Robert Murphy
Hello everyone.Im a new member from Connecticut
17 August 2014 | 35 replies
Looking forward to meeting up with a lot of you Thank You and God Bless
Patrick Philip
What are the most expensive parts of house flips?
23 September 2016 | 6 replies
The tile itself was inexpensive (sorry, I don't remember the per sf cost at the moment, but I can say that we went to a discount tile retailer for bathroom tile, and great small quantity closeouts were available for huge discounts (like way cheaper than home depot), and we used home depot 12x24 tile for the kitchen floor for a few hundred bucks).The other big expense would have been the roof, but we were able to leave that one alone (thank God!).
Eric Reichelt
Break even cash flow, why or why not?
23 October 2013 | 19 replies
[I have had a roof leak (insurance covered, but still need to pay deductible), AC stolen (insurance covered but still need to pay deductible), tree fall onto my tenants car (turns out to be an "Act of God" but still paid the gardener to cut down the tree), and a tenant trash my place during an eviction.]If I didn't have a positive cashflow on my properties and used it to build a healthy cushion, these situations would have been more stressful.It's also important to look at what are you including in your expenses to calculate the cashflow.
Tyra General
Best Subject To, Short Sales, & Private Lending Material
14 February 2008 | 3 replies
There are a lot of programs and materials and I would like to hear your opinions.Thanks and God Bless,Knowledge
Johnny L.
Every Contractor Is Treating Me As A Client And Not As Developer
1 March 2021 | 113 replies
Garden of the Gods, now that is a great subject and one of the most attractive, nature parks in the Nation.We should talk about this.Johnny, I would kick back for a couple months and reflect on the post you have been given by so many people with so much experience.Just chill for a moment and think out your dreams to build homes!
Nancy Jenkins
Own 2 SFH & Commerical property - but need help & ad
6 July 2007 | 0 replies
By the grace of God, I was able to keep up the mortgages on both, but I could not afford to finish the renovation.
Christine Glasner
A car smashed into our rental property!
29 April 2014 | 23 replies
Thanks god the bottom of the house was only used for storage and the tenats rented the apartment upstairs.
Robert Hastings
rental properties messing with my DTI
26 May 2020 | 18 replies
thank god we will be putting down at least 20% and have over a year of reserves.