Daniel Ryu
Hybrid flipping idea - You do the flip / you and owner split profit
Hi BP..Just wanted to see what people thought of this idea:Problem - Out of state investor OR someone who has a different primary resident wants to sell home but has deferred maintenance to the tune of 30 or 40K. OWNE...
Amie D.
Is there any strategy in which this would work?
There is a house for sale that is a 3 bedroom, 2 bath, 1300ish sq ft single family, listed for $329,000 that has been renting for the past 4 yrs at $1400/month, but could "probably" be rented for $1600 a month. As wel...
Douglas B.
Estimating costs of repairs
this is a post for the SUB30kCLUB and anyone else who can help.
When buying a property in need of some rehab, what do you estimate for cosmetic rehab costs vs major rehab costs? I know that costs will vary w...
Account Closed
Kitchen Open vs Closed Concept
I've personally come from a household that has always believed that a close kitchen (kitchen in its own room like space) is the go to. However, began to notice that is a split on whether open or closed is more desired...
Jesse Li
Are these rules of thumb realistic?
As I read some of the rules of thumb for real estate investing, I can't help but question if they are realistic or simply wishful thinking.For example, 70% rule says you should by a house with total cost including reh...
John Thedford
Where Can I Get An Investment Earning 7% Per Year? NOWHERE?
I'm 65 and looking to retire this year. Where can I find safe investments that will give me an annual return of 5% to 7% in retirement? --Gary, Pennsylvania The short answer is nowhere, assuming that by safe you mean ...
Ayodeji Kuponiyi
Should I Buy a Negative Cash Flowing Property?
Many times on BP I've read "buy a cash flowing positive property". What about a negative cash flowing property? I've read that you make your money when you buy, does this apply to a negative cash flow property? I'm su...
Jake Evans
What to say to hard money lenders on your first real estate deal.
I am looking to start a relationship with a Hard Money Lender to do fix & flips in my city. I have only purchased my current home. I have never done a real estate investment deal before.I am planning to sit down w...
Tandi H.
Please explain in more depth IRR
@ Llewelyn A. -You posted this on another thread:"Mike, Jay, like both of you, I buy based on Internal Rate of Return (IRR) Analysis, not on calculations that only tell you what the current year return gives you.I met...
Wesley C.
Where do you keep cash reserves?
There is no right or wrong answer to this question, but I would be interested to know where you guys keep short to medium term cash that you are holding between deals. That is to say, you sell a property and you have...