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Purchased a property all cash 4 months ago. Went with a wholesaler in my state who had deals out of state and was somehow also the property manger for said deals. Initial projection was that I would be making a 21% re...
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I have been discussing possible opportunities with a retiring commercial real estate investor and developer in the Kansas City, MO area. He now lives out of state. I have met with him four times to go over the deals...
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My First Deal and the 12 Deadly Mistakes I MadeThe quick and dirty numbers: Purchase Price: $17,307Purchase Closing Costs: $2000Rehab Costs: $80,748Roof: $6538Foundation: $3000Handyman Labor: $19,284Dumpster: $4378Ele...
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We have Investors from out of state that are funding our flip 100%; home purchase & rehab costs. We are managing the project 100% since they are out of state. What is the typical % of profit split in this type of ...
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My wife and I are very serious about investing in real estate. Our only thing stopping us at this moment is that we are currently doing a complete gut and renovation on our personal residence, (that should be a flip b...
I'm developing land in Redding, CA. 21 homes total, and wondering if anyone has advice or connections on getting the best deals on materials, appliances, things like fireplaces, ceiling fans, basically anything and ev...
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After about 3 years of listening to podcasts and reading books, I finally got past my fear and closed on my first fix and flip 3 days ago. Had to write about 12 offers before I got this one. It was on the MLS. It's a ...
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Hello Everyone!Been on BP for around 1 &1/2 Years now and basically used it for the tools (which are awesome), to help with acquiring RE and considering deals. I have one project under my belt with a small Multifa...
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Hey Guys and Gals,Looking to make sense of a deal that I’ve closed on and just completed a rehab. Purchase price of 115k with 10% down @ 4.75% with a P&I of $654/moLoan balance of 103,500Rehab cost of 10kARV of wh...
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Fellow Landlords and Investors, I have an inquiry on your thoughts and experiences. Perhaps you might be willing to lend me your advice from past experiences?Here is a short story / background: I own an owner-occupied...