This was my second 203k renovation, but first foreclosure purchased through a HUBZU auction. Won her for $93k. With the 203k renovations, the loan was about $107k. Lucked out by getting a new water heater for free ...
Hello Family!
I inherited a property that have extreme floor damage due to busted pipes from a winter storm. I'm not sure the total cost of the damage, but I'm sure I will need new plumbing and new floors. I intent t...
Walk Through Pre-RehabA family friends parents inherited this place twenty years ago and since it was in such a bad neighborhood (at that time), they just shut the door and paid the taxes for 20 years. They started ge...
So I intend to put an SFH under contract this morning. I went and viewed the property yesterday which has every plus you could imagine. It's priced 30 grand under any other property for sale in the neighborhood. it's ...
Hey BP Family !!
I understand how to find the Noi, cap rate, price per door, and purchase price for multifamily. Where I'm getting stumped is knowing how much appreciation you forced from increasing rents and decre...
Hey guys,I am completely new to REI. I am 28 and live in the US on a work visa.To gain financial freedom, I set out a goal have financial freedom by the age of 33 by having US$4K per month of passive income (post taxe...
I have managed to create a proprietary list of leads for my local investing area. The problem is that my massive list contains about 22k vacant properties, which I wont do anything with.
At least one local in...
Hi, looking at an article I saw on BP, if a house was built in 1902 I would est $1 per sf for every year old for rehab. That would make this estimate, for a house just under 900 sf, about $90,000 to rehab? Is this ...
Hi All,I JUST UPGRADED TO PRO!!!!I am a first time investor. I want to practice and analyze rental properties using the BP calculator. My goal is I want to master (or at least practice) analyzing duplexes so many time...
My name is Wayne, I am new to RE investing. I am hearing a lot about the 70% rule. How often is this rule used and what success have you achieved using it? Please advise.