Phillip Trenk
Is this a deal
I am looking into my first flip. The purchase price is 107,500 it needs 35k for rehab, holding costs, realtor fees etc. The comps indicate an ARV of 180k-190k should I go for it?
Nicholas M.
Question on closing costs
Hi all, I'm a new comer to BP but have been following for a couple of years. We're getting close to our first purchase (duplex to house hack) and we're working with a lender who our realtor recommended. The lender pro...
Lalita Mitchell
$$$ Closing costs & Inspections?
Hi Everyone!Hoping to get some answers on how much to plan for these items to cost:- Closing cost - title policy- Property Inspection per unit- Lead paint inspection per unitAll properties would be located in Columbus...
Margaret Mays
is this a good deal for investors if i present this
anyone willing to go over a investment report with me to see if this is a good deal or not?Purchase Analysis & Returns PURCHASE Purchase Price: $ 120,000 Purchase Costs: + $ 3,750 Rehab Costs: + $ 10,000 Total Cas...
Jacob Munson
Questions about tax savings on rental condo in Encinitas
Hi all, had a few questions about my condo in Encinitas which I originally purchased for $430k and maximizing tax benefits when I turn it into a rental in the coming year.1) How do I figure out my adjusted cost basis ...
Jon Begley
Can I expense the labor portion of a capital improvement IE: Roof
I am getting ready to have a roof replaced ($8,500) and the estimate list materials and labor separately. I know the roof would be a capital improvement but it got me think that labor isn't a depreciating asset. That ...
Ashley Benning
Your Fix and Flip Formula
I've been doing research and forum stalking for a while now, and am getting ready to take the leap and purchase my first Fix and Flip. (By "ready" I mean "within the next 12 months.") I'm trying to pin down a formula ...
Adam Zagorsky
First Real Estate investment - Setting up for success, hopefully.
I am looking to get some advice or guidance on my entrance into the real estate world. I have been doing a lot of research, learning and listening to learn about real estate investing in the past few years and it seem...
Luke Hoffman
Sell or hold- cashflow destroyed by property taxes
We own two rentals in a small town in Indiana. Property values have gone up approximately 40% in the last two years. We bought a 3bed 1 bath for 125k with a rent of 1,100. We also own a 4bed 2 bath for 137k with a ren...
Account Closed
Fix-n-Flip Gone Wrong
Here is brief story about my first flip. My name is Dakota Coburn and I decided a few years ago that becoming a real estate investor was the right career path. I spent 12 month researching, reading, analyzing, going...