Joseph Tuczak
Value Proposition - Converting a 4 unit building from B1-1 to RM 4.5
13 August 2024 | 2 replies
The retail (corner store) unit was converted to residential over 20 years ago.
Nate Bog
Give up my IT business and go full time into BRRRR?
13 August 2024 | 7 replies
Location: Central CaliforniaI also have an online store that brings in 150-200k NET per year and that’s what we live on and use to build a savings.
Omar Bortolato
Tax Liens and Tax Deeds. Tools and Calendar
17 August 2024 | 56 replies
For example, I can get up-to-date pictures of a property (with time stamp on it) for as low as 10$ in 24 hours, most of the time it is more expensive to grab your car and go there in person if you also count your time invested. there is a great book called "long-distance real estate investing" by David Green (you can find it in BP book store or on Amazon) which goes over a lot of those services and find solutions to long distancing investing.
Annie Seurer
Do kitchens & bathrooms need to be fully renovated & updated?
13 August 2024 | 13 replies
A couple of dollars at the dollar store for a cheapy milky white curtain prevents this.
Mauricio Duarte
QuickBooks for Flippers - Inventory vs COGS
15 August 2024 | 29 replies
@Mauricio Duarte I don't recommend using Expense screen to view all your expenses since that may not capture all transactions, ie. refund from store processed as deposit or journal entry.
Benton Williams
Ethics Question !
15 August 2024 | 34 replies
The local hardware stores and big box stores sell materials, they hire local workers.
Ken Allah
Can't Get In Contact With Owner
13 August 2024 | 3 replies
How they've been in the property for 2 months storing their dogs there with no rehab movement, while putting sweat equity into it, but haven't addressed the foundation or any rehab issues yet.
Eric Fernwood
May Las Vegas Rental Market Update
13 August 2024 | 3 replies
Stores, schools, all such developments are based on rooftop density in an area.
Kar Sun
Clauses in a contract
14 August 2024 | 12 replies
However, I use a local used appliance store and can have another appliance swapped in for the broken one within 1-3 days for $300.
Brandon Bell
Lots of equity and cash flow...what should I do?
12 August 2024 | 8 replies
But I have been looking into splitting the duplex into two condos (yes I know it is a lot of work) and I could probably get 325-350k for each, netting me 650-700k.Number:* Mortgage interest 2.5%* Mortgage principle 240k* PITI $2100/month* Rent 2200/month (current tenant on a two year lease)* Potential rent on my side $2400/month * 100k HELOC at 11% (fixed) (not currently being used)* est additional cost to split the dueplex 75-100k (conservative, probably less) *new siding 30k (just put on a new roof this year) *legal 10-15k *fire proofing 15k * 15-40k for stuff I am not aware of or underestimated on* some of the appreciation is external from the home *big grocery store put in 3min away * newly paved road in front of my house *a building that was falling down across the street has been torn down * Still a vacant lot with the foundation exposed and fencing around it (so more local improvements are on the way)Part of me wants to take the money and run but man I love that 2.5% interest rate and the $2000/month cash flow (including taxes and capx)I have thought about 1031 exchanging into more rentals, but I would like to pivot into storage units.