Blake Mackenzie Hochadel
Am I on pace to BRRRR for my first deal?
24 yr old Cleveland based Agent/soon to be investor, bought my first rental in October. I wanted to get some feedback from you guys to see if I'm on the right path to Brrrr, as I sometimes second guess my first deal....
Faraz Tariq
BRRRR Stratedgy- HML vs Bridge Loan
I'm in the midst of searching for my first property and have narrowed down my ideal RE strategy to BRRRR. Presently, I'm determining how to keep my capital at acquisition fairly low. Would it be more cost effective t...
Steven L.
Starting a house flipping business - general questions
I'm very interested in starting a house flipping business. Goal is to flip 10 houses per year using a GC.Questions: 1. Does anyone have a software or app recommendation for rehab estimates? 2. How soon should I get a ...
Jim McMillen
50% rule
noob here.....Can someone explain the 50% rule, 2.5% rule.....I can't seem to find a definition for it.
Thanks.
Jim
Pragya Singh
Hello Vancouver! Deal Analysis for New construction
Hello! We are looking for opportunities in the Vancouver market specifically in land acquisition and new construction.Can someone give us an idea of average construction cost? Here is Portland it’s around $200/sqft fo...
Becca Flim
Business Bank Account vs Personal Bank Account
Hey BP community!
We are in the process of purchasing our first rental property in PA and looking at opening up a separate bank account in order to track our expenses. At this time we are not looking at setting up a...
Logan Splinter
BRRRR Calculator Misconception
For all of you BRRRR calculator masters out there, I have a quick question for y'all.When it comes to "Total Cash Needed at Purchase" I believe this is deceiving. At first I was thinking all i needed for actual cash t...
Tyler Willis
ARV
Just wondering what you guys consider to be a pod ARV when flipping properties. Personally I like to consider at least 65% to 70%. However here in Atlanta being a sellers market it's a bit tight here. I'm seeing a lot...
Stepan Hedz
Scaling a Distressed Property Portfolio: Strategies for High-Volume Investors
Many investors start their journey by diving into individual distressed property deals, but if you want to grow into a high-volume operation, it’s essential to change your mindset, strategy, and execution. Successfull...
Huy N.
How I flipped my way through the 1st deal with one hand
After all these months watching HGTV and reading books. I was finally able to pull out a modest profit on my 1st flip deal. I’m grateful that after all the startup cost and unexpected issues, I was able to come ou...