John Whitridge
Rental Property Repairs
Hi BP!I am looking over the Profit & Loss statements for a duplex rental property located in Columbus OH. In each of the last last two years the owner has spent $30,000 in repairs and maintenance which is signifi...
James Palin
needing help on private, conventional or hard money lending on a deal for $33K.
I have a deal in Fort Worth, TX under contract for $33K. The challenge is that a lot of banks and hard money lenders won't lend for a loan amount of under $50K. I am looking for any conventional lenders or hard mone...
Melissa Boulding
Saving money for my first flip
I'm definitely new to the business. I've been reading, listening and purchased coach lessons for 5k which I regret. Want to be that person who buy low fix and flip. I currently moved in my moms attic after divorcing w...
John Rosselli
Lost a recent bid on a house. . . should I have bid more?
Recently lost a bid for a house in Katy Tx. Mtg. pay off net = $53K, Est Rehab including holding and closing costs for 3-4 months = $38K, Est ARV based on recent actual comps sold within the same subdivision $120K - ...
Joseph Cameron
[Calc Review] Help me analyze this deal
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Account Closed
How do you price a turnkey property for sale?
I have a property in Katy Texas that I acquired through long term seller financing. I have a few exit strategies in mind, but thinking about selling it as a turnkey rental.Does anyone have suggestions on how to proper...
William Allen
Most recent flip numbers compared to HGTV
I wanted to take a minute to give the honest truth behind flipping houses and how much money is ACTUALLY made doing this business. I promise not to hide any expenses to make it look like we make more money than we ac...
Adam London
Finance, Build and Sell Texas: Worth the Risk and Reward?
Hello fellow BP Friends. I wanted to run a deal by you and see what your opinions are on the upside as well as one question I have about the taxes. Description of the DealA friend who just did this same deal introduce...
Mo Gold
Is the Grass Greener on your Side of the Pond?
Why am I crossing the Pond?You woke up this morning only to realise the MLS has vanished. The ever reliable aggregation of a centralised listing service for 95% of National inventory is no longer!!Sorry! Didn’t mean t...
Owen Farmer
Spec Home Construction (Starter Homes) - Margins?
Does anybody have any insight on there current margins for starter home specs? In my local market (SE Michigan) construction costs have gone up but home prices have fallen. Just wondering if this seems to be the case ...