James Wierzba
Is an expensive market an exception to the cash flow rule?
18 September 2018 | 7 replies
A few grand in value add in a good market will add tens of thousands to your equity so consider that, too.If I was new, cf would be paramount and I'd have to explore tertiary or OOS markets.
Terry Madden
Friendly Advice Needed
19 September 2018 | 29 replies
You need to contact local contractors about professionally removing the asbestos and possibly dealing with a leaking oil tank.
Nick Hundertmark
Fleas in rental property!? Who is responsible
17 September 2018 | 2 replies
This is professional stuff against fleas and it's awesome.
Jathin Reddy
Tenant Buyer Targets in Los Angeles County
17 September 2018 | 1 reply
Hello,Since I live in a more expensive market, for doing lease options I would imagine I would need to target professionals such as doctors, lawyers, small business owners, management people, who either have issues with credit or are just getting started in their respective careers and little credit history.
Kevin Tacher
Clear Title VS. Marketable Title
18 September 2018 | 2 replies
I'm curious to know what they real estate professionals think Clear title vs.
Account Closed
Is Staging a rental ever recommended
17 September 2018 | 1 reply
If it is your rental home and you are struggling to get activity, consider staging and having professional pictures taken.
Mary Mathers
Dishonest Disclosures in TX and Advice for a Greenhorn (me) Plz
18 September 2018 | 8 replies
I was professional and polite but explained any attorney in the world would tell me not to sign it.
Josh Cox
Introduction - Josh Cox
20 September 2018 | 9 replies
Attend local REIA meetings and connect with like-minded investors: http://www.biggerpockets.com/meetRead the Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingListen to the BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/ We are exploring other markets.
Lesley Resnick
THIS FLIP WAS A HOME RUN!
9 October 2018 | 38 replies
For example, a quick "back of the napkin" conceptual estimate (WAG) suggests the following:Appliances (dishwasher, refrigerator, stove, hood): $3,500Kitchen sink, disposal and faucet: $500 (material only)Kitchen hardware: $200 (material only)Kitchen cabinet restoration: $3,000Kitchen countertop restoration: $1,500Plank flooring: $3.50/SF x 2,000 SF = $7,000 (material only)Electrical rehabilitation (including light fixtures): $4,000Plumbing rehabilitation (including toilets, faucets & shower): $3,000Bathroom tile (2 baths): $5,000 New roof: $10,000New siding: $6,000Paint (outside): $4,000Paint (inside): $5,000Staging: $1,650TOTAL: $54,350This estimate does not consider any cost associated with building permits or design professionals.
Robert Carney
Recommendations for a lawyer to set up our business structure
20 September 2018 | 4 replies
Personally, I like when someone's professional experience is informed or backed by investing experience.