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Hi BP Community,
My name is Karim, and I'm currently a college student in Boston. Real Estate investing has captured my interest, and I'm excited to start my journey in this field as soon as possible. I've already di...
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So I have a hypothetical situation:
Lets say a properties ARV is $550k,
Repairs are $75k,
And Wholesale Fee is $10k.
Using the mao formula:
$550,000*80%-Repairs-Wholesale Fee = MAO of $355k
When I am making my...
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Hello Everyone, I am a resident of Washington State but I am looking out for leads and suggestions on which states are good for BRRRR to invest in. If Yes, how feasible or best way possible to judge the property and a...
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In the past year I have been trying to educate myself as much as possible with how I would like to utilize the equity in my home to invest into my first real estate investment. However, I'm still very much undecided o...
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Hello,We have been brainstorming on what to do for our first Real Estate Investing venture. I have been fascinated with the "Tiny Homes" concept for while now and have seen many little tiny home villages pop up in dif...
So I've began reading "The Ultimate Beginners Guide To REI" for the third time now. I've decided that this time, after each chapter, I'm going to hop on the forums and ask any questions I have concerning that chapter....
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I have a land which had percolation test saying the pits observed is unsuitable for a standard type individual sewage disposal system without the addition of a curtain drain. However the lot next to us having a 2 bat...
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Hello BP network,I am closing on a home in San Diego with a zone 4 lot. The house is in an area where rents are raising significantly every year. My plan is to stay in the home and build a 4plex property in the empty...
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Looking at housing trends over decades you would expect a down cycle every +/- 7yrs. With the last up cycle lasting the longest period of time around 10yrs. We're approaching year 8 right now so it's inevitable that t...
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I own a commercial building, one story, typical Chicago lot (60639), and I pay the crazy taxes (17K year) for it. I'm new to this RE world, but in doing research, I noticed many of the buildings like mine, with resid...