Logan Rhea
Thoughts if this property flip Scope of work is too low
23 January 2025 | 5 replies
Fixtures and HardwareScope of Work:Replace all interior and exterior lighting fixturesUpdate door handles, cabinet pulls, and faucets to match modern designInstall ceiling fans in bedroomsEstimated Cost: $8,0006.
Erika Andersen
Advice on working with a home buyer's RE agent using an hourly rate?
23 January 2025 | 8 replies
For example we pay our own income taxes, broker splits and all of our other expenses directly out of what we make including required E&O insurance, MLS dues, licensing fees, Board of Realtor dues, continuing education costs, marketing, advertising, office fees/rent, transaction coordinator/ assistant fees, health insurance, car insurance and maintenance, gas, tires, software, retirement fund, etc.We are not W2 employees with payroll taxes already taken out of our paychecks, company-paid health insurance and matching retirement account plus a guarantee of at least 40 hours paid work per week, sick pay, paid vacation… none of that.So if you’re thinking you’ll be able to pay an hourly wage typical of a W2 hourly employee like $50-85/hr… that’s definitely not going to work.
Jason Sung
Water leak at a bathroom and insurance claim (Safeco)
15 January 2025 | 6 replies
Continuous flooring concerns generally apply more to wood flooring, where matching is harder and more expensive.
Will Greenlee
RentRedi Personal Experience - Do not recommend - Noticed BiggerPockets promotion
27 January 2025 | 0 replies
Bonus: So, eventually I had some tenants get on board that were older and not tech savvy so there was going to be no way to get the to use RentRedi anyways, so I decided to cancel.
Cole Starin
Six Unit Multi-Family BRRRR
24 January 2025 | 8 replies
At that time I'll attempt to structure a 10 year term unless I consider a shorter hold period in which I'll negotiate the lowest rate possible to fit a shorter term more closely matching my remaing hold timeline.
Troy Smith
CPA tax advice.
9 January 2025 | 11 replies
Depending on how you use the property, you may benefit from a cost segregation study and bonus depreciation once the property is in service.
Keyshawn Johnson
Moving to Destin, FL Soon – Looking to House Hack My First Property with VA Loan
25 January 2025 | 5 replies
AJ Dicarlo Rate (broker and will be able to match with multiple lenders instead of a smaller bank or network)
Dennis Knapp
how to figure repair costs and arv
15 January 2025 | 7 replies
Look at recently sold properties in the same neighborhood that match the size, condition, and style your property will have post-rehab.
Erick Pena
Advice Needed: Identifying "Good Deals" in Real Estate Investing
20 January 2025 | 14 replies
Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.You need to get a firm grasp on two things: the ways to make money with real estate, and how to find deals that match your goals.P.S.
William Nast
The big dream: Aspirations of a young man.
10 January 2025 | 6 replies
It also comes as a free bonus with the Momentum 2025 Summit, which starts in February.