Moises R Cosme
Flips: Rules for Making Money
This post is a simple rundown of our thought process for evaluating opportunities. I will describe the rules we apply; explain why they are important and how we apply them. It is important to note that these rules h...
Joon Ma
Planning for a kitchen remodel that will most likely take longer
The vision of a freshly updated home is so seductive, it's easy to forget that the project will most likely come with aggravating delays and unexpected issues. Think about it. When was the last time you heard about a ...
Julie Muse
Strategic Flip: Pointe Clear Dr Delivers Strong ROI
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $310,000
Cash invested: $28,950
Sale price: $416,000
Contributors:
Peter Vekselman
Partner Driv...
Katlynn Teague
Looking for your first flip?
Good morning BP, are you looking for your first flip? How do you know if a "deal" is actually a deal? What do you need to look for, what needs to be considered? 1) Purchase Price:
Acquiring the property at a favorabl...
Julie Muse
S Homan Ave Success: Profitable Flip in Chicago with Antonio!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $120,000
Cash invested: $1,111
Sale price: $210,000
Contributors:
Peter Vekselman
Partner Drive...
Julie Muse
Turning Renovations into Revenue on Stowers Road
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $115,000
Cash invested: $1,170
Sale price: $199,900
Contributors:
Peter Vekselman
Partner Drive...
Karissa Sampson
Duplex conversion-Potential 6 month wait
About us: Used the BRRR strategy, have 5 doors in 3 properties with $300k in equity and $1800 cashflow per month. Started in 2020.Bought a single family home in mid June 2022. Its zoned for use as SFR, duplex, triplex...
Laura Chevalier
Contractor site visit fees – what's "normal"?
I'm preparing to do a full renovation of my tiny (<40 sqft) kitchen and have reached out to a few General Contractors who were referred to me. One of them already came on site and separately had an electrician come...
Michael S.
Flipping a gutted water damaged house
Hi BP!There is a house listed in my area for sale for $100k. Let me quickly explain my market:Typically there are very distressed properties (1200-1500sf SFH, cape cods) needing ~$30k in renovation for sale in my area...
Michelle A Shriver
Construction Management Fee Question
If you have a third party managing / overseeing construction, CapEx improvements, larger repairs, etc. what is the fee (%?) you pay them for this oversight / management? Are there variables based on scope, cost, durat...