Using hard money at 10% interest and 3 points... As I run multiple scenarios on a house with an ARV of $200k and say 40K of rehab (thats what one GC blindly told me.) I'd have to offer as little as $89000 to the sel...
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Hello BP!Today I closed on my first buy and hold rowhome in Baltimore City. It's my first real estate deal ever - and seeing as how I only have the faintest idea of what happens next, I figured my journey of figuring ...
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You are probably asking: What is a wholesaling business? I’m sure that if you are on Bigger Pockets, then you already know what wholesaling is. Now imagine you had an endless supply of properties to wholesale… how yo...
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Hello everyone!Quick bit about me- I'm a data scientist working in NYC and literally just started looking into REI a week ago. Mostly because of the dream I have of retiring early with a nice cash flow, but also partl...
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I found this UBS article while doing some research last night. Some folks on BP may benefit from it:What Is "Wealthy"?After reading this and several related articles the consensus seems to be around $5M to be conside...
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Hi everyone,I am building a 2800 sq. ft., 4 br/3.5 ba home with a 1600 sq. ft. unfinished basement on my 13 acre farm in Bealeton, VA. Although this is not a spec house or custom build for a client, I am using this o...
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So I had one of my rentals on craigslist with a lockbox on the front door. I've been using lock boxes for 10 years. I had a rental on the market for a few weeks giving out the code to people to look inside. Yesterd...
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So I'm lying in bed, exhausted. Just when I fall asleep, my cat wakes me up just to be annoying.
But rather than quickly falling back to sleep... I start doing real estate math in my head. And suddenly I'm wi...
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I just saw the latest proposed insanity, set to be voted on by the Seattle City Council next Monday. I would be surprised if it does not pass. This one would ban all criminal background checks by landlords of prosp...
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Hello all. After many hours/weeks of research and communication with members on BP, I decided to go ahead and get my RE license for different reasons that will aid my personal goals in RE investing. I was considering ...