Felix Lilly
Looking for my first property
Hello Bigger Pockets.
For the last few years I have been looking for my first property in the greater Portland area. I am wanting to ideally find a single family house with a few bedrooms so I can rent out additiona...
Account Closed
Eligibility/ Clarification 199A and Self Directed 401k
Me and my partner set up an LLC in CA (taxed as a partnership) in 2019. We are the only individuals in the company and performed over 1000hrs each this year and will continually maintain those hours developing our lar...
Account Closed
My first investment property
Im going to buy a house worth 200,000 for 150,000Ill get 50,000 profit but the bank will finance me the closing costs and repairs. repairs and closing costs are 10,000Then it means my profit is 40mil not 50mil right?
Kyle Vansice
Project Performance (Profit Margin) - Acquisition through Permit
Hello,Curious if anyone is tracking the difference in their proforma profit margin at deal/site acquisition through permitting? Do you tend to see a reduction in your projected profit due to delays in permitting, addi...
Account Closed
Would you sell or hold?
Bought property last December under market. Paid 282 no closing costs. 3% down. Worth 340 right now. If I paint and fix up kitchen, all bathrooms, and a few other dated stuff I think I could get 380-400. Would you fli...
Jim Davis
Brokers in Charlotte NC
I'm new to investing and I asked an investor can I partner up with him on his next flip. He will purchase the property and I will I put the money up for the rehab. Here is what was presented to me. Does this sound l...
Samuel Michael
Questions and Strategies for a newbie investor
1. Assume you buy a house for 60,000 dollars, then rehabbed for 40,000 dollars all borrowed from a hard money lender and for an ARV of 120,000. You then Re-Fi 75% for 90,000 cash out. In this case, not only do you not...
Anthony Johnson
Possible Inglewood Flip...
Hey BP,My Wife and I are thinking of selling our property in Inglewood, CAits a SFR 3bed + 1bath1,015 sqft and 6,747 sqft lot sizebuilt in 1942.Last August it appraised for $365k...AS IS! Selling it for that price w...
Jacob Looser
Rental Calculator Question
Hi everybody,
Long time lurker, first time poster. For the rental calculator, in the section where it analyzes years 1-30 does the "total profit if sold" include monthly rent profits in addition to the equity gained ...
Tarl Yarber
Sold! House flip $83,000 in Profit
Hey Everyone! (all pics take before and after in same locations)I wanted to share one of our recent success's with the BP community and hopefully help some of the newer rehabbers out there and give them some encourage...