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So I just ran the numbers on a potential rehab property. Purchase = $310,000. Rehab = $80,000. ARV = $499,000.My profits before realtors commissions = $71,585. After deducting $29,940 of commissions, profits = $41,645...
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I have $20k, how should I throw that money into real estate to make more than $20k in a short amount of time?
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I'm in the market for someone to assist in overall tax and wealth strategy (not just real estate focussed). I've spoken to three companies so far and am leaning towards Wealthability. Would anyone be willing to share ...
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Quick question BP folks,
My tenants lease is up as of November 1st, 2022 and I am contemplating selling the property: As of right now I could walk away 200kish tax free because I have lived in the property 2 out of ...
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So we have been actively looking for investment properties for 2 years now. Fortunately we were able to purchase one and are in the rehab process. But even getting the first one took finding 3 realtors. So here is the...
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I've been trying to find the solution to managing real estate with online software for quite a while now. I've tried a lot of products, and haven't found quite the right fit. But I figured I could share some experienc...
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So it appears that the GSE model is officially being declared dead by the Obama administration and is nearing major reform from what I am reading from a number of sources. Any thoughts on what this means for us going...
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My First Deal = 6 doors! This story begins as many other stories that heard told on the podcast: I started listening to the BiggerPockets Podcasts to and from work trying to figure out a way to exit the corporate ...
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Highest property prices in the nation, maybe the world. Yet commission rates are untouched. 5-6% is still standard. But how is that possible considering that'd be more than most people make in a year? $100,000 I he...
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So I originally thought using these types of database programs would require weeks of my time to get working for taking care of my organizations requirements for tracking all the stuff I need to track for creative rea...