Andrew Ernesto
Average cost per SF New Construction - Reading, PA
Hey everyone - I am working on a model and looking for some metrics related to new construction cost in the Reading, PA area. Appreciate anyone's thoughts or recent data on this. - Andy
Horacio Gutierrez
Paying below replacement cost
Hello,Can someone explain to me why buying an existing home below replacement cost is consider a good buy. What's the idea of buying below replacement cost that investors say will in the future increase the home value...
Lane Kawaoka
Invest or buy a home... that is the question...
Looking for advice and feedback on the following debate. Here is my 2 cents:Home ownership has been idealized as the American Dream with the white picket fence. Emotionally, it has provided many couples a sense of own...
Babu Ramadoss
BRRR - Closing twice is being very expensive.... Other options?
Hi In BRRRR, you make two loans : Short-term Rehab loan upon purchase and long term regular loan at the end of rehab. For each of the loans, the closing costs comes to about 10 - 15% of the loan amount. So I end u...
Le Nguyen
Loans and Profits
Hello, I'm new to buying and selling real estate, so sorry if this question bugs anyone, but I'm just trying to get a better hold of what I've been reading into for a few weeks. What I was wondering is If I bought a p...
Nicholas Alves
Buisness Trip Write Off Technical Questions
Hey guys! Two part question here. Is traveling to a different state to look at rental property considered a business trip? I will be going to Hawaii to look at some rental property. However, I do not have my LLC fo...
Jeff Modjeska
Should I jump into a major rehab with the cost of materials
I want to brrrr or flip properties and was super pumped, ready to jump in but I'm seeing the cost of rehab material out of control... Curious what other BP investors are thinking about these issues? I know you want to...
John Huynh
Chicago: Multi Unit Closing Costs Estimate
Hi everyone,I see some people are estimating 3%-5% for closings costs. I am trying to calculate the closings costs for multi-unit properties in Chicago. Any advice on how to estimate the closing costs? What are some f...
Account Closed
Flippidy DO DAH - Fix & Flipping Today & making a Mint
One of the most often asked questions is how to get started in flipping. Here is how I determine if I’m going to keep a flip as a “Buy & Hold” or Sell it to an end buyer. Since it’s actually a little complicated, ...
Jay Wu
Better lenders in Rochester NY?
Hello BP, my partners and I are currently under contract to buy our first investment property (duplex) in Rochester NY. We’re putting 20-25% down on this $130k property. Our current lender came back and told us our ra...