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Hi BP! We took an assignment of a standard AAR contract for a fee of $5,000 through a wholesale/rehabber mentor of ours here in Phoenix. We were told by our mentor that repairs would be $20k or so. After signing th...
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People familiar with Miami market, could you pls take a quick look at this property - http://www.zillow.com/homedetails/1131-NW-63rd-St-...Probably meets 2% rule. This is very likely a C/D area, right? Just curious. N...
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Hello,
My family has recently inherited a West Texas home from a relative who passed and it's currently sitting empty and I'm looking to get some advice on the best possible way to go about funding the deal.
The ...
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Over the last two weeks I have been fortunate to analyze a few deals.
This particular deal is a 9-unit apartment building with store frontage and a restaurant. (Most of the apartments are Section 8, located...
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Hey guys just wanted to say I GOT MY FIRST HOME UNDER CONTRACT!!!!! OMGOODNESS IM EXCITED! It’s outside of Grand Rapids which is what I was originally looking for but the deal popped up in Kalamazoo and I decided to s...
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Hey guys! I'm pretty new here so I'm sure I will be pushing the limits of "There are no stupid questions".1) Right now I am only planning on having 1 flip going on at a time. Is it worth finding a General Contractor? ...
hello, new here and getting into investing.We currently own a rental in the south hills part of the city and looking for our first flip.Would you do this deal? It is a foreclosure in pittsburgh (where we live). This w...
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Hello BP,Through a few networking events I am being advised not have my properties in my own name for asset protection purposes and legality reasons . One of the strategies that I ran across was opening an LLC to have...
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I purchased my first, and so far only, property about a year ago. I've been a follower of BP for a few years now and have spent many hours reading the various books they recommend on the podcasts. I was eager to jump ...
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Hi, I just put a contract on my second flip. This one will require moving several walls to reconfigure the space. Does anyone have rule of thumb cost estimates for this kind of work? I'm in the Southeast US.Thanks!