I just completed my first flip in Queens New York. It took me 16 months from the minute i close as a buyer to the minute i had close as a seller. Here are the numbers.Purchase Price- $330KClosing Cost as buyer-$1KReno...
Hi everyone,
I need your feedback on this property I've found. please bear in mind that:
a. I'm a new investor looking for my first deal.
b. I'm not that familiar with Newark and I need some locat...
Last year I had a fire in my 9 unit mixed use building. There were seven apts and 2 storefronts. The building is mostly gutted and we've taken the opportunity to redo the layout to make it flow better since it is a 90...
Hi Everyone,I decided to join the BP family as a pro after the newbie webinar. I've got to say that I am very excited not just because of the financial possibilities REI can bring me but that I am learning a new knowl...
Realtor accidentally listed one of my properties on the market instead of for rent (one I had put a lot of work into) and the offers were well above what I expected. Could have sold with a 60kish profit but it was a m...
Hey Everyone,I have been absorbing as much info to get started as I can, and in that process have mostly focussed on residential properties to invest. I have also kept my eye on some commercial properties as they came...
Currently in a tricky position and looking for some advice/ different perspectives. Purchased a home that we completely renovated over the past 6 months (our first reno). Bought for 430k, invested about 160k cash. Lis...
Hello. I come to real estate by a very tortured path.I graduated from college with a BS in physics in 1980 (yea, I am that old). After not being able to find a job, I went running back to the safe haven of academia ...
Hey guys!I'm curious about how you analyze and wholesale properties that make sense for rentals. I'm calling a tired landlord list, and I've seen a few times that landlords want to sell their rental properties because...
Hello-New to hard money but not to rentals, I own 5 doors that I have funded myself but want to keep some reserves so looking into hard money for my next deal and will refinance into a conventional loan to keep the pr...