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Hey all,Looking for some advice on how to set up and structure a partnership for flipping and recommended stakes. The group would be another investor and myself. We're at least responsible for the deals and funding po...
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Not sure if this is a silly question, but I'm having trouble understanding what it means when REI say that a deal has to "work for your numbers." Can someone paint me a scenario using numbers to illustrate what a good...
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Hello BP, my name is Walter Ellis and I'm from right outside of Little Rock, AR. I joined BP because I am very interested in learning the ins and outs of real estate investing. I am a homeowner but outside of that I...
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Hi guys, I have a situation where I was going to go 50/50 on a deal with a partner and the partner had some stuff come up and now cannot put the full 50% down at purchase. I was going to offer him a 25% stake in the o...
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I recently purchased a property and wanted to share some success. This was a cash deal and purchased a 3 bedroom town home for $18,500. Total reno cost was $2,700. I had the property rented within 2 weeks of purchase ...
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Just purchased a 3 bedroom with a rather large basement. 3 bedroom would catch about 1100 a month, however if I added a 4th bedroom in the basement, I'll get @ 1300 a month in rent.
The basement takes on wate...
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I have a potential deal in the works and I want to see If I am thinking about the numbers correctly. Any commentary or thoughts are welcome, thanks!Purchase price (inc closing): 130,000 75% loan = 97,500Renovation: 25...
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I’m an avid podcast listener and have been researching and learning in order to delve into the world of real estate. Multiple podcast shows recommend having “multiple exit strategies”, but outside of selling, renting ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Walden.
Purchase price: $69,000
Cash invested: $69,000
3 units 2 bedroom 1 bath
What made you interested in inve...
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If you were to start your real estate business all over again with only $2000 how would you have done it?