Happy Friday Everyone!I've recently noticed that, as I'm trying to get my REI business off the ground, I haven't had much experience in calculating rehab costs. This is a huge part of wholesaling (my starting point) a...

Hi BP! I just created a listing for my duplex and know that NY State Law now limits the application fee for a renter to $20. This is below what majority of the credit check sites cost (I use cozy), so I am wondering w...

Just curious what people think - let's say your family lives in a high cost area. You are relatively young (mid-30's) but could have financial freedom from your RE if you moved back to a lower cost area (about 700 mil...

I just finished turning a rental and thought I would share the numbers.  We did replace the flooring in part of the home at a cost of $1800, but the rest of the turn was $500 and about 15 hours of my time.  First, thi...

Good morning BP world.I had a quick question on closing costs.  First off, I am a newbie at real estate, but I have been doing a lot of reading and research and am getting comfortable with the idea of buying real esta...

Hey guys, interesting situation here. We just got some properties under a master lease option. We paid the lease option down payment and are taking over operation. We structured the contract in such that we realize th...

What is the most important skill to learn as an investor in order to make your apartment investment profitable? Where is the money made/lost in apartment investing?If you were starting over today, what advise would yo...

Does the 1% rule get calculated from a home’s pre-rehab price or should it be 1% of the total (purchase price + rehab costs)?Ex. 1. I buy a house for $60k. Rent would be $800. That works.Ex. 2. I buy a house for $75k ...

I’m a realtor in Houston and I’m really good at getting my investors deals but now that I want to start investing I’m seeing that it’s not just about getting great prices, I actually have to look at other factors. I’v...

- In 2015, my partners and I started our company and completed 2 single family flips. The first one we used day labor, handymen, a few licensed subs and lots of our own labor, all financed by personal loans and credit...