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I could really use some advice from the community!I was working with a friend as a backer on deals here in Hawaii and put down some earnest money on a bank owned property deal I got for 500K. When it came time to put ...
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I was wondering if any veterans of the Single-Family residence flipping business have stats for the % of flips ending up losing money and maybe also days per flip. Do you keep detailed stats about each flip?
I have not run across anyone talking about building or having a reserve fund for a property. What is The recommendation to accrue and pay for a unexpected capital upgrades, i.e. furnace, roof, sewer, parking lot, wind...
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Hi everyone! After lurking and reading and listening to all the things, I decided to take massive action. I found a house that I (think) I want to flip in a neighborhood I am very familiar with. If I can get it at the...
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I know that they say leverage allows you to increase your returns, however; I've heard a popular investor say that he used to think that many leveraged properties were the way to go, but that now he realizes that one...
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Hi everyone,
I rarely post but have read a ton from the forum. According to Bryan we're called "lurkers." I have a question about the plausibility of investing in limited partnership shares or LLC's.
Just to give y...
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I just joined BP and had joined Lifestyles Unlimited about a month ago. It cost me $6.5k and upon reading many discussions about them, mentoring in general, and how there's tactic to get you to join programs like L...
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I am happy to report that the final numbers are in from our first TWO successful BRRRR's (Buy-Rehab-Rent-Refinance-Repeat).Who says lightning doesn't strike twice? These were two half-houses (left and right side of a ...
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Please help me with my first offer for an apartment building: Subject: Six Unit Apartment building on the market for $800K. Only three of the six units are occupied. I believe I can get $1,000 for each unit after some...
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So here is the potential deal, love to hear any ideas. Purchase price is 600k on 3 unit property that should cash flow. I am trying to find out what is the best way to finance it either for short term (flip) or l...