For a novice investor/wholesaler, I am curious to fully understand the concept of the 70% ARV rule. I think I know the jist of it which is being able to buy a property at a discount, or cents on a dollar. But..how do ...
Hi Everyone,When it comes your real estate investing. What concept or idea was hardest for you to understand when you were trying to learn?
In the process of purchasing a townhouse and the kitchen is horrid. Its closed off to living room. Want to know if I can open the wall up or knock it down? Not sure if it's a load bearing wall.
Bigger pockets. Can I get someone to explain how the RUBS system works if you own an apartment building and looking to bill back for water, trash etc? Let's say the operator is paying $40 bucks per unit. How much of t...
Hello BP, I'm trying to get myself to the next level and here is my situation:I'm currently in the military and I bought my first VA home off of the MLS for $90k with no money down. I spent about $20k to renovate the ...
Anyone understand how HUDs new loss mitigation concept supposed to reduce mortgage payments? I'm not getting it. Particularly this paragraph here. I just don't see how the extra 2nd mortgage is supposed to (temporaril...
I recently listened to the Millennial Money Podcast where Chris Naugle talks about using a specific type of life insurance policy to "become your own bank" and build a foundation for wealthy building.The idea is that ...
Investment Info:
Single-family residence other investment.
Purchase price: $12,000
Cash invested: $60,000
Sale price: $290,000
Smaller market proof of concept for the lower side of the middle mar...
I've been a real estate investor (multifamily, land, CRE) for 2 decades but have been working on a concept to purchase multiple properties in the US and around the world. The shareholders own and build equity while li...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $7,000
Cash invested: $15,000
Framing stage. The new roof is on in first floor is gutted
What made you int...