We closed on a single family flip this past Tuesday (June 23rd). We will be posting the progress of this flip here on BP. Here is a breakdown of some of the key numbers.Purchase Price: 85kRehab amount: 31kBeds/Bath:...
Just got an email from my PM stating that they will offer tenants a $75.00 discount if they pay rent in April or May. From first glance i am okay with this. I think this might weed out those that won't pay due to Co...
The small house I'm buying needs to be repiped. The person who is doing it said it could be done in one day, with a full crew. Do I still need to create a contract for a job that lasts this short a time period? Or wou...
I'm getting to the point where i should start to look into what an LLC can do for me. My wife really wants to set one up but I can't think of a scenario where i'd be sued for more than I'm already covered. I honestl...
Hey guys, I'm working on my first multi-family investment, and I'm hoping you all might have some advice. I am currently renting an apartment with a lease that expires at the end of January, so I'm in a bit of a time ...
Hello everyone! My name is Seth Davis. I introduced myself earlier in the newbie forum. Feel free to hop over there and read my post if you have time. I have recently decided to pursue a new passion of mine which ...
Hi BP Community,I'm considering doing a high end redesign and addition to an 1800 sf SFH. I'd like to gut and redesign the existing first floor of the house and add a 1400 - 1500sf second floor for a total living ar...
Hello,I have not seen much in terms of case studies of $2M+Rehabs in the Bigger Pockets Forums so I wanted to contribute a little bit: My partner and I primarily organize joint ventures with developers on ground up co...
Is the 1% Rule simply calculated as: Monthly Rental Income / Home Purchase Price?
Good afternoon! How many of you collect rents online and do tenants like it or seem bothered by having to set it up etc? I feel weird with tenants knowing our home address to mail checks. We are buying two new investm...