I just completed my first flip. It took 6 months from beginning to end and here are the approximate numbers:Purchase Price - $170kClosing Costs at purchase - $11kRenovation Costs - $80kHolding Costs - $9kSales Price ...
Hello BiggerPockets- My fiancé and I are looking to buy our first home together within the next 8 months. We are in a very affordable month-to-month apparent right now. We are very much in the early stages of researc...
Hey BP,I've been thinking recently on a topic that surprised me when I realized I had kind of thought this way my whole life and that is - going across the river to Illinois.To be more specific, I grew up in O'Fallon....
I have been looking for my first house to flip. I have found some great deals, but most of them are in the low income, high crime rate part of town. I am concerned that although I can purchase these houses for a low p...
Am curious if anyone has ever had the problem of an ARV coming in too high so that you got your money out and then some but then the property didn't cash flow/mortgage was higher than you anticipated?
Hey everyone!
My name is Tanner and I am 23 and a current full-time college student studying Accounting. I have been listening to bigger pockets podcasts for a little now and I have decided to try and get my first pr...
How are you handling vacant units during this mess? I have one vacancy which I've held off on and another coming up at month's end.Are you showing them, is it legal?
So I sold a house for $250k and my tax guys says I will owe $20k in taxes. I am trying to do a 1031 exchange but would you buy a property that's not really a good deal to avoid the taxes. I have 2 duplexes lined up th...
Trying to start out slow and steady, (and somewhat idiot proof for me) my wife and I paid cash for our first real estate investment (buy and hold) at the end of February. Our goal is to diversify some or our portfoli...
My wife will be going to graduate school this fall. We are blessed in the nature that her parents paid for all of her undergrad and she has roughly 30k left in her college fund. Most of the graduate programs run aroun...