what is the breakdown for the 70% formula?how much of a % can i expect purchase closing costs and selling costs?holding costs?hml with holding costs?how come nobody explains the breakdown of the actual 70% rule??the 7...
I am a newbie to the investing world. I have read many books on the topics, talked to many brokers, etc. My specialty is in real estate insurance so I know a little bit, but from a different angle. The holy grail that...
Hi All
Forum Noob here, just curious what are your rules or requirements for profit/cash flow prior to making an investment on a multi-family unit? I'm currently looking at an opportunity to buy a 2 family f...
Looking for my first deal and trying to educate myself. Here is something I am looking at in the Denver market. Even in Denver is $130 to slim of cash flow? Also, how heavily do you rely on Cash on Cash? This would ...
Hey BP,First post in here, short intro: I’m 25, Technical recruiter living in Austin Texas, just bought my first house in Austin July 2021.I’m keen to get into REI, not necessarily in Austin or even in Texas for that ...
BP Nation - As a rookie real estate investor, I'm seeking advice on our first investment property in the Nashville area that my wife and I previously called our primary residence (2017-Jan 2021), and began renting it ...
Hi all -I'm evaluating a short sale with the intention to BRRRR it. I'm currently "house hacking" a 4-plex. This would be my first short sale and BRRRR. I could use some help checking my numbers / plan...Property deta...
Hello! I found BiggerPockets about 2 weeks ago and have been hooked on the podcasts. Three years ago, I landed a job that allows me to actually save money each month rather than living month to month. Prior to that I ...
Me and my wife just found this house, which we are thinking of buying with a conventional loan with 5% down.
Cost: $238000
ARV aprox: ...
i need help for a fellow friend.. we are working with a house that is for a sale price for 120,000. the house is a single family home in a good area of massachusetts. we have 160,000 but want to make the right step in...