As a general contractor here in the Chicago area. I want my fellow investors to remember when hiring a general contractor, included in the costs of completing your project he/she will charge overhead and profit. So fo...
For a "good deal" on a property, what is the general consensus on the LTV ratio needed? It seems, at least here in TX, you need to get the property at $.70 cents on the dollar minus repairs including costs such as sel...
I was wondering if anyone can tell me how I should be thinking in terms of doing calculations on trying to make an offer on a wholesale deal for a potential buy and hold investor vs. a fix and flip investor. I kno...
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I have a property in Katy Texas that I acquired through long term seller financing. I have a few exit strategies in mind, but thinking about selling it as a turnkey rental.Does anyone have suggestions on how to proper...
The BP folks are saying 70% for a deal after repairs, but at the higher end, does this math still hold? Knocking off such a large amount of cash seems almost unrealistic, but I believe the guidance comes from the fact...
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...
Hello there, BiggerPockets community!!!!
I'm a newbie still learning in the real estate investing. I need help analyzing the deal please!
I've came across this lead today and it was a foreclosure 1,890 ...
So in the past, I have mostly been involved in the flip game. But it's been a while since I have even done that as my market specifically has been pretty saturated with investors the last few years making the juice no...
The competition for 3BR homes is stiff in our market (Chicagoland). Deals are snapped up before we can even look at the property. We are forced to make offers before viewing properties and even then we find out th...