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23 December 2024 | 7 replies
Easier to predict expenses - typically no major repairs unless from association3.
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21 December 2024 | 12 replies
I have many flippers coming to me, asking for assistance to come save their projects.
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30 December 2024 | 20 replies
Hi Chris from the U.P. of Michigan.Congratulations on deciding to get into real estate investing with your first Buy, Rehab, Rent, Re-finance, and Repeat or BRRRR and you are wondering where to start and who you should add to your team first.It is good you have cash or cash equivalents to buy the property and complete the repairs.As far as who to have on your team first, I would say an investor friendly Realtor who can help you find deals and introduce you to the rest of the team like a good property inspector to hopefully let you know about potentially expensive repairs early before buying the property so you can buy it well or not buy it at all.
15 December 2024 | 5 replies
Realized leasing to a new tenant can take 5-10 hours easily. This can easily be done by AI. Does anyone have any recommendations or something they can refer me to. Otherwise I would just design an app myself lol.
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18 December 2024 | 5 replies
@William Burns let us know if we can assist further:)
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31 December 2024 | 66 replies
I was surprised to learn that even they, with all of their resources, maintain a limited rolodex of GC's to whom they turn for repair work.
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21 December 2024 | 8 replies
Feel free to reach out for assistance!
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3 January 2025 | 45 replies
Every deal is different, and every person is looking for different marginsAfter Repair Value (ARV) - Rehab Costs - Purchase Price - Fees (holding costs, closing costs, selling fees) = Net Profit (before taxes).Are you ok with the net profit based on how long it's gonna take from start to closing?
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23 December 2024 | 15 replies
I buy/cash flow day 1 and let the tenants make the cosmetic repairs.
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25 December 2024 | 12 replies
They will try to run 2 kitchens and that can mean clogged drains in your wet bar kitchen.Be sure there is personal recourse when you need to sue them for $40k in repairs above the deposit.