Stephen Allen
Show me the MONEY?!
So, I began my Real Estate life by buying a new house. I decided to keep my previous home, but it needs work. By my estimation about 7K$ worth. What's the best place to find money for this (given that the numbers w...
Devon Craychee
"shortage amount due"
Hey guys,Can someone give me clarity on what the payment detail called "shortage amount due" is all about? Thanks,Devon
Brian Buckley
Thinking of self managing rehab property
I just met with three different sets of general contractors to get an idea on the costs associated with the rehab, and I wound up with three completely different estimates. Contractor A gave the property a good walk ...
Jeremy Hale
Quick questions on the 70% rule and estimating fixed costs
I'm meeting with a wholesaler tomorrow to discuss some properties he has, one of which he has listed at 84k with a 179k ARV and 52k in estimated rehab costs. Of course, I will be scrutinizing these numbers and corrobo...
Rowdy B.
Advice on MPP for Rental / Flip in 2 years
Hi all -
I'd like some advice on the max purchase price (MPP) of my first investment property. Using the 70% method, I'm coming up with a MPP of $57,500, using another method previously posted on BP (Det...
Jordan Lanum
Chicago wholesaler - question for contractors and flippers
Good afternoon BP! I am getting into wholesale in the Chicago land area, so far I have had little trouble getting in contact with "motivated sellers" and getting things under contract. I am working on getting my first...
Jordan Fujan
Cap Ex....an investment killer?
I'm working on my investment spreadsheet and have been doing some reading on the topic of Cap Ex. Some people use a number like 10% of the income, but many suggest itemizing your expenses over their lifespan is the mo...
Noel Hailey
Need help analyzing this deal as a house hack!
Could someone show an example of how they'd find out what the numbers would look like to make this a good deal? I know there are a lot of variables that'd come in to play, here. But I'm stuck on where to even begin. I...
Louis D Trejo
Estimated Cost per square foot on gut rehab in PA
Hey BP looking at (north) Philadelphia PA for gut rehab opportunities. Seeking consistent numbers on square footage on rehab work (includes roofing)? From Licensed contractors.
Nicole Fay
Estimating Closing Costs with the Rental Calculator to Find Deals
Hello! I am a new real estate agent and new into investing with my husband. We currently have a property (SFH) under contract that we are currently rehabbing and plan to rent out. We are enjoying the process so far ...