Jeremy Veal
Flipping in North Dallas
Hello everyone,I am new Pro member to the BiggerPockets family and wanted to see if I can get some advice or information. Does any know a good and credible wholesaler in the North Dallas area? I have talked to a coupl...
Wendell De Guzman
Violating the 70% rule and still making money?
Have you violated the 70% rule and still made money?
For those of you who don't know, the 70% rule is basically the multiplier you have for the ARV (or After Repair Value) from which you deduct the repairs an...
Tommiesha Purnell
What was your worse investment
So here is the scenario: I was doing my driving for dollars in a pretty good neighborhood close to downtown in appleton. When I came across a completely stripped house it has a deck in the back and on zillow it was di...
Sol Bier
ARV Numbers & Brokerage Fees in Bay Area Flips
Hi All,I've been putting together excel sheets for flip targets in the Bay Area as practice and I am seeing some disconnects between the standard suggestions (70% ARV, lower profit margins than many here ask for but m...
Julie Muse
The Linden Homestead Revival
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $125,000
Cash invested: $103,000
Sale price: $425,000
Ah, the tale of 5035 Center Rd, Linden, MI 48451 – a stor...
Noah Evans
3 bedroom/ 1bathroom/ 1,300 sqft
3 bed/ 1 bathroom/ 1,300 sqft
Purchase Price: $185k
Rehab/Cash Invested: $22k/$50k
Sold Price: $249k
Net Profit: $41k
ROI: 20%
Hold Period: 4 months 01/11/20-04/10/20
Huggy Baird
How I plan to compete with wall street
As you all know, wall street is moving in on our turf. Thought I'd share my plan to stay alive:
1. Convert multi-family to single family dwellings. In my particular region there exists a large double (up/down) hous...
Yehuda Spiewac
STR Co-listing - Tips
Hi all, I’ve seen some talk lately about co-listing on Airbnb as a good market to enter without requiring a lot of capital and being able to manage on a more flexible schedule. I was wondering if anyone has experience...
Shelby Van Horn
First Flip - Trying to Avoid a Huge Mistake
Hi there,My partner and I are trying to find our first flip. Although I have been following and learning from BP for years, we are both brand new to this, and I think we may be about to pull the trigger on a mistake,...
Phil Long
Economic Model for Flipping Business
Can anyone share their Economic Model for a flipping business? To clarify....if you made $1mil in revenue, and $400K in profit for the year, the 60% in expenses would be broken down by what? I'm guessing it would lo...