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With the New Year approaching I'm looking to grow my real estate portfolio in 2015. I've decided I would like to pursue Multifamily Real Estate. I plan to use my profits from rehabbing homes (goal of 25-30 flips thi...
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I have a financing partner for potential rehabs I plan on doing and wanted to get BP's input on how to structure the profit split of these deals.
Some background information - I will be doing all the work from start...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $149,000
Cash invested: $50,000
Sale price: $255,000
Bought this little 700 sqft house in central Phoenix on a ...
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I am very curious as to what profit margin other rehabbers are looking for and how they calculate it. I will go ahead and bare my own strategy:
This is assuming the purchase price of the home is between $80k-150k......
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I have yet to do my first deal, but I am curious about closing deals.I have been researching and found that occasionally when sellers find out that your are making a profit by wholesaling their property via closing st...
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I thought I would post a recap of my first flip, a deal I thought was a slam dunk but didn't turn out to be in the end. The house directly next door, which was identical to mine, sold for $105k earlier that year and t...
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Hope all are well here on BP forums.
I finally received a few calls from my probate DM and from them I am about to make my 1st ever offer. Yay!!! However, I am stuck and need your advice please. It's regarding what...
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Hey all,I've been a rental holder/landlord for 7 years, but I'm new to the wholesale scene.I've networked with rehab/flip buyers. I found a house that meets my buyer's specs exactly. He says he wants a minimum of $1...
I'm interested in a home that sold at auction for 38K last week, the current appraisal is 76K. Known needed exterior repairs are approx. 5K, inside unknown as there were no viewings. It's a brick home built in 1977. I...
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I'm creating an excel sheet for calculating Buy&Hold similar to the bigger pockets calc with some extra stuff. I'm currently having trouble with creating an equation for the estimated profit after the sale of the ...