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I've been away from BP for the past two months, after my father passed away from Cancer the last week of October, one week prior to my 40th birthday. Followed that up on December 1st with another family member, who's...
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I have noticed an interesting trend that's been more and more common since about 2018. Buildings selling for example $300,000 which need $150,000 of work but the ARV is only $420,000. Maybe people buying and not fixin...
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I have noticed the on the S and P agreement with the seller and the wholesaler (me) states the price the seller will be paid for their property, as well as a earnest money deposit. However, the assignment agreement...
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Hello everybody. I have a questions about conventional loans for mortgages. I have a preapproval for $200K. As an investment strategy I want to buy two houses, one to live in and one to rent out. If the mortgage for b...
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When doing a flip 100% all cash. Do you pay taxes on the price you sell the house for. Or just in the money that you made profit on?Let say you bought a house for 30kSpent 20k on rehab And sold for 70kDo you get taxed...
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House... Where should I start to get a ballpark cost to build a house on a vacant lot? I deeply appreciate all input.I am looking to get a ballpark cost to build a 4 bedroom, 3 bathroom home on a lot in Desert Hot Sp...
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I understand there are plenty of variables that go into an investment, but I'm wanting to know what initial reactions are to the idea of paying 85-90% ARV (after purchase and rehab) for a property that will satisfy th...
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People who have 5 STRs how much totally would you generate in a year? Around 100 k totally in profit?
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I'm preparing to list my first rental property, which has a 1000 sqft unfinished basement. Have a question about whether I can include this 1000 sqft unfinished basement in the total sqft in the Zillow rental listing....
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Hi BP! I'm currently referencing J Scott and Dave Meyer's buy and hold spreadsheet found here - https://www.biggerpockets.com/files/user/kayleebp/file/real-... while reading their real estate by the numbers book.Overa...