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Relatively new to flipping/rehabing. The rule of thumb we always hear is 70% of the AVR and rehab deducted from there. In our market the median sales price is close to 300,000. I understand in a <100,000 market how...
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I first want to thank everyone from newbies and experience people. I just joined while surfing around this site several times. To get my feet wet,
I am taking about 6 month to a year to study, research.
My goal is to ...
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Hi folks, I got on to this website because of problems that were not my own--my parents. I was lucky to sell their rental homes for what they bought them for and I KNOW how lucky I am for that.
Here is my my questio...
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Hi everyone, I'm new to BP, ready to make some investments during a my next move. I've been listening to the podcasts and now im looking to the forums to increase my education. Maybe some day soon I'll have some val...
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Hello! I am currently looking into getting my first rental property through the technique of house hacking. I am 20 right now and currently live in the Minneapolis area. Just as most young people, I don't have much cr...
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On September 28th, my vacation rental, which was set to bring in over 100k this year was flooded with 7.5 feet of water. It's currently gutted and we are just waiting, waiting, waiting on insurance. There's this FEM...
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if I pay my brother or young cousins $10/hr for demo or cleaning work, can I write that off the same way I would for any other contractor?
How about if I were to replace a range hood or other appliance with o...
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There's a trend a'brewing. Google is starting to predict what you'll ask. Amazon suggests things for you to buy. Even Walgreens is tracking your purchases and giving you coupons based on predictions.Should landlords j...
I've been reading for months about leveraging rental properties and I am set on becoming finacialy independent this way. I have made spread sheet after spread sheet. But I'm still lost.Im 26 and have 40k from my last ...
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I currently own two rental properties. I live in a rural area and my wife and I make about 55,000-60,000 a year. We live modestly as she stays home part-time with our kids.
Anyways, one of our properties cash flows...