Joe Barton
Best choice with cash
If someone comes into excess cash is it better to pay down debt and then invest in a property or to invest in a cash flow property and use that to pay the debt?
Already pre approved for a mortgage...
Just looking...
Jonathan Feliciano
What's your advice for college graduates seeking a mortgage?
Hello BP Community,I've heard so much about the mortgage pre-approval process. One particular qualification that comes up repeatably is "two years' worth of tax returns." As a soon-to-be college graduate, I believe I ...
Denyse Nixon
4th Project: 19550 N Grayhawk Dr #1007
Investment Info:
Condo fix & flip investment.
Purchase price: $700,000
Cash invested: $105,000
Sale price: $820,000
Beautifully updated from top to bottom! This beauty has 2 bedrooms with an ...
Amanda Janes
Investing Achilles Heel
Every investor has that one thing (or more) that just gets them and makes them excited to delve in, even though the numbers may not work out.
Do you know what your's are? How to do you guard yourself against getting ...
Account Closed
Average Flip Numbers Union & Essex County
Hello, I'm very new to Real Estate and am looking to start out by doing some SFH Fix & Flip to eventually roll into Big Multi-Family Rentals. I live in Roselle at the moment which is in Union County NJ. I'm beginn...
Dan Mann
Funding repairs, supplies and CapEx expenses
I'm running numbers through a spreadsheet to try to establish cash flow.Is there a preferred method of establishing a cost for supplies, CapEx and repair expenses? Do you use a fixed amount or percentage of rental in...
Gareth Robinson
Positive cashflow and rent/price ratios in upscale prospects
Hi, I just got finished with the book and one thing I noticed was that the 2% rule and several other pieces of information relating the value of the property to the rent was tossed around. Continuously, the appreciati...
Jack BeVier
Apprenticeship - Single Family Real Estate Investment
I was extremely fortunate to get into single family real estate investing at a young age (23) and it has made all the difference. I'm still frustrated by the lack of financial education and real estate education oppor...
Janani Kalpathi
City-Data or Neighborhood Scout?
Hello BP users, I'm trying to compare if I need to use http://www.city-data.com/ or https://www.neighborhoodscout.com/ for in-depth market analysis.I know Neighborhood Scout is a paid service and probably shares bette...
Michael Galvis
Estimated rehab costs per sq/ft in philly
For any flippers/rehabbers that do deals in the philly market, what would you say are some estimated rehab costs per sq/ft? Just trying to get other professionals opinions to compare to my own that I’ve gathered. For ...