Tyler Bushey
BRRRR or flip? I cant decide!
I've got a house under contract and I can't decide whether to flip, or refi and hold as a rental.Purchase price - $95kReno - $45000(estimated guess, meeting with my contractor tomorrow)Loan costs - $15kARV - $215kIf I...
Andrew Beckmann
How to fund large rehab
Hello BP communityI'm looking for advice from some of you seasoned/experienced and savvy investors out there. I am a newer investor with one property at the moment. A 4-unit house hack I bought last year with FHA loan...
David Gonzalez
New to real estate and looking for guidance
Hi everyone!
I am new to real estate
investment, but currently have two properties that I would like to turn into
assets and start growing my portfolio. I am seeking feedback on what someone
more experienced would...
Andre Watts
Timeline of flip purchase?
Good afternoon BP,I am looking for my first deal to flip and I was hoping to get some clarity around the early stages. If you’re acquiring a property from a wholesaler, do you typically have a contractor ready to go w...
Aaron Matassa
Which way to go
So far all I can say is WOW. I've been browsing this site for the past couple days and learned so much. Like the 50% rule! Thanks all. Now I have a question of what you guys think about one of my 2 paths.
I am curre...
Joel Johnson
Trouble with the "2%" rule for buy and hold
Hello community,
We only own one single family home and it's the one we live in. Our goal is to create passive income through buying and holding rental properties.
I have heard on the podcasts that to be successful...
Wendy Wood
Newbie- thoughts on this deal?
I know of a house that is up for auction through the 11th. It's listed on the auction site as a 2br/1.5ba, 1891sq ft with a full foundation basement. I know that the "basement", which is really a walkout, has three be...
Marcus Jefferson
Analyzing comps using price per sq ft
Hi BP!
I have a potential deal in Northern California. The house is probably 1k sq ft larger than any other house in the area.. when analyzing comps rather than using recent sold prices can I use recent sold price ...
Juan Lara
The 1% Rule Thumb For Cash Flow
So I Just listed to Postcast #272 and I learned the 1% Rule of thumb "If a property rents for 1% or close to what you pay for it more than likely has positive cash flow" Your thoughts ?
Einat Menashe
How to get an agent help with ARV + Rental price?
What is a creative way to form a relationship with an agent, where they can help you quickly figure out ARV and potential rents for a wholesaling deal?
I have few deals that come my way from a wholesaler without ren...