I am suppose to close this week on a duplex that didn’t appraise. The Purchase price is 150k and it appraised at 120k. I am locked in due to various circumstances and will loose my 13k deposit plus miscellaneous inspe...
Lately I’ve been feeling like I’m never going to advance much further in this whole real estate business because I don’t have the money to make a deal. I’m introverted and terrible at sales and networking, so I’m str...
Hi All
I just wanted to post here on what I thought was the most important things a new person should do when starting out. Below you will find a list of what I think a new person should do first before diving head f...
Overview of the numbers: Purchase Price (Cash Sale) $31,500.00 Closing Costs $2,019.02 Rehab $29,800.00 Mold Remediation $1,950.00 Furniture Cost $1,200.00 ...
Hi BP Community,I am seriously considering buying from turnkey companies that buy houses, flip them, then advertise them as perfect turnkey properties. I have been looking into a few including mantel turnkey and miss...
When I bought into San Francisco 10 years ago, after 20% down, I was still losing $1K ish per month per door.... I had to work my day job and saved every penny to support my real estate enthusiam..... But I had hope a...
I came across a great article about an accountant who is also a real estate investor. He gives great advice on setting up your real estate investing business. I will have to read it over to really but some pieces t...
Here are some of my current systemsI have a main website for all the properties I manage. I set up a new website for each property with pictures and info on the property. These sites are referenced in each ad that I p...
I am just curious, what do you guys budget for a gut rehab on like a 1500 SqFt Single Family? I know it ranges, but I am interested in what the different costs are out there. When I mean gut, I mean, putting in new pi...
Apparently this is a new podcast title, and I don't think it's a good one. BP needs to stop setting unrealistic expectations. I get the fact that it is great click bait, everyone wants to dream, just a few years of "b...