Hey all! I may have stumbled across a deal in my hometown in Florida this holiday season and am interested in this group's thoughts. My background: I currently own two STRs that I manage long-distance, and am intere...
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I just wanted to put some feelers out there and see what sort of people we have interested in real estate here in Missoula. I just recently moved to the area and have been looking at a lot of properties that I could p...
My goal is to purchase a duplex (or possibly tri/fourplex) with an FHA loan as my first home and live in one of the units here in Fayetteville Arkansas. After that is said and done I want to plan how I purchase the ne...
So far I have sent out 85 letters to absentee homeowners and distressed properties. Today I got my first phone call!! I'm feeling very overwhelmed! I've been studying my butt off, but now that it's happening, I feel l...
Hello BP Community!I'm working with a client who's interested in a home that's currently used as an airbnb. I was sent some docs as proof of rental income, but I'd like to know how accurate this is VS what airbnb fee...
Hello All,I am fairly new to REI and taking some baby steps to do research and find lenders that will fit my needs. Has anyone used BackFlip to fund any deals?
Hello BP,
I'm trying to analyze a deal everyday until I pull the trigger on MF.
Here are the details:
Purchase price: $1.049M
Monthly Rent: $8100
1-2% rule, no: 0.77%
Area: B+/-
Units: 3/2.5
Days on market: 203
Yea...
Hello BP Team,Earlier this year a colleague of mine opened up my eyes to the power of real estate investing. Due to being a complete novice on the topic; I have spent the last few months reading books, attending webin...
Hi Folks, I have a master spreadsheet with all my costs for a flip. I'm confused though as to how to calculate my gross profit. I have considered any and every expense associated with the project, including credit car...