A Scope of Work (SOW) is a description of planned property renovations, with the primary components being a line item budget and a construction schedule. A detailed SOW is important for nearly every type of value-add ...
I am likely to be gifted a very small SFH in a small city in a rural area, 2/1, 780 sqft with a large garage/outbuilding. Population is roughly 60,000 in a 10-mile radius with a similar community next to it, 30-minute...
AirBnB Income CalculationsStarting out in 2018 I rented out rooms in my house. I got continuous traffic, albeit small potatoes, but besides the joy of meeting interesting people and hosting, the greatest benefit was 5...
Hey all, I wanted to share a method I used to find high yield neighborhoods in the U.S., using data that Zillow freely provides.I'll share the results at the end, and first I'll outline the method. Zillow provides dat...
What are typical response rates for a direct mail campaign from an investor or homebuyer to potential sellers? What kinds of target groups give the highest response rates? Does direct mail from buyers / investors wo...
No matter the industry, behind every successful business, there's is a proven effective system. You can't mention the concept of systems without mentioning technology. Automation is the most powerful tool businesses ...
Hi All. Looking for something simple to manage the expenses of multiple rehabs (which will be sold retails within 6 mos.). Nothing too complicated. Checking BP but nothing sticks out. I will put something together...
I was looking at the Find private lenders now program, and it's $1300. Other than the training, they claim that it gives you access to contact information for people that already are lending money for deals.
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Hey BP!
I am excited to announce that I'm closing on my second house hack tomorrow! It is a side by side duplex that I originally analyzed with a long term rental. The numbers are pretty good and I'll be living in th...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $70,500
BRRRR:
Purchase: $70,500
Renovations: $23,000
ARV: $134,500
Gross Rent: $1,100/mo
What made you intere...