A little back story to explain where I'm coming from and my current situation.
-Bought my first house (foreclosure) in 2012 in the Houston area, lived in it for 5 years not knowing I would flip it. Sold it, made some...
I'm in to my first year of flipping and just finished my first rehab in a property in PA can't get any bids close to what I'm asking - two price reductions later and just hear crickets. Thinking of just renting it ou...
Investment Info:
Single-family residence fix & flip investment in Philadelphia.
Purchase price: $55,000
Cash invested: $95,000
Sale price: $145,000
Bought this property from the foreclosure a...
With 60k in total to spend.The goal would most likely be to rent it out or flip it.What do you think a healthy purchase price to repairs ratio is when buying foreclosures?
Hello everyone. First and foremost, thank you to everyone who contributes to this, be it in the forums or BP content. It has and will shape, not just myself, but many, many peoples lives!A bit about me.I love real est...
Have you ever heard Warren Buffet's 2 rules of investing?Number 1 - Don't lose money.Number 2 - Never forget rule number 1.Me on the other hand?I've accidentally ignored rule number 1 plenty in my life.Particularly wh...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $80,000
Cash invested: $24,000
Sale price: $140,900
The cash invested is not including closing costs, or the co...
Good afternoon BP,
Where exactly did you find your first contractor to work on your first investment property?
I am trying to understand if, in fact, most investors get their first contractor via networking or if th...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $40,000
Cash invested: $22,000
Sale price: $111,500
3 bedroom 1 bath single family home, located in northwest a...
There is a house near where I work....and right across the street from a college. The house is 2500 sq ft, 6 bedrooms, 3 baths. It has been sitting for a few months now and the price has been dropped a few times to ...