Hey Everyone,I came across a cash flowing multi after getting all the numbers from the seller. The seller currently pays for water, and heat, but charges pretty solid rents of $1200, $1050, and 950. for the area. Heat...

My goal is to be, in the words of Ron LeGrand, a "Transaction Engineer", and make money on whatever comes my way.Anyway, keep studying and make sure you do at least one thing everyday to get closer to your goal!

Protecting the contractor in a way that, if they follow their contract and specifications and do what they are contracted to do, they are not not responsible for design/engineering failure.

@Sean Tagge Sure, I'll give the address:8390 Burning Tree Ln Memphis, TN 38125.  

Only just joined and have a burning question (more to follow I'm sure) - So I went for loan on a property which I have under contract (my first) & I found out that this bank I'm applying to is the original loaner on that property.

I've seen to many people try to DIY plumbing and get burned a few weeks later when they forgot to do something like re-wrap the pipes in cold climates...

Time is money in flipping, and if you are spending time assembling your team during a flip you are also burning money. 

I'm in the process of having the structural engineer look at the plans to see if we can raise that roof on the garage attic room, take out some of the walls downstairs, etc.

The investors who crash and burn are the ones who can't afford to hold a property because they can't make the payments.

Talk to the fire department about doing a practice burn to lessen your haul-off expenses.