I attended my first DFW REI Club meeting last night, and definitely plan on going back. There were roughly 70-80 people there to see Robyn Thompson - aka the "Queen of Rehab" - teach part of her curriculum, and it onl...
Would you open our envelope (picture in comments) and read our letter? How can we make it stronger? What type of follow up would you send? How soon after the original letters?We've read a lot about "yellow letters" an...
Hello BP Friends!
This is my first post and I am excited to be a part of the community. I currently live in my first home and am looking to move to my next home/pre-investment property and I want to see if anyone ca...
Hello BP members,Here a newbie from WA that is in trouble. After studying for many months the possibility of buying a house through a foreclosure action I finally did it, and even though I knew about the risk and repe...
What do you consider a good net profit or " home run" ? I'm thinking of selling. I know that there are many variables such as ROI, COC, time/duration, percentage, CAP Rate, etc. Looking for a number dollar figure. I w...
My business partner and I are closing a 4-family rehab property tomorrow in Central Connecticut. I will be using this thread to post what we go through on a daily basis. As soon as I can I will get some before pictu...
so i was reading this http://www.biggerpockets.com/forums/67/topics/21771-gut-rehab-costs and got the definition of a gut rehab
"A major restoration project on an old house or other building, ripping out ...
Brandon recently said that $200 of cashflow after expenses (including mortgage) on a house is a homerun. I am aware that different markets produce different results, but what is the minimum amount of cashflow you woul...
Looking into a deal on a house built in 1899. 3 bed 1.5 bath for $155,000, tons of value add potential, and right in the middle of a rapidly growing western Colorado neighborhood. Wondering if anyone has any insigh...
Greetings - I am closing on a duplex at the end of the month which is on a concrete pad foundation. I am really interested in trying to figure out an affordable Do it Yourself method to make these floors the actual fl...