Hi, the goal is to get $4000 per month of consistent cashflow. This needs to happen WITHIN 4 years - basically by the end of 4 years, the $4000/mo cashflow should be consistent. I know many variables can go into play,...
Whether you're a fix and flipper or landlord investor another type of real estate investor, what are the current resources you are utilizing to get your deals funded?
So I purchased a SFR about 3 weeks ago and the renovation process has been underway for about that same time. Along the way we have come along some unforeseen costs that will force us to eliminate some of the design w...
Hello everyone! I am stationed in Norfolk, VA. I currently own a home in the area and I rent out a room to save up more capital to purchase another home. I am drawn to the idea of cashflowing rental properties. I have...
Hi all,
I'm trying to get started and would love to tap this community's wealth of information on potential best strategies for getting the first deal and thoughts on where I'm leaning so far.
Little background on ...
Hi BP,I'm deciding whether to rehab and resale or rehab and hold for rental. Here are the details:Single family, Purchase price $25kRehab costs $23kARV $75kEstimated profit for flip is $10k (13.5% of ARV), or monthly ...
Hey all,
Just found out an REO house I've been looking at is a Fannie Mae property being sold by a Real Estate Agent. How are they to deal with, do they barter? Is it feasible for them to go for 70% of list price?...
First off, thanks for any replies in advance, as this is my first BP post!So I still have my first primary home that I was fortunate to have bought in 2013 (bottom of the Fairfield County CT market by rough estimates)...
I am debating forming an LLC prior to acquiring my first rental property. However, I have not decided which state I want to start in. I live in Virginia (Hampton Roads Area), but have been looking in the Baltimore M...
Hey guy! This is my first post so bare with me as I am new to this. So I have a property in Delray Beach Florida that my wife and I currently live at. We live exactly one mile from the beach, trader Joe's and a bunch ...