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11 April 2024 | 31 replies
Another way to look at it is that material costs are similar everywhere.
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10 April 2024 | 20 replies
Two, we don't advertise ARV numbers or Rehab numbers on our marketing material.
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10 April 2024 | 12 replies
Our company wrote a blog series right here on BP about this topic, but if I copy the link here, we are flagged by moderators for "self-promotion"!
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11 April 2024 | 7 replies
I have discussed this with my contractor and he says that to go over it with vinyl is the best thing (the sellers have just painted it but it is crumbling in several areas) and that he has to wear a full respirator setup like he would for lead based paint abatement or other hazardous materials but just screwing into it doesn’t disturb it so much that it is too much of a problem.
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10 April 2024 | 7 replies
That being said, it might cost you a little more than subbing each trade out but you're likely to make up for that cost on the sale and the time you save by working within established relationships.If there are any major issues with the project you're looking to take on you'll want to take pictures if you can so you can send them in advance so any contractors can bring the necessary tools to assess the scope of work.Take a quick look at the materials you're going to need for the site either on Home Depot or Lowes or something similar so that you know roughly what the cost of materials is going to be.
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10 April 2024 | 3 replies
Ron's material is good but I'm not sure how much their "one on one" is these days.
10 April 2024 | 5 replies
-Self-promotion is not allowed in the BP forums, but any good investment lender who can answer these questions can help you.I'd greatly appreciate any recommendations or suggestions on how I could go about this process differently.- Your options are to either wait out the 12-month waiting period and refinance into an investment property loan using a conventional loan or look for a non-conventional loan.
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10 April 2024 | 4 replies
-I believe that I will need to self-manage the property through something like Airbnb/vacasa/vrbo in order to meet the “Material Participation” threshold?
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9 April 2024 | 10 replies
You still need to meet material participation requirements.REPS and material participation are annual tests.Keep in mind there are lose limitations even for REPS.
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9 April 2024 | 0 replies
With a promotion of Navy Federal will pay for closing cost and appraisal if needed.