Purchase Price: $39,000Buying Costs: $1,000Selling Costs: $10,400 (Incl. commission, buyer's closing & warranty)Rehab & Holding Costs: $24,400Sale Price: $101,500Profit: $26,700Holding Time: 112 days cl...
Hello all! I am a newbie investor (1 property as of now, but I am looking to expand that currently). I have been diving in to reading materials and podcasts as much as possible, and have come across Pace Morby and the...
In a couple of weeks I'll be getting my RE license and I look forward to jumping right in. After spending a year in the wholesaling world and working with a bunch of agents, I learned more about what I don't want in a...
Hi all,I have the opportunity to buy a vacant SFR from a wholesaler that I would fix and flip. I've known this person for about a year from our local REI group and I trust him. This property is less than a mile from...
Good morning all!
I recently had an investor contact me and asked if I can work with him, he found my business card on a home (I'm a real estate agent in the Brooklyn area)
I think it's a great opportunity and I de...
Good Afternoon All, I am writing this post as I am looking for some guidance on how to approach a shared ownership of a rental property. Both of us will be utilizing an LLC. but will be going in on the property togeth...
Hi all. I have spent a lot of time on the forums without seeing a great answer to what I am trying to do. I have one property right now that I own, and am looking at moving in to more with money from some interested f...
So, it's understood that I need to save up a "massive" amount of money in order to even think about a flip but I know my area (Central Islip Suffolk County) very well as well as its surrounding areas and am itching to...
I'm new and trying to invest in real estate. I'm a merchant mariner for the US Navy and I'm gone all the time and maybe home 1-2 months out of the year. My question is with me being gone so much is real estate investi...
Hey fellow BP members, I have a private lender that has quite a bit of equity in their home. I found out about it and approached them with an opportunity to put that money to work. I told them that instead of taking m...