Jason Avila
Should I Refinance or not
I have a property that had gone 2-3 years without payment through a divorce. The house was eventually awarded to me with the sole responsibility of pulling it out of the hole. This left 70K+ in interest, taxes past du...
Michael Pilolla
Is This Rehab Breakdown Acceptable?
Hey BP Peeps,I'm closing on my first property and I'm very excited. I'm working with a contractor who's done work on my primary residence (and is now a rental) and he's always done great work. He's an investor as well...
Toby Rachel
Rehabbing after a fire
Hi all! Anyone out there have experience rehabbing a home that has significant damage r/t a fire? Do you mind passing along your two cents, or directing me to information on things to consider when evaluating the prop...
Heidi Duren
I have my first two houses possibly under contract. Now what?
I made a deal with two highly motivated sellers, they're ready to go. I threw in a low number for both places and now we're moving forward. This is an incredible deal as I was able to get well below 70% and am excite...
Justin Franklin
Hard Money Lending, Is it for me?
I'm considering using hard money to lock up some deals and refinance out in 6-12 months, but I'm nervous. What are some things I should look out for, besides high interest rates. What are "good" hard money terms? A ma...
Kyle Soudalan
How does everyone "pull comps"?
Whenever someone analyzes a deal, I hear them say "I pulled comps on this area". I understand that to mean they took a look at comparable properties in the location of the potential deal. But how does everyone do this...
Account Closed
average cost per SF for rehabbing houses
Hi everyone. have completed 2 houses so far, ive tried to keep detailed records as to every purchase, every man hour spend doing the work and this is what i have come up with;* I came up with these numbers by doing 9...
Kyle Peters
Scope of Work Pricing estimates
Hey everyone, I recently finished reading J. Scott’s Book on estimating rehab costs. I know the book was published 5 years ago and the associated materials may be a bit outdated with the inflation that has taken place...
Alexander Cattran
Forming a partnership agreement for a 1st time investor
Hi everyone. I've been listening to/reading BP for a few months now and just found a way to buy my first investment property by partnering with a friend! I'm excited to get started, but I've heard and read over and ov...
Raman Gill
First Investment Flip Property - Prestwick Grove SE
Investment Info:
Single-family residence fix & flip investment in Shelby.
Purchase price: $290,000
Cash invested: $70,000
Sale price: $364,000
This was our first Flip property, didn't really ...