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Results (10,000+)
Wendy Abraham Hard money lenders who have you used?
11 December 2024 | 12 replies
Depends on really what you are looking for:-Speed - some HMLS can go "no appraisal" so can close very quickly and beat cash offers if you are in a competitive market to buy-Interest Rates - can range anywhere from around 8% to 13% (same with "points") but not usually as huge of a concern for flippers since the terms are so short-Leverage - depending on your risk appetite / capital - this is also a top concern for some (almost always over and above rates/fees) can see anywhere from around 80% LTC to even mid 90s LTC (including 100% of rehab budget)
Amit B. Leak from bathroom upstairs, tenant denies overflowing tub
10 December 2024 | 2 replies
The plumber’s report indicates that the leak may have been caused by an overflowing tub or sink upstairs, but the tenant in that bedroom denies any such incident.As a result, I now have substantial expenses for the plumber and restoration company, including drywall repairs, painting, texturing, and reinstalling electricals.
Jack Bliss Has anyone done the FlipAnythingUSA course/mentorship?
9 December 2024 | 1 reply
For probably $100 you can get many books, including J. 
Wiley Underwood Cost-Segregation Study Recommendation?
10 December 2024 | 11 replies
If all else fails, 😀 ReSure's got extensive resources on all these subjects in our educational platform (which actually includes some plagiarizing from Michael!
Burt L. City Right of Way Agent Greatly Misrepresented Project To Gain Construction Access
9 December 2024 | 9 replies
When I received the Construction Agreement they want me to sign, none of this is included.
Ben Sturgill Financial tracking software or spreadsheet
7 December 2024 | 6 replies
This could include keeping track of the construction holdback.  
James Kerson Tell Me Why My Discount Brokerage Idea Is Bad: Calling All Agents
10 December 2024 | 100 replies
It would not be a terribly profitable industry, and a few large players (hopefully including my NewCo) would dominate the space.
Gerald Koonce Private Lending from Family Member
9 December 2024 | 2 replies
Use a promissory note drafted by an attorney to outline loan terms, including an interest rate that aligns with IRS Applicable Federal Rates to avoid gift tax issues.
Maria Jeanette Hello BiggerPockets! New PRO here
9 December 2024 | 16 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
Eric Chappell Has anyone use Rental Hero for bookkeeping?
16 December 2024 | 35 replies
This did formulate a table of income and expenses and I had the option to include receipts I uploaded for those income and expense transactions.