Benjamin Cowles
How about making offers "minus repair costs" when in doubt
As a newbie wanting to get a property under contract, how about getting a tentative offer 'minus repairs tbd(by contractor/inspector)' accepted? Have any of you lacking rehab estimation knowledge done something like t...
Jordan Moorhead
Is BRRRR overhyped in the current market?
I get asked about the BRRRR strategy all of the time and honestly don’t know if anyone that’s done it in my market where the property cash flows afterwards. It sounds great. Keep using the same money over and over. It...
Bill Patterson
Can we get a "MINUS" button to vote Down a post?
Every once in a while (like just a minute ago) I see a post that is condescending or a below the belt hit. I would like to see right beside the "+" button to vote a post up, a "-" button to vote the post down. 10 po...
Devin Mann
would 80% minus my profits be the same as 70% rule ?
I HATE MATH... Im trying to figure out if the formula that i am using is wrong and which is more accurate...So im trying to figure out how the 70% rule makes sense, by attempting to break down the numbers.So the flip...
Rob C.
Is 70-80% ARV (minus repairs) unrealistic in a HOT market?
I have a property under contract in a hot area of Atlanta. I was comfortable with the $125k asking price given the impression that it was move-in ready (my plan being rent it out and ride the wave of potential appreci...
Scott L.
Pluses/Minuses of investing both the equity and debt on a home
Hi, I'm a relatively recent home flip investor. There's a property going for $200K where I've been offered an equity participation and optionally the debt side. Is there a good case for doing both equity and debt?
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Drew Cameron
Heloc to pay off mortgage faster
I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...
Scott Trench
Are you Pro or Against 401(k)?
A recent article that I wrote on the BP blog received some criticism because I suggest that a 401(k) is one of the best ways to increase your net worth.This strategy was criticized by a couple of readers and I thought...
Abulele Woldulele
Should 1% be on asking price or on asking price minus down paymen
Hi guys,I have 3 questions about the 1% rule for rental properties. Is the 1% computed on the asking price or is it calculated on asking price minus down payment?Consider the following scenario:Asking price = selling ...
Gianni D'Alerta
ISO for gurus/mentors minus the squeeze pages and limited offers! (a rant)
I have gotten to the end of my rope. Are there any gurus, mentors, or educators out there that dont make their "prospects" go through countless squeeze pages, info products, monthly installment type offers. I am prett...