Wayne Griffin
70% rule Vs the fix and Flip calculator
lets say the ARV of a property is $320,000 when I apply the %70 rule I get $320,000 x %70 = $224,000 - profit of $50,000= $174,000 - repair $63, 860 = $110,000 purchase. However When I use the Fix and Flip calculator ...
Julie Muse
Profitable Partnership on Bristol St: A Successful Flip in Scottsboro, AL
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $167,000
Cash invested: $41,000
Sale price: $285,000
Partner Driven teamed up with Preston Moore to purchase a ...
Richard Ferraro
Do I Need to Save Additional 2-3% for Buyers Agent?
Hey all,Confused as to the current state of buying/selling after the NAR decision. Do I as a buyer need to pay my agent a negotiated 2-3% of the home purchase price? I do not see that home prices have dropped 2-3% and...
John C.
How to sell Vacant Land
Hi Everyone, I am new to BP. My experience is 37 years in the finance sector and several years in real estate as both investor and financier. I have seen that there is much to learn at BP in a multitude of topics but ...
Noah Barba
Cash Needed at Closing
Hey BP, just a quick question: What kind of expenses are needed to be paid in cash when purchasing a property? I know that there is the downpayment and closing costs (which include lender and third party fees). Are th...
Brett TerBeek
Michigan Vacation Rental
Hey BP!I've had what seems to be a great opportunity for purchasing a vacation rental fall into my lap. This rental property is a condo in Pentwater, MI with an included boat slip that has less than a 5-minute boat r...
Joe Assad
Why Having the Right Rehab Insurance is Key for Your Clients
For the seasoned residential real estate investor, the “fix-and-flip” or rehab market is the most resilient sector of the real estate game. It’s also a great place for the not-so-seasoned investor to start, as it come...
Eviano I.
Basic Question: Return Calcs with or without Closing Costs?
Hi BP Community,I'm relatively new and I have a (what I believe should be) basic question: In calculating returns, should one include closing costs as cost basis when estimating cash-on-cash return and why / why not? ...
Tanara N Taylor
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.Is there a way, I could make a profit off this property if I am playing 8000 for it
McKensie Hogstrom
Eviction and Probate List
Hey y'all! I am looking into purchasing some more lists that include evictions and probate properties in the Cedar Rapids, Iowa area. Where would you guys suggest purchasing these from? Appreciate any and all the help...