If I buy a house for 50k, put 100k into rehab, then sell it for 200k with 6% agent commission, do I actually make a profit? Or do I just get back my original 30k?
Deal:
Money Out of Pocket: 30k (rest is financed)
B...
As we come into fall, I was thinking about the next 2 rehabs we are starting that will include new furnaces, and I just had a Boiler installed at another property. The advice from the HVAC Guy that put the boiler in, ...
:shock: That`s what the neighbor of a property I bought in upstate SC mentioned to me, after calling me back to confirm the breakers were off(power getting turned on today). I suppose I shouldn`t be too surprised, a...
Hello,I purchase a two notes and trying to get my notes transferred to Madison, but I am still waiting for Statebridge to get things going. Has anyone worked with them or have a contact number for someone at that off...
Hello All,I'm am excited to become pat of the Bigger Pockets family.I'm signed up, looking for my first deal and a bit anxious.My goal is 33 flips in the next 5 years. And, to add enough rentals to my portfolio to cre...
Give me the best book, course, or website for getting started in real estate investing.
Hi guys, Ive just heard of the rule of 72 when it comes to borrowing money from lenders. But when i applied this calculation to my property, I realized i will be losing out more money. For example, If I lend 75k and r...
I'm based in NYC with some family in San Antonio. I recently closed on a SFH near Leon Valley and on my visit met up with a couple real estate agents who are gearing me toward Northwest. It looks like a wonderful pl...
Hello, I have been a member of BP for a little while now, but never made the introductory post. My wife and I have lived in the Charlotte area for a while now and purchased our first rental property this past year. ...
Hey everyone, My name is Tom I'm from Monmouth County NJ. New to the site and to RE investing. Looking to get started with wholesaling first and progress to bigger investments like fix -n-flips. Hope to gain some s...