I'm in a bit of a quandary at the moment. I purchased a property in pretty bad shape for about $1 million last year and spent about $500,000 on what ended up being a MAJOR rehab project. The city assessed the value ...
ARV $125,000
Purchase $70,000
Rehab $23,000
Estimated time frame: 2 weeks
Rehab time frame: 4 weeks
Budget: $18,000
Analysis: Went 2 weeks over the estimated rehab time frame because I decided to to some of the work...
I am considering possibly starting my investment portfolio in Guayaquil, Ecuador. Housing and labor is cheaper there, which will allow me to start investing relatively quickly. My in laws live there and I trust them t...
Hello, I hadn't given much thought about the type of business to register when starting in REI until I read this post by @Brandon Turner: https://www.biggerpockets.com/renewsblog/2016/02/2...LLC just seemed like the r...
Hey Bigger Pockets!Once again, I'm being horrible at posting on BP and its getting harder and harder to sit down and write anything on the forums. Just know that I am investing a ton, and I post when I can.As for thi...
Ok, well... Ive never flipped a house before, I have no idea what supplies and materials cost, and I dont know what's a good price for a decent contractor. How do you guys figure out this cost on your first flip?
Ive been saving up to purchase my first primary residence while writing my business plan and educating myself on rental property investing. Today someone close to me said their interested in investing in me. The first...
I'm looking at increasing my deal volume by bringing in an outside investor for house flipping. The target would narrowly be SFHs needing cosmetic repairs (i.e. flooring and paint), can be rehabbed in less than one mo...
Good Morning BP Community! I'm happy to finally take the plunge and become a member. I have been listening to some of the pod casts and reading many forum discussions before finally deciding to join. I am a regi...