Regina Jones
formula for Rehab costs on Flip and Fix.
I need to know the 2 minute formula for rehab cost. I'm finding homes that have good profit margin but the rehab cost is a little high. What is a formula that will work on most flips? I have one that I use but I wa...
Kolton Miller
1st property. Starting an LLC for property management?
Hello! My wife and I are under contract on a second home, and we plan to rent our current house out. We are excited to start this journey. We plan on managing the rental ourselves. I am curious if we should start an...
Rebecca Raskind
Successful Palm-Springs inspired flip in Ladera Heights
Investment Info:
Single-family residence fix & flip investment in Los Angeles.
Purchase price: $1,040,000
Cash invested: $350,000
Sale price: $1,940,000
Contributors:
Samira Mahjoub...
David Fantell
Help on estimating numbers
Hello everyone,I need some help. I am analyzing my first single family fix and flip property and I am trying to total all expenses for the project in order to present it to my gap funder, but when I run the numbers t...
Prithwish Mukherjee
New to real estate investing - part 2
This is a follow up to my previous post about learning to invest in real estate.Thanks everyone for their comments. I am particularly interested in areas which I can either start earning right away as short term or lo...
Nicole Chriqui
Entities and Taxation
I currently have 3 free-and-clear rental properties in a single-member OH LLC (I live in CA). Since that LLC is a disregarded entity for tax purposes, I use Sched E on my personal return to account for the OH rentals...
Account Closed
Turn Key Type 1 vs Turn Key Type 2 - Be sure you know the Diff
There are a lot of people asking questions about Turnkey recently because acquisition costs are so high in CA IL NY WA OR and parts of TX. The key to making money by buying a Turnkey is knowing your costs and knowing ...
Jack Yu
JV with experienced investor what would you do?
Hi BP members, I'm planning to JV a fix&flip deal with a experienced investor, below are the 3 options he is proposing..I'm looking for advice if you are in my shoe, which option you will do without hesitation. Pu...
Jason Ray Richardson
Commercial Real Estate Valuation
I've seen several different ways to calculate the value of a commercial building. I believe that it's more based on rents versus looking for comps (like on single family residences). My questions are1) Is there one me...
David Song
Rent or flip
Just got a house under contract, SFR in San Jose, ca
$365k price, rehab, $30-35k
Rent estimate: $2400/ mo
ReSale price: about 430-460 k and maybe a little higher depending on market
All cash deal
Any suggestions ...