I understand that these formulas are very controversial but we buy a lot of houses that need a lot of work. Based on my understanding the 2% is just the monthly rent / purchase price.I assume when you analyze the prop...
View report*This link comes directly from our calculators, based on information input by the member who posted.I am a bit confused as to how the total cash invested is calculated , my numbers arent th...
Hi there!Im looking to purchase a 4-5 plex in Orlando market, FL but these seem quite rare in finding and those that do exist are not properties i like (too much work to reno vrs the purchase price) or in not so great...
Greetings BP folks,My wife and I are negotiating a deal in our area for a home that has a tax lien from the city and county.We have been working with the seller for quite some time and were offered the opportunity to ...
I bought the first tax deed property and I don't know if it is still occupied or not from the street. I don't feel safe approaching the house by myself. Can I call a police officer or sherriff to escort me in? If yes...
Hello Everyone,
I am new to the world of Real Estate investing and I came to bigger pockets to get ideas and advice for my next deal. But before I post about that, I wanted to share with you all my first deal, w...
My dad and i have a private lender for a house we are remodeling next door to our house. we could move next door into the house we are remodeling and rent the current house we live in(without rent to own). then use th...
I am just starting on this RE investment path and I was hoping the rehab experts can assist. When purchasing a rehab project, what is the best way to get financing? Since you will only get approved for the appraised p...
Investment Info:
Single-family residence buy & hold investment in Kalamazoo.
Purchase price: $195,000
Cash invested: $5,000
Historical house that underwent a complete gut job, new plumbing, elect...
So I have done 3 fix and flip rehabs alongside my managing broker, on all 3 she has come across the property through her network and was able to purchase all cash below market value due to a variety of reasons on the ...