Scott Sarel
About to Jump! Need a second set of eyes.
Hi BP Family,I'm a rookie in the REI space but have been in the residential remodeling industry for over 25 years. Rehab cost and time completion is not an issue however I find myself in the paralysis analysis mode in...
Jack Medford
Madison Wisconsin 2019 Q4 and YTD Report
I’ve been working on creating an easy to read quarterly report for the city of Madison, Wi. I tried one out for Q2, but revamped it for the end of year update. At some point I may include other markets, such as Milwau...
Alex Molina
Need help calculating final buying costs based on HUD
I have a question, I'm closing on a flip next month and need help with my final buying costs based on my HUD. I've done the calculations, but my numbers don't add up. --------------------------------------------------...
Charlotte Dunford
Controlling $1 million in assets?
When someone says they control $1 million in assets. Does that mean they 1) have $1 million in total assets they own? Or 2) manage $1 million of investments for investors Or 3) they own properties that are worth in to...
Elyse N.
Question about the BP 4 Square Method
I am creating a Google Spreadsheet that effectively calculates ROI for me. I am using the BP 4 square method. My question is, should the "Total Investment" number be the purchase price or the down payment? I will be p...
William Alamillo
Is this a good deal for Norcross
Norcross, Georgia that is...This would be my first deal, so I'd love to get your input on this.I have a friend who rents a town home in Norcross who has a TERRIBLE land lord. I know that she is willing to sell the pl...
Megan Klaeger
Partnership - money invested vs ownership percentage
If I buy a property for $120,000 and partner invests $40,000 in materials and supplies, do they then own 25% or 33%?He thinks he gets 40/120 = 33%I think he gets 40/160 = 25%
Kelvin M.
How to tap into Initial Equity of a property
My wife's family is looking to sell their old house at discounted price to us. They are renting it out as of right now for $850 a month, which is about $100 to$150 less than what they should be getting for this home s...
Dexter Harris
DID I ANALYZE THIS RIGHT for CRE Multi Family?
Hello BP family, hope all is well with you and y'all families with this self-quarantine? I'm still learning how to analyze deals for CRE multi- families units. Wanted to see if I analyzed this deal right? I live in S...
Kathia L.
Brick Duplex Analysis
Hi BPers, So this is one of the many possible REI I'm pouring over before finding my 1st deal and taking the plunge. I'm having a little trouble coming up with an offer Price. I'd like to get some feedback on my numb...