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So I'm working with a wholesaler to find my first flip. He said this is a good beginner deal. My estimates are as follows. Part of me says this is the best beginner flip I'm going to get, and the other part says the m...
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Waiting for a response from a seller. (Inherited it with 3 siblings ). Assuming that he takes my offer, I am curious if a wholesaler would be interested. I am paying $145k. $45k rehab. ARV $235K. I am a newbi...
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hi BP
I've been trying to wholesale homes in the state of NJ (not as easy it looks but I knew that, nothing is easy when it comes to make a life for yourself.) I was wondering do you guys use the 70% rule for...
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Hi BP members,Just want to reach out to other building developers.I’m trying to figure out a good average of profit per unit when sold that I should be shooting for. I know there are tons of factors but I think if a ...
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I am getting all kinds of answers as to how/if I should receive a commission as an equity partner in a rehab business. Any thoughts? Should the commissions go back into the profit of all partners or should I be paid...
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Hi All,I had a question about the 70% rule. I understand that you're supposed to take 70% of the ARV and subtract out rehab costs. What does that 30% that's taken out cover? I'm assuming it's covering things like c...
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So my wife and I have done a few flips in South Florida and have one in the pipeline. However, we are not seeing the amount of good deals so we are not at the "three at a time" pace that we want to be at.
I'm thinkin...
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Investment Info:
Single-family residence wholesale investment.
Purchase price: $28,000
Sale price: $41,500
Partner Driven, in collaboration with our partner Matt Rzodkiewicz, successfully completed a...
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Which livestock species are best suited for ranches engaged in direct participation programs?
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I know this title may seem cold hearted or cruel, but I’m looking for honest advise here. In my area there are a lot of, what I would consider, distressed homeowners. They are either in pre-foreclosure, foreclosure, o...