Hello everyone -My partner and I have been doing some multi-channel marketing for motivated sellers in and around Mecklenburg county, and our most recent campaign has given us some vacant lots which are not ready to b...
This seems excessive to me. Cash out is at a small local credit union. They said this is what they account for and anticipate so it may change. What are your thoughts? What can I negotiate down? Rate is 4% on a 30 y...
I am currently going through a tough time and having to start my real estate journey all over again (Previously had a couple of single family home rentals) after some changes in life. With that said, I am considering ...
Hello fellow BP members,
Im here requesting instructional information. I am not SDIRA savy nor am I solo-k savy ... I would like your advice as to which direction I should take.
I like the check book strategy, hav...
Hello BP Community,I'm exploring options for a commercial property in Long Beach, CA currently held in a living trust. I've noticed many investors choose to transfer such properties to an LLC for legal reasons. If a p...
Gross Margin is an important calculation for developers/builders.
Gross Margin = Gross Profit / Revenue
We shoot for a 20% gross margin on our New Construction Homes
Real #’s:Home Sales Price: $374K
Closing Cost...
Hello BP Family. I recently passed my RE test on April 6th. My goal is to own a mortgage brokerage company. California law require that I work under a RE broker for 2 years before becoming a broker myself. I have a fu...
Hello all,
I am Darrell and I am looking to start wholesaling in Chicago and some of the surrounding north and northwest suburbs.
I have a small amount of experience as an agent, but it was during the time when fo...
I am brand new to REI. Born and raised in San Diego, CA, I am looking into mainly my first buy & hold but am open to whatever makes the most sense for the deal. My goal is to acquire enough cash flow to where I ca...
Hello all! I'm getting ready to start flipping houses and I have a few newb questions for you all.I've been looking at using either a line of credit or a fix and flip loan. So far, I'm leaning more toward the fix and ...