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Ok not mumbo jumbo but leaglese. I showed a high end house Saturday and Sunday he said he would like to float me an offer. I was thinking a mile high 3 or 4 sentence idea of pricing and terms we could banter back an...
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Due to COVID, vetting deals requires a keen eye now, more than ever before. These are the 3 areas I think require the closest focus.Vet the Sponsor FirstFinding the right sponsor is just as important as finding the ri...
Hi BP,I am about to acquire my first project and needed to figure out my exit strategy. I am currently at Buy.Purchase price: $120,000Rehab: $95,000ARV: $280,000For the Rehab portion of BRRRR, I have received bids fro...
I'm about to make over 500k on the sale of my home. It's been owner occupied for the past 2 years and my income in '18 and 19 has been very low. Under 20k.With that low income, can i still be charged capital gains?I...
I'm aware that there are a few people on this site that have successfully built up rental portfolios by having passive investors getting a stated return on their money. I want to educate myself a little more about th...
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I'm obviously still very new -- does anybody specialize in college towns at all? As in -- buy a crappy house in a college town, fix it up, and rent it out?
Reason I ask is that I found a relatively cheap house for s...
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I apologize for my long winded first post. I have been lurking on these boards for the last 6 months, what a great forum! I am looking to solicit advice from some of the veterans (especially flippers).
My background...
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I've found an 8 I like, but one of the things that gives me pause is the type of tenant I'll get.
They probably don't stay as long on average, right? Any thing else?
The 4's I've had are all traditional, center ent...
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I think this is the correct category for this post, I apologize if not. I'm hoping some of the more creative and seasoned souls chime in on this one...
I cam across a guy, in my hometown Charlotte, NC, who recently ...
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First off, I would like to state that I welcome any comments and advice. This is my first go at investing in real estate, let alone development, and it seems to be everything from exciting to nerve wrecking.
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