Michael Slockers
Modifying the 70% ARV formula to capture more contracts? Yes or no?
I understand how and why to use a standard formula of 70% ARV - repairs - my wholesale profit when making an offer to a motivated seller.However, I have some buyers who seem less interested in getting a great deal (30...
Seth Davis
Diary of a Construction Business Startup
Hello everyone! My name is Seth Davis. I introduced myself earlier in the newbie forum. Feel free to hop over there and read my post if you have time. I have recently decided to pursue a new passion of mine which ...
Andrew Shell
My First Deal!
Hey all, I've been studying real estate for about 2 years and just finally was able to put together my first deal. I found a nice townhouse in Flagstaff, AZ about a mile off off the NAU campus. I know personally that ...
Jered Sturm
Tricky Tax question on sale of primary residence.
So I will begin by saying I have already spoke with my CPA regarding this. I am here for second opinions from other wise investors and CPAs. I purchased a home 9 months ago to live in with my wife. Shortly after I bou...
Pete Perez
Discouraged First Time Flipper
Hello BPers,I have been learning as much as I can from BP for the last 3 months and had started reading about real estate a few months before that. At this point I feel stagnant. Over the last week I have been buildin...
Ron Brady
Airbnb's Anti-Racism Experiment in Oregon
Airbnb has announced a two-year pilot program in Oregon that eliminates guest names and photos from host screening as a way to see if it combats illegal anti-black discrimination. Airbnb to limit use of travelers' na...
Liz Boer
First Rental Property Purchase San Diego or Out of State
Hey BP, currently residing in San Diego, Ca. Evaluating investing in multifamily & single-family homes in San Diego, however, from podcasts and seminars I have started attending, many investors mention San Diego i...
James Lanier
Coronavirus Putting “Us” to the Test
I have been browsing post on the Coronavirus and I frequently see comments and posts claiming the government is not protecting landlords and only seek to guard the rights of tenants. I’m not here to debate that, inste...
James Denon
Larger Multifamily financing risk vs smaller multis 2-4units
I am new to real estate investment. I am located in Connecticut. The markets I am interested in are New Haven, East Haven, Wethersfield, Hartford, West Hartford, Middletown, Glastonbury, Cromwell, Rocky Hill areas.I h...
Andrew Taylor
Need Some Help Setting Up Accounting System
I need some help setting up an accounting system to manage a small flipping operation. I've been in construction for two decades, and I'm used to job costing software, but I'm having a hard time finding something that...