Investment Info:
Single-family residence fix & flip investment.
Purchase price: $10
Cash invested: $52,000
Sale price: $800,000
Bought this house using a land trust and JV agreement.
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I just got a call from my realtor that said we have a buyer for one of our properties in Illinois that is looking to make an offer, but said they are hesitant because they feel they will have problems with the FHA len...
I have recently started a company and I am thinking of investing in real estate with my income before taxes.
I have no idea how to explain this so I will use a scenario. If at the end of the year I had $25,000 to in...
When thinking of the best investors compared to Star Trek, Vulcan's would make the best investors compared to Mr. Spock who would be more of a irrational decision maker. There are many emotions that can affect a human...
Ok, so, this may seem a little odd, but I was having a discussion with my mother about how you'd calculate your net worth with your real estate. Now, I understand that the basic formula for net worth is Net Worth = As...
These forums always have some different insights, and I have a rather complicated hypothetical scenario I'd like to run by everyone. This is a question about the benefits of annexation, vs. subdividing some land. This...
@Ruben DominguezSo I missed the boat on the Buildium price increase and they must be a sponsor of Bigger Pockets because a prior thread, "Buildium ups prices over 50% for little-guys" was shut down by an administrator...
Now that I have 6-10 Gas utility accounts at any given time from rehabs or vacancy, I am trying to be more economical with the heat settings this winter.Turning the heat off is not an option on most because water in t...
This will make rents even higher.
Changes to Tenant Utility Accounts
Hey BP,I'm in the process of buying a 4-plex with tenants currently in place.I have a great property management team in place ready to take over the property when the deal closes, but I'm curious about what will or sh...