Richard Stephens
comps
Hi Everyone,i have a question on what to offer on a house that the comps fluctuate from $100k and up,no two houses are alike,a rich area like the house im thinking of thie asking $223k needs about $50-75k in repairs a...
Aaron McGinnis
Flip report - Sinkhole (56k go home)
Well, some of you may recall that some months ago I posted a flip blog for the Heart Attack house. We bought two houses, side by side, on a street in a developing area. The Heart Attack house was a gut-out renovation....
Adonijah Short
How do you analyze your flips?
I'm reading the book called Flip and in the book they have a model where it goes like thisARV-Repair Cost-Quiet Cost-Minimum profit__________________________(How much you should offer)My question is does anyone else u...
Alan Asriants
Why BRRRR is not an effective strategy today...
Margins in the market today are extremely tight. The best deals I find are usually the result of an agent’s lack of familiarity with the area or a very poor listing presentation. Even in those cases, it’s difficult to...
Autumn G.
Expectation of 20% CoC for STR and Turnkey: Should I walk?
I’m under contract to buy my first STR, and the house didn’t appraise. The seller has dropped the price to $1500 over appraisal, so at this point we can accept or walk. They’re selling the house fully furnis...
Robin Morales
Opportunity amid COVID Chaos
Good Morning BPRecently, I halted my first multi property investment in fear of the uncertainty brought on by the virus. Although, it was a tough decision, I feel there will be a better opportunity to come. I’m not su...
Joey Fontenot III
Approach to your Rental Property(Purchase Price/Rent Ratio)
Hey guys
Just curious what is working for the landlords out there acquiring property right now in 2011. What is the model you guys are looking at for purchasing these properties in your market. How much are you g...
Adam Trujillo
In between jobs, 20k saved. Can I make it full time RE investing?
I’m looking to dive in! I moved back in with parents. So grateful they are not charging me rent. I’ve never done real estate investing and like wholesale concept. Im in San Diego and am looking to network work with or...
Mary A.
Long distance property
Hello everyone,This is my first time posting. I am finally starting my real estate venture, I live in PA. Here is my situation. I have a property in Atlanta, GA. I was supposed to have someone go down there and fix it...
David Smith
First Buy and Hold in Orlando
Hi All,I'm about to put in an offer on a 2bdr 2.5ba 1227sqf condo in Engelwood, Orlando.https://www.biggerpockets.com/...Facts and features:Price: 139kPrice per sqft: 113Est. Rent: 1300/month (real estate agent ran co...