Frank Ponticelli
Flippers/Lien Waivers in the Chicago: How to make life easier?
30 November 2016 | 6 replies
Here are few tips on how to avoid this problem on your flips:1) Create a file folder for you flip (both electronically and in paper form), so you get and maintain the proper documents stated below.2) Draft a summary general contractor (if you are the GC) plan or have your GC prepare a plan on what work will be done before you start it.3) Identify and create a list of all subcontractors that will be used.4) Identify all materials that will be needed or used for your flip.5) Prepare all lien waivers for all subcontractor and materials either before the process starts (this is ambitious - but is a great idea) or at the time of paying your subcontractors. 6) Lastly, get all lien waivers to your attorney prior to the actual closing.
Ben D.
Sell or rent trailer house
17 May 2016 | 15 replies
I do as a few above too; some 18 MHs on their own land, rent to own, seller finance after 12 months (long term cap gain), using an LMLO.Too much Dodd Frank tipping here for me
Yenlan Patton
UPDATE ; The Tenant out..Left infestation fleas the whole house
15 May 2016 | 17 replies
@Astrid Cuas Thank you for the tip, definitely will try.
Christopher Perez
New member from Staten Island, NY
18 May 2016 | 8 replies
Any tips on getting started in the Staten Island market in 2016?
Aaron Gould
House Hacker just starting out
14 May 2016 | 5 replies
Any left-field tips for a beginner you're dying to share?
Hannah Sargent
Needing any tips and advice to get started!
13 May 2016 | 0 replies
I am looking for any tips or advice anyone can give.
Khamal Davis
Best Ways to market
13 May 2016 | 0 replies
I currently had the idea of bandit signs, but I also wanted to know if you had any other tips to share.
James Beam
1% Rule in Louisille Kentucky? How possible and where?
16 May 2016 | 14 replies
Anyone with some tips on areas and perhaps where they have been able to hit on the 1%-2% rule of thumb on rent.
Keni Etienne
Wholesaling
11 September 2016 | 1 reply
Hi @Keni Etienne, Not sure if you found your answer, but here's a blog on it - https://www.biggerpockets.com/renewsblog/2010/07/03/wholesale-tips-you-can-wholesale-reos/.