Account Closed
Understanding the cost of construction
Construction is one of the things every investor needs to know, but is also one of the things that Varys so wildly. Cost can range from almost nothing to way out of the solar system. So how do we understand the cost, ...
Joseph Bass
Can you help me understand?
Often times on the podcast and in books they talk about your ability to say "no" and how important it is. You should be able to say to all things that can distract from your goals investing. Then other times they will...
Zack Lawhorn
Newbie trying to understand costs
Hello, I’m currently 17 years old and looking to get into real estate in a few years. One of the things I’ve been wondering is the total cost of buying a property. Other than down payment, what other costs are there? ...
Dave S.
Understanding the In's and Out's
Im looking to get a baseline understanding of HUD / Tax Sales / Sheriff sales / etc... Which ones do you have to worry about for 2nd liens, back taxes, fees, etc...These are honestly the things that are holding me bac...
Wendy Fate
Help understanding BRRRR Analysis Report
Our first REI deal! Can anyone help us understand these numbers better? We used the BRRRR calculator, but to be honest, I don't know what to shoot for with some of them. I am not sure what would be a good deal, othe...
Nicholas R.
Understanding a property sellers situation
Hey all,
This is my first post here. Thank you in advance for your attention. I am a first time buyer. My wife and I are looking at a townhouse in a popular/competitive neighborhood right outside of NYC. We have sett...
Jeremy Bartlett
Need Help Understanding Estate Sales
Need help understanding estate sales. A duplex popped up that I am interested in as an owner/occupy. It is listed as an estate sale priced $50K under tax assessment at $450K. The numbers really only make sense if I ca...
Tracy D. Garrett-Numa
Understanding Zoning Code for Baltimore
Hello BP Members (Baltimore) I am rehabbing a property in Baltimore and I do have trades who are licensed however, I would like to be as informed about zoning codes as possible. How do I look up codes for the differ...
Harry Aiken
Help me understand. 100k scenario.
Condo: 100k. With a 20% downpayment of 20k. Ill have a loan for 80k. Closing cost of $3000Cash invested: $23,000Rent: $1500/mo or $18,000 yearMortgage $500/mo. Or $6000/year.Vacancy rate at 5%. $900/year. HOA fees are...
Anthony Soliveras-torres
Understanding MAO(Maximum allowable offer)
Hey BP,So I’m doing research on MAO when wholesaling and I’m get confused or maybe just been thinking about it to hard but after finding your MAO, how do you know what to sell it for.do I just add my profit back to th...