I am a local contractor in the Houston area and im starting to run into a very bothersome problem. I sometimes sub out certain trades to do work for me and they always ask for money upfront. I dont ask for money upfro...
I bought my first rental property in early 2015 (a duplex) which continues to be a success almost 3 years later. For one reason or another, unlike most, I felt a feeling of being content and went back to the sidelines...
No it does not... however four gumball machines might. Is what you are thinking of buy and holding make more profit than four gumball machines? This post is to get a new investor to take a step back and consider what ...
OK guys, I'd like your thoughts on some numbers that I'll list below. The complex is a 28 units total consisting of 14 buildings with two (2) 2/1 units in each. The roofs have all been done around 2003 and most of the...
Hi All,I'm new to BP and I'd glad I found this community. I'm living in Aurora and been invested in townhouse along Eola rd, Naperville school district and would like to expand my portfilio with MF properties, startin...
Investment Info:
Single-family residence wholesale investment in Leander.
Purchase price: $208,000
Cash invested: $400
Sale price: $260,000
7 acres with pre-1968 manufactured home. Sellers wante...
Hi Everyone,
My name is Isaac Lane and I'm from the western suburbs of Chicago. I'm a mechanical engineer that is striving for financial independence and see real estate investing as a great avenue for it! Over the p...
I need to know the 2 minute formula for rehab cost. I'm finding homes that have good profit margin but the rehab cost is a little high. What is a formula that will work on most flips? I have one that I use but I wa...
I would like to know... when you analyze a potential rental property deal, do you "stress test"? for example:Crank your vacancy up to 12%? Figure you expenses at refi could go up x amount due to higher interest?Or doe...
I have found 2 properties in my area that would be great for BRRRR but I only qualify for an FHA loan. Has someone here started a brrrr with an fha and refinanced out or can you not do that? Also in New Jersey if that...