Ori Skloot
2% Rule IS possible in SF Bay Area!
I’ve heard many times on BP that the 2% rule is impossible in the SF Bay Area…if you are lucky, maybe you can break 1%. But my recent experience has shown me that with a lot of hard work and perseverance it is very p...
Aaron McGinnis
Flip report - Sinkhole (56k go home)
Well, some of you may recall that some months ago I posted a flip blog for the Heart Attack house. We bought two houses, side by side, on a street in a developing area. The Heart Attack house was a gut-out renovation....
Eddie Egelston
What is taking everyone so freaking long???
Hi All,Why is it that all these house flippers out there take 3-6-9 months or more to rehab their house?I mean no disrespect, I just want to start a discussion and let everyone play devil's advocate.I'm talking about ...
Caleb Rigby
My first flip - ghetto house to best house within blocks
I learned so many lessons on my first flip. I bought this house in July 2016 from a wholesaler in Ogden, Utah. I wanted to share some of the most valuable lessons in case they helped someone else out in their real est...
Mike Franco
Is there a correlation between nicer homes and better tenants?
I'm wondering whether you landlords have noticed better qualified applicants after you renovate (or if you have a nicer looking dwelling)-- People with higher income, stable jobs, better ability to pay rent. Are the ...
Kim Handelman
Help! I made a mistake - how do I save this deal?
Hi all, I'm trying to get my first wholesale deal done - it's been a long process with the sellers disappearing for months on end. My attorney (first time I used him) insisted I put the "able to assign" in the contrac...
Chuck K
Help me structure this lease to own strategy...
Newbie here, bought a new residence and plan to offer my older home for rent or lease to own.
House value is around 170K, owe 120K and rent comps are between $1300. It's been completely rehabbed. If I decide to g...
Timothy W.
An investor just blew $45,000. Want to know why?
An investor who had a fire at their property had full insurance coverage on the loss, the policy was in force, had about $90,000.00 in damage, had a limit of insurance of 1.5 million dollars, and was a clear cut case ...
Danny Mak
Hire Contractor or Fix Myself?
It is with great excitement that I am writing this post. I am going through closing on my first home! It seems like a dream because I have been researching for so long and I never knew when the right property would co...
Grant P.
Is the 2% rule possible with houses I actually want to own in my market
My big dilemma is the 2% rule. I see and hear everyone talking about it, and I am jealous of the ROI they are getting, but I have a few issues with it.
1. I really don't see this being possible in my market, not wit...