Fellow BP flippers,Saw this article on Yahoo! and thought I'd share: http://finance.yahoo.com/news/housing-flipping-ris.... A few interesting excerpts:- Flipping returns are up substantially from a year ago at the na...
Looking to network and squad up with other investors!! HMU!
Does someone have a spreadsheet that they would be willing to share to help me price out a project? Or know where I can get one on the internet?Project starts with a gutted basement, then gets the full treatment: fram...
How do you calculate depreciation for a residential property?
I am looking into buy-and-hold single family properties. Some of the properties have garages so when I'm doing my calculations I was wondering how much, if anything, should I calculate as an up-charge for allowing te...
So I found a condo that is super cheap and the owner is offering financing. The return is negative to small for the first few years but then jumps to 30% in year 5 after and over 60% by year 10. Property will be pai...
Hello all!I've posted earlier about a spreadsheet I use to determine profitability of a home that I'm looking at purchasing. I was soon asked by many people for a link to the spreadsheet. So, I have decided to put a...
hiI bought a property in Atlanta area 5 years agoPrice 40kNoi =7kCap rate = 17.5 percentQuestion: property is now paid offCan I think and articulate , saying cap rate is now 100 percent??
I am seeking contractors in Detroit. This tends to be difficult since costs of rehabbing is high for the actual returns. the finished product is not expensive since these properties are rentals , I am focusing mainly...
Hello! Looking at a piece of land zoned RD2, 7,900sqft. Can do 3 houses (2,000sqft). By my calculations, this project works, but would like some feedback on pricing and other peoples experience doing these. Heard it's...