Account Closed
My first flip- Profit: 19,100
Hey everyone, I finally was able to put my deal under contract (again) and we are scheduled to close on May 6. Even though I feel happy about the outcome, I could have done a better job with the design of the flip whi...
Lisa Kattenhorn
Let tenant deduct services rendered from rent?
Hi everyone,I have heard mixed opinions on this topic and I would love some input from all of you. One of my tenants is a licensed electrician and is willing and able to do some small jobs for me around my new rental...
Chris Chris
Full Gut Renovation Cost for 2400 Sq.Ft House in Fairfax, VA
Looking for some estimation for 2400 sq.ft of house in Fairfax, VA for full gut renovation; its 70 year old house needs of full renovation; NO new room addition or NO new bathroom addition. Below is what looking to do...
Jonathan Prettyman
analysis on how to handle my first deal with my GC
Hey guys,
Here is an example of my first deal I am looking to do. I mainly need advice on which route to take with my GC, who is my father in law.
I proposed to him 2 scenarios. and he suggested a 3rd.
Initially ...
Bill Hinshaw
Our First Flip
Purchase price - $255,000Expected rehab - $80,000Expected ARV - $425,000Actual rehab/carrying costs - $155,000Actual sell price - $525,000Profit - $76,400Time to complete – 7 months to get on market, 9 months to close...
Randal Remon
Wondering if my Goal is possible in the next 12-15 months?
Hello BP friends,I've been contemplating on one of my goals, and wondering if it's possible to accomplish in 12-15 months? My goal is to have $2,000-3000 (ex. $2,500) of passive income per month from my investments.Wo...
Mykhailo Strelchenko
House Hacking to financial independence
Hello everyone!I am lucky I stumbled on the BP community of like-minded people! Hope to find some bits of advice from giga brains 🧠 :))I am a 23yo newbie to RE. Last winter I came to a realization that all the gains, ...
Ammon Gutierrez
College or Real Estate
I am 22 year old attending at Dixie State University, as a freshman in Utah. I am majoring in Business administration with emphasis in finance. I am wanting to start my real estate career right now. But I am so busy w...
Uuri Koh
New from San Francisco
Hi BP community! My name is Uuri and I live in San Francisco CA. I joined BP because I want to learn more about real estate investing and could use some more open and specific advice for my goals than I've found in...
Michael Ablan
End of year summary: Successes, failures and a mobile home park
Hey Everyone,I like to drop in here from time to time to talk about my journey as a real estate investor. I feel it's appropriate because I honestly don't think I'd be where I am today without this website and commun...