Need to be sure you include the "unknown budget" and never take the optimistic approach as it is better to have money left at the end than writing more and more checks that were unplanned for.Again, if you can walk through an actual property and compare notes with someone that does it in your area (key factor), you will be way ahead of what a generic book can give you.

There's also disclosures in there that have to be included in your lease paperwork.

That said, the number of times I get on a call with a BP lead and realize they have already thoroughly researched me, including my past deals and content, is incredibly high.This goes to show that the value you put out there matters.

Our program offers a range of coverage levels, including basic or special form coverage and actual cash value (ACV) or replacement cost (RC) loss settlement methods.

To get started with fix and flips, first define your criteria, including location, property type, and budget.

After discussing their goals, we realized they would like to maximize the property's value while also including me in the process, given my background in general contracting.

I reviewed the SB9 legislation, and it states that properties occupied by a tenant in the last 3 years are excluded from SB9 but only if the project includes demolition or altering more than 25% of the exterior structural wall.

Your calculations should include utililies and repairs, legals, snow removal, etc.

Agreed- with a long term rental you can be very clear and upfront about all the nuances/quirks of the property and what is included because the transaction has far more direct communication.

FINCEN will administer this.Who is Included?