LInda DuChene
Happy First Reno Experience.
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $25,000
Cash invested: $50,000
Sale price: $145,000
It was our first flip. It was a 1241 sq. ft. 2 bedroom, 2 b...
Wayne Griffin
70% rule Vs the fix and Flip calculator
lets say the ARV of a property is $320,000 when I apply the %70 rule I get $320,000 x %70 = $224,000 - profit of $50,000= $174,000 - repair $63, 860 = $110,000 purchase. However When I use the Fix and Flip calculator ...
Brendan Martin
Competative Spirit
I was just affirmed that my competitive spirit is alive and well. At times I wonder if, since entering adult life, my competitive spirit has died. I'm sure this is one of the things that has been driving me toward r...
John Cohen
Make money by tracking deals, pipeline, and follow up
I wanted to share with the BiggerPocket community 3 tips that could change your life. I recently signed contracts on a 138 unit property in North Carolina. This was a property I originally saw and added it to my pipel...
Kyle Grimm
Seeking Managing/Accounting Software advice. KEEP GRINDING!
Hello all! I am in search of the best program/software to fit my needs. I have a small portfolio of 3 units currently, but looking to grow to around 10 next year. With 3 units, I haven't had too much accounting to d...
Casey Maib
new investor from the Napa Ca area
Hello All,i am a young aspiring new to this site and the world of REI in general. i have always looked to real estate as an abstract means to an end using buy and holds to finance a modest early retirement.i had belie...
Katrina Edwards
Help to Decide! HELOC or Fixed
Hi everyone. I've been lurking somewhat and responding to questions within my area of expertise for about a month now, but this is my first post to Bigger Pockets. I need to make a decision within the next 24 hours...
Hae-Yuan Chang
Does an FHA loan require an inspection?
I haven't found a clear cut answer, so I wanted to ask this awesome community!I know that a FHA appraiser will also be inspecting for safety issues. But will I need to get an inspector to pass a loan? I know that I wi...
Paul Zimmermann
Gaining access to a boarded house
I have written permission from an owner to go into their house to see it before making an offer as a short sale. However, the house is boarded up and the owner now lives across the country. Any thoughts on how I coul...
JD Mims
Questions about shared basements in duplex
Hi everyone! Just looking for some feedback on shared space in basements. I am rehabbing a duplex that has a shared basement. A mentor of mine feels like this could create a liability with both units having access to ...