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Hi all - hoping to have some feedback on this deal for Gloucester City, NJhttps://www.biggerpockets.com/brrrr-calc/1408045This house is a 3/1 and I'm looking to purchase for $45,000, rehab for approximately $30,000, a...
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A new colleague of mine here on BP has asked me some questions via PM and I thought it was best to present his questions and my answers in the public forum for all to benefit from. This will also give him and others t...
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Has anyone used this formula before and how does it work?
Have problem with having offers being except with the tradition rehab formula of 65 70 % of ARV.
Any other ideas welcome
Thank you
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Hey there Bigger Pockets community. I am in the final stages of closing on my first deal. It is two duplexes on one lot. The lot can be subdivided, which is my plan to add value to the properties as they could then be...
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Hi all,I wanted to put a question out there, since I know some of you have more experience than I do on this.My property came with a cell phone tower. That was really convenient, because of the reliable source of inco...
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I have an issue with a GC on a remodeling job. He has abandoned the job unfinished and refuses to answer phone calls, txt or emails for over a month now. I sent him certified mail terminating contract for default. I h...
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Your goals and story: Hey ya'll I'm a first time investor with a recent acquisition of a SFR. I'd like to perform some BRRRR style cash purchases rinsing and repeating with a starting investment of $100k. I'm 33 so ...
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Hello, I am a newbie to the real estate investing and I am going to be purchasing a duplex this July. I am very confused on whether opening an LLC and having my rental income go through a LLC is beneficial? I have als...
Hi All, I am a 29 yo male currently employed in a relatively stable job ($100,000/yr). I'm not focused on saving a lot right now and basically, just put money towards my 401k (10%) and am aggressively paying down/off ...
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Hi folks,I bought my first house in October and it was supposed to be 'turnkey.' At this point, I'm up to 3 maintenance issues, totaling roughly $300 altogether. The first was a broken closet door, the second was a ho...