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I have read that flippers tend to sit around the 70% mark for buying vs ARV for flipping properties. Is this what most use as a number? What do you use for a percentage?
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If an investor fix and flips a home and sells it to an end buyer, what is the minimum ROI should the investor expect to gain when he/she sells the property?
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2 and a half years ago I was a hardworking blue collar young man with a set of twins on the way living with my girlfriend in subsidized housing. Hardworking, blue collar and subsidized housing shouldn’t go together in...
Question to rehabbers. What are some of the things you consider while determining if you want to fix/flip a property or fix/hold it as a rental? Assuming the profit margin in the flip is what you expected and the rent...
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In summary: I'm kind of new to credit cards. I am an expat in Bangkok and I have this credit card right now: However, I would like to know if you can share some good tips with me on how to manage it properly, and more...
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I started investing in real estate when my employer made changes to the pension plan (they stopped contributing to it). I was facing a shortfall in my retirement plans as a result of this change that I needed to make ...
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First, I am blown away by this community. I have made a few posts in the past and to this day, will randomly receive calls from people on this board to chat. Really can't beat that! I have started a property managemen...
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Ok this may or may not be long, so if it turns out to be, please bear with me :mrgreen:
I currently own a 3 unit building that I plan on converting into a 4 unit later this year (the garage will go and I will build ...
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Hi All,I am new here on BP but have been lurking and learning for a couple of months. Ready to get started on some deals and frankly tap into all the expertise and wisdom that I've seen so freely offered on these for...
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Hey guys! I'm a little confused as to how a rental property acquired by the BRRRR method ends up cashflowing after all expenses are taken out. Of course this depends on the numbers so let me give you a common example ...