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I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
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In another thread where someone was looking for properties with Chinese drywall, a company called AbSheild was mentioned as having a remediation process for this drywall. I looked at this company and their claims.
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I have an opportunity approaching in 2017 to buy a small MXU building ($500-$600k). I am running the numbers and between the high insurance rate and the much higher interest rates with shorter amortization schedules, ...
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I'm having a difficult time getting 1st lienholder to provide details (payoff) to us as we are 2nd lienholder. They don't know but we're about to foreclose. I know we are entitled to info but what should I provide &a...
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I'm new here and really like this site. All this talk about property managers makes me wonder. How many of you used property managers? I've heard their rates are usually 5-10%. I handle one SFR right now, but am l...
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The numbers are in for 2021... 6 doors acquired in 2021... 8 total doors owned (all SFR)54k in rents, 24k expenses, 30k cap ex, and 30,500k in PITI...For a grand total of -31k net cash flow!!!but...400k equity growth!...
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So i feel and have heard comments about me getting rich while the contractors or employees do work for me which i feel isnt there business. They dont understand it and it makes me angry and mad but do feel exactly whe...
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Hello fellow BP members! I am a young aspiring agent/investor and want to get started in the business first as an agent. I was concerned at first reading that the median income for a real estate agent was roughly 39k ...
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Hello BP!I am narrowing my short list of turnkey companies I want to invest with, curious if anyone from the BP community has purchased a turnkey property from High Return Real Estate. I am working with Jack and he h...
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I see a lot of negative comments about wholesaling on here for some reason.
So I was just curious is there any wholesalers consistently closing 2-5 deals per month ?
If so maybe you can shed some light on your success