A property's operating expenses are those that it incurs on a monthly or annual basis and are considered regular and continuing. Expenses like this include things like property taxes, insurance, maintenance, administr...

I'm looking at purchasing a SFH that is zoned R3. Which in Ontario means I can have three units.
The home is priced at 200k. My plan was to create two 2 bedroom units with 1 bath and a 1bedroom unit in the basement a...

I set a goal about 6 months ago that I would make my first purchase in Q1 '17, and I'm well on my way. I found a property where the owner is looking to get out of rentals. He's owned the property since ~1970, but look...

Hello,How do you get rough estimates on repairs of a property? I know there are light, medium, and heavy figures that you can multiply by the square footage to get a ball park number. Just curious to see how others ge...

I have found a couple of REO houses that seem like they could be good candidates for a flip, and I'm interested in visiting the properties to get a more accurate idea of the repair costs that will need to go into thes...

I'm curious if anyone can comment on my way of estimating apartment interior sq/ft based on building size. Since Listing agents almost never give sq/ft for apartments buildings what I've been doing to get a rough ide...

I have a friend that has a fair share of liquid assets and he continually makes comments that he would love to invest in my first house flip. I am now ready to move forward in this business, or close to it so how do I...

Hi,I use two techniques to financially evaluate notes:1. Through the RATE() function in Excel, without considering the costs relating to the note2. Through an Excel sheet that i built that takes into account servicer ...

I'm beginning my first wholesale deal, and I'm confused about the assignment fee. I have the seller, and we've agreed upon a price of $250k. I believe that the property is worth $270k ($20k mark-up), which is what I w...

Hi BP folks,Since I've gained so much from the purchase and rehab stories here I thought its my time. Here are the details of my project. This will be a Buy Rehab rent, I will NOT refi. Details below. My goal for this...