Pearl Cook
[Calc Review] Help me analyze this deal
Hello experienced investors. I've been going back and forth on this duplex trying to make sense of all the numbers and am at a crossroads and would really like some help analyzing this purchase.I ran the numbers as if...
Mary Jay
Tenant keeps changing his mind about renting
A tenant in one of my rentals moved in 2 months ago. A week ago he told me that he has to move back to his home state that he came from, and this weekend he moved out. My handyman helped him to move out. Yesterday thi...
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how to make an offer
After finding the right home to buy,finding out how much to offer for that home is the next challengethat a home buyer needs to undertake. Buyers have two things to worryabout: offering too little or offering too much...
Samuel R.
Bad experiences with others? Greedy People?
I have a friend who had a JV agreement with another wholesaler today but the JV was written up for the sale of a 2 for 1 deal which was written as 2 separate houses for 1 price. The total price was 250k (for BOTH prop...
Mario Casarez
$170K for a full gut rehab in So Cal. Is it reasonable?
I recently had a contractor come out to a property in Whittier, CA (1640 sq ft home on a 6400 sq ft lot) that needs a complete gut rehab and below is the soft quote he gave me and everything he'll cover for $170K. No...
Alexandra Preziosi
1% Rule in New Jersey HOT Market
Hello!I am a real estate agent in the Northern New Jersey area in a seller's market (like most of the country at this time). I am looking for investment properties for myself as well as my clients, and there is little...
Kate C.
Sell or cash out - 3% interest on 1M loan or refinance 15 year investment
Dear BP community- Thanks in large part to this community and a hard work - we are in a good position but have to make some decisions about a possible move for a new job. We purchased a home in CA three years ago for...
Andrew Cheek
How to expand past 2 properties?
Hello Cincinnati BP! I did an owner occupy duplex deal in 2018. Fantastic learning experience and start to building up a rental portfolio. I just refi'd and did another owner occupy into a SFH in Norwood. Planning on ...
Will Coleman
My BRRRR strategy success story
Howdy all, I thought I would share my property that I implemented the BRRRR strategy on. We purchased for 90k put about a 25k rehab budget into it with a hard money loan. Refinanced with an ARV at about 150k. It's cur...
John Baskin
Help needed on first flip
I'm involved in my first flip --I purchased it on May 4th and finished re-habbing a couple of weeks ago. Having received a pre-approved offer at nearly list price (FHA), I was informed by the buyer's realtor that the ...