I'm a newbie and would like some advice. Are mentors worth investing in? Has anyone used one in South Florida? They all say they will take you under their wing, show you how its done, and fund or give proof of funds l...
Hello everyone, so the first couple of rentals I have have been basically turnkey properties, we’ve done some painting, changed out fixtures and appliances and minor repairs but I’m looking to get more equity up front...
So when i find a property and want to make an offer to the owner, then what? i tell my hard money lender and they prepare contract? I'm new.
This is the toughest part for me. I haven't (yet) read any books on estimating (looking to get the J Scot ones next).here is what I have seen today in my email.Its more than a 100 years old. It is 2/1, but it has a sm...
We have a duplex rented out as student housing on a yearly lease in Philadelphia. Before move in, tenants are required to pay 1st, last months' rent and one month rent as security deposit. Based on contract we have wi...
Hi BP Community,I just offered on a property in Brooklyn, New York that is in the process of going through a full gut renovation and being flipped. The property is a two-family. It is off-market, so there is no compe...
I came across this image on a real estate posting that recently sold in June 2018.The final cost of the rehab according to this image was $375,000!!! The image was included in the listing so this could be a marketing ...
Am I doing costs right?I'm running the numbers on some different properties and I just want to make sure I'm estimating my costs right. Does this seem accurate to you?Mortgage: For multifamily the loan will be 75% of ...
Hi everyone, I'm working a lead that's a 2 bed / 1 bath / 634 ft home on a 2000 ft lot, so not much room to work with however, she owns the adjacent lot which is also 2000 sq ft and vacant. She is asking 106k for the ...
Hello! I'm not new to the forum but I'm new to flipping houses. Good news though, I have decided to flip my first house shortly and I wouldn't mind if you guys ran my numbers/ gave me some advise just to make sure I'm...