
16 September 2024 | 40 replies
I've read the book "investing in real estate with no (and low) money down" and have been trying to find multifamily residential deals where the seller is willing to do a vendor takeback.
16 September 2024 | 13 replies
If they are under paying then I would try to find a win/win where they pay but you handle the vendor relations.

17 September 2024 | 22 replies
I don't agree with the fee comment - certainly that can be an element of a scammy lender but there are certainly lenders that do require some upfront fees and other vendor/pass-through fees in addition to the appraisal.

13 September 2024 | 7 replies
Make sure they provide all relevant financial data, vendor contracts, and other important documentation for the properties.

14 September 2024 | 32 replies
.#2 Repair Management, tracking expenses, following up with outstanding work orders, ensuring work completed with photos by vendors, notifying owners when there is a repair request by the tenant and track the time it takes from work order to completion, track the amount of repairs to a home at end of year so owner can see those expenses and try to get them on service contracts and off home warranties.

13 September 2024 | 1 reply
This can reduce labor costs, but be mindful of the time commitment.Leverage Economies of Scale: If you're working on multiple flips or rehabs, bundling similar tasks or projects together can help reduce costs by hiring one contractor or vendor for multiple jobs.Prioritize High-Impact Repairs: Focus on renovations that add the most value, such as kitchen or bathroom upgrades, while avoiding over-improving areas that won't significantly increase the property's resale value.By combining these strategies, you can manage rising costs while maximizing your potential returns on fix-and-flip projects.Kind regards,

13 September 2024 | 3 replies
We have the vendors all lined up ready to come in and fix stuff next week and it's nothing that can't be done within 1-2 weeks, even if our own DIY things.

14 September 2024 | 12 replies
You will need to get to know your property source, their team, their vendor partners and the city as a whole.

11 September 2024 | 6 replies
@Neera Melwani Additional insured is typically the process by which a vendor who performs services adds you to their insurance policy.

13 September 2024 | 20 replies
You're dumb money from out of town to a lot of local vendors.3.