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3 May 2022 | 4 replies
Inspection period is over and we are on our way to closing this awesome flip $125k over asking, $175k over the original ARV and just over 4 months from start to finish.Original purchase $475kRehab around $135kContract price $900kNot a simple flip with no stress or hiccups, but partners are happy, contractors got paid, and the neighborhood is ecstatic to have the house cleaned up and raising their values.
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4 May 2022 | 6 replies
Also, I “stress test” each deal to make sure that the mortgage can still be paid and we don’t lose money on the deal even if current interest rates increase by 100-200 basis points (1-2%).
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2 May 2022 | 1 reply
I'm pretty stressed out and I don't know what to do.... do I keep waiting for the payment or do I begin eviction?
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3 May 2022 | 18 replies
Again, loans are often needed to buy properties, so having a W-2 will only help you grow faster and be able to get out of the job sooner, while also not struggling and stressing each month.
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9 May 2022 | 15 replies
I am a very strong person of character and I always keep control of my emotions, but the stress of not knowing how and where to start, they have sent me to places that I did not know about myself, and sometimes it only takes the right people with a good heart and the right place to start a new chapter in your life, thank you.
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3 May 2022 | 8 replies
Yeah lol you're on the right track then trust me, haha just don't stress time and patience are key right now for you.
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9 May 2022 | 3 replies
But, extremely stressful and aged me 10 years!
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5 June 2022 | 11 replies
After a week of negotiating, sleepless nights and lots of stress, we started making progress.
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3 May 2022 | 0 replies
Fellow BiggerPockets Friends, This post is not a question for help or advice needed. its to share a great experience i recently had after struggling and stressing about the rehabs I've worked with and i am sure and hope that fellow rehabbers and contractors will find this helpful as well. after completing a couple of rehab projects in which most were delayed or were stressful enough and even the once that i had hired a contractor to do, i was introduced to THEROOMSTOCK.COM . doing a rehab we try to budget each dollar to get the most of our money's invested so we eliminate certain expenses that we can try to do on our own like a home designer and general contractors some times. however, on my recent project i figured i will give this a shot and my experience was beyond expectations. i actually used 1 of the designs for the bathrooms and took some other ideas for the kitchen and flooring, the order arrived in less than 2 weeks in perfect shape, professionally and reliable. the even greater part about this is, that i got the options to purchase the tools that is needed for installation as well, like, i got a list of the material i will need for the installation. i know prices and it was super compatible to the local stores. i think this is a genius idea and we all can benefit from this. i hope this helps.
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10 August 2022 | 9 replies
But here’s what I do: drive for dollars and cold calling, (gonna start doing door knocks) I’m doing property on market (MLS) it is less stressful and u just set the type of property you want and when one hit the market you get a Notification.