Investment Info:
Single-family residence fix & flip investment.
Purchase price: $55,000
Cash invested: $87,000
Sale price: $134,000
Bought this property from a bank. There was a property on t...
Hi, I would like to hear from you how you calculate capex. Do you actually go and check all the possible expenses? Do you call contractors to find out how much they will charge for a new roof? Same is with the plumber...
I am contemplating if finishing the basement in my 855 sq. foot house would be a worthwhile venture. I would do all the work myself. How does a finished vs. non-finished basement affect the price of a house? and wh...
I am interested in a short sale for a flip in my area and I have an active offer on it. House is 62k and I put in 66k cash. Bids had to be in this week. We'll we get an email saying they are going to extend the biddin...
Hi BP! Anyone from the Montreal area who can direct me to a website where I can getrenovation quotes. If you do not know of such as website but can give me average prices, it would be greatly appreciated. I know the ...
So as I am beginning to scale my business. From 2 small multi's in 2015, to 4 in 2016, to a goal of 8 in 2017 (2 acquired so far) What are the things you need to scale on your list?So far I have:Built a standard parts...
Im looking at a new construction Duplex unit, will take 6 months to build.In all the reading and research the 50% rule for all expenses to me seems high for new constrcution.I'm assuming Expense will be Taxes, Repairs...
Hello BP! I'm ready to submit an offer on my first investment property and would really appreciate some second opinions! The deal is 2 duplexes next to each other asking 58900 each, 4 units total. 2 are leased at 525...
I recently found a vacant home near my neighborhood. It has a notice on the door saying it was found vacant on 8/30/22 and that the mortgage lender/bank was notified. It also has a paper on the window saying it has ha...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $189,000
Cash invested: $85,000
Sale price: $344,000
Single family home in a very established neighborhood that...