million
28 February 2022 | 3 replies

I don't know how to write this post without it sounding a little crazy so I'm not going to try. I have a client that has land under contract with excavation contracts worth 2 million dollars. He needs 1 million to clo...

Heather Klompmaker Potential Flip Deal in west Michigan
3 December 2016 | 5 replies

Hi All,I have a potential deal I am on the fence about. I am leaning towards no, but thought I'd check out other's thoughts as this would be our first deal that we've done besides buying, fixing up and selling houses ...

Marcin G. tax reporting
26 January 2015 | 1 reply

Lets say I flipped one property in 2014 and I am in the middle of another flip.In 2014 I bought a SFR X for 35K, put 30K (all in labor/material/holding costs + selling cost such as cost of closing attorney, escrow etc...

Michael Smythies Small Scale Fix & Flip Opportunity - Shoreline, WA
19 September 2022 | 3 replies

Hi BP, 
As an investor-friendly real estate agent that has gained an immense amount of knowledge and resources from this forum, I like to contribute as often as I can and share with you deals that I find/analyze in t...

Quint Beniers Cost when you would buy a house and then sell it
22 August 2014 | 2 replies

Hi there, another question from this newbieIf i wanna buy a forecloser house from $50.000, what cost i need to add in my calculation when i would pay cash?1:inspection $300/400 2:Survey letter $3003:termite inspection...

Maggie W. why escrow attorney asks for cost basis in properties I'm selling
12 August 2020 | 2 replies

The escrow attorney, chosen by the buyer, asks for the cost basis in properties I'm selling, basically how much I've invested in them. I've never heard this question before from an Escrow lawyer and I'm wondering: wha...