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I am new to real estate. I am almost done my first JV. So far so good. I have a bid accepted from a bank REO for a home to be rehabbed and flipped. I was planning to use hard money for that deal. There is a private mo...
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Hello everyone,My lady and I have decided to get a little more organized with our planning. We've been deep in the education phase and now we're looking for the best ways to establish goals and intent. Would anyone ha...
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I know there are lots of spreadsheets for flipping but I can't find one that fits me. Here's why:
I have a good contractor that does all labor, provides estimates of all material, and purchases on my Pro account at H...
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Greetings All,Attached is an analysis Exel Doc from BP for a property I'm looking at. It's in a Low-Income/Lower Middle Class neighborhood. Not a bad neighborhood, but not a "doors unlocked" area either. The average r...
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I am wondering if I need to purchase an accounting program to keep track of my first property? It is just one more expense, but since it is just one multi-plex is it really necessary? Also, do I need to file a DBA wit...
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Hi Everybody,
Thought I would share my spreadsheet on a duplex that I have a pending offer on. Plan is to use my VA Veteran's loan (0% down, just closing costs & funding fee). Also working on getting th...
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Dear BP members.
I would like to receive your comments about the analysis I did for this property. But, before jumping into the analysis sheet, I would like to share some thoughts about the area to know if you have ...
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Hi
So me and my partner have now rental property that is worth above > $1M. Since all of them has mortgage behind them, our net equity is much much less - 20% or so. But I suppose we are still required to file a b...
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Hey BP,
Just refinanced my home. Bought for 252k in 2010.
Haven't really paid extra payments other than a few payments towards principal.Have the original loan down to about 220k. Appraisal came back at 295k.Original...
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Y’all- I know there are calculators and I love that. But I’m also old school and neurotic and would like to do my own calculations. I know eventually it’ll be like driving and I will get the hang of it. Are there chea...