Hi All,Longtime lurker first time poster. I’m considering accepting the terms of a Subject To deal and want to know if I’m missing anything. I’ve done several deals in the past but have never done a subject to. I'd li...
Just need some clarity on the BRRRR model.Purchse price: $300,000Rehab: $100,000All in: $400,000Appraisal:$650,000Equity: $250,000For this example, lets say I put down 20% of the purchase price ($60,000) as a down pay...
This is both to share what I have found so far, and ask for additional ideas/feedback. Basically trying to figure out the best way to have two completely separate internet networks on a property including the wired e...
Hello all,
I recently closed my first wholesale deal and have a few other deals in the works.
I will be closing on a deal next week on a property for 55k. It needs about 15k in work and has an ARV of 11...
It's a prerequisite in my area (Binghamton, NY) to furnish student rentals. I'm competing with two different groups: New apartment buildings with top rents and new commercial furniture and older properties with 40%...
When looking at expenses related to a property (vacancy, HOA, utilities, PM, repairs etc), how is that set up within a bank account? Do you lump them into one account and then dip into it when a vacancy or other expe...
Hello,
I just read the ultimate guide sticky post about screening and renting.
I have a question about tenant income.
They suggest that a tenant should have at least 3 times the rent in monthly (gross...
Need some advice. So currently my in-laws are getting ready to sell their house and go their separate ways, while staying legally married. He will most likely need to file bankruptcy here in the near future (credit ca...
Hey BP, ive been wholesaling properties for the last 4 months and im trying to save up money so i can do my first flip. I was curious, could i do my first flip with $50,000 saved up, and how would i put the money to u...
Howdy, I'm making my way through every BP Podcast right now educating myself as much as possible before I make my first purchase. Earlier this week I happened to listen to episode 247 which was Brandon's 90 day challe...