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I have the opportunity to purchase a 2 bed 1.5 bath home with a good bit of work needed.. need to determine the offer price.
ARV will be around 75k to 80k
needs:
1.outside drainage issues repaired...
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I've learned a few money saving ideas over the years mostly from @J Scott. These include using one paint color for all houses whether flips or rentals, ordering carpet considered "seconds'," buying at the pro desk ...
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There is something called an efficient market (well known in stocks and commodities). That is where there is no easy money to be made, as everything is priced so no one has an advantage.
Then there is the mania. Fo...
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So, tomorrow I sign the contract for my first deal. It is a Short Term Rental via Master Lease. Tonight, I'm getting cold feet. Did I do enough due diligence? What if the cost of the unknowns outweigh the profit a...
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Hi BP fam. I'm a 32 year old licensed GC in southern Cali. I'm looking to invest in my first property and would like to hear your guys' thoughts. In my mind this is a no brainer but what the hell do I know. I have...
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Hello All,I purchased my first home at the age of 23 (after selling my Oldsmobile Cutlass Supreme to fund the down payment) and have been buying and selling real estate on a small scale ever since. I love creating "ne...
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BiggerPockets Community I NEED YOUR HELP.So I am looking at this 18 unit apartment complex to buy as my first deal. I know it's a huge jump but I am diving head first into this investing stuff and just realized how mu...
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I have finished second flip and kept as a rental starting next flip. My plan is to flip one buy one for rent. Im not sure i want to be a landlord so looking to buy vacation rentals at beach. Has anyone have any experi...
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Hello BP!I'm interested in your comments regarding the price for this property considering the current rents. The property is located in Montgomery, AL. The contract price is $274,500. The asking price was $280,000. I...
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Hi, wanted some high level advice / thoughts. My brother and I both have good day jobs and also run a profitable website as a side business (total business profit of 60-80k a year). Aside from our stocks, 401k, etc ...