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This is a basic question that I have been curious about, let's say you purchase your first rehab with a loan from the bank for $200,000 and you sell the rehab for $250,000. Now would you pay the bank loan off right aw...
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We tracked a lot of investment trends in 2023
Tired of California's competitive markets and skyrocketing prices? You're not alone. In 2023, a staggering 50% of investor purchases in the Golden State were made by out-...
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Hey gang, I thought I'd put this up to the trusted BP community, ask you guys to tear it down, and then I'll build it back up. (I also apologize in advance if this gets just a little long - I'll do my best). So I'm p...
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Hi All - I am starting to develop a business plan to invest in a home for rehab and resale. I'm a Nashville native and am familiar with the various neighborhoods around the city, but I was wondering if anyone had any...
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Hi! Just went into contract on a home (3 bedroom/2 bath with an outbuilding in the backyard with power) yesterday before doing solid number calculations (I relied heavily on my agent making the mistake of not doing my...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $240,000
Cash invested: $38,500
Sale price: $355,000
Partner Driven, in collaboration with Ivan West, successfu...
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Hi, I have been reading about the 50% rule and I use it for my rough analysis. My question is: Is he 50% rule enough to cover major expenses if you plan on holding the property for many years (roofing, AC, etc) or do ...
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Mid-late 40's, NOT a real estate professional, and currently live in Germany. My wife and I have worked extremely hard and budgeted for years with the goals of paying off properties one at a time as we acquire them. C...
Hey everybody!I'm currently a Texas State student so the idea of house hacking to live on a reduced or zero cost obviously has a nice ring to it. The problem is the inventory in San Marcos is almost none from what I h...
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I currently have been working as much as I can and am paying off 14,000 of credit cards. Dumb decisions but that is the situation. I am 26. Making just about 32000 a year. Would you pay off all debt before investing? ...