Rich Weese
Update on Building home instead of rehabbing for profit.
This is just an update to a previous thread. Here are the results on the first home completed and sold. The property referred to on the Golf Course has closed. Lot was actually bought for $39,145. The sales price was ...
J Scott
J Scott's Starting Out FAQ
In another thread, Josh suggested creating FAQs of topics that are often discussed/asked by newer investors on the site. While this isn't inclusive of the awesome contributions by hundreds of other contributors here ...
Manuel Gonzalez
paying contractors
Hows everyone doing? Just wondering how most of y'all pay contractors. I got a few bids from contractors I've never used before so I'm thinking about not paying them until job is complete cause I know sometimes the...
Maugno M.
Selling newly remodeled home without an agent. Thoughts?
I just completed a rehab on an SFR and i am hoping to put it up for sale asap. I'm having a hard time deciding if i should use a listing agent to market the house and get me top dollar, or trying to do this myself. I'...
Account Closed
My first flip- Profit: 19,100
Hey everyone, I finally was able to put my deal under contract (again) and we are scheduled to close on May 6. Even though I feel happy about the outcome, I could have done a better job with the design of the flip whi...
Tyler D.
For long-term investing, is cashflow or appreciation better?
I'm not sure of what my opinion is on this, and would like to see what others think on the matter.
Here on BP, the mass majority of advice and articles are focused on cashflow. I see the obvious benefits of cashflow,...
Julie Rogers
Are larger more expensive homes good rentals.
Are larger, more expensive homes hard to rent.I am concerned that anyone that would rent such a nice place could afford to purchase their own nice home, so finding a renter that would stay for a while, might be diffic...
Michael Ealy
41-Units No Money Down Deal $627K Profit in 15 Months - How?
Yesterday, we closed on this 41-unit apartment deal and netted $627,643.32 in profit (just from the sale). We actually made MORE than that because we've made good cashflow from the apartment building during the time w...
Tiago Martins
$20-30k cash for c-class properties. Worth the headache?
I am thinking about buying single family homes in a C class area. I have found $20-30k homes, that I would pay cash for. These areas generally rent $500-800/month. I would be cash flowing 2% or greater. They aren'...
Nikolay Izmerli
My First Flip in Florida! With Photos! The house is sold
The really invaluable part of this experience has been education. I and my wife who was a designer of the project have learned a lot. We certainly made mistakes along the way, however understanding what went wrong pro...