Isidro Alcantar
Where to find wholesalers
7 January 2019 | 0 replies
Wanted to introduce myself ...my name is Isidro...i am from California, i recently got offered an opportunity to get into the real estate investing by my landlord...he has been doing this for about 15-20 years and offered me to work with him...basically i find/generate him leads...he puts 100% of his money, we buy homes cash, if i work on rehabbing he will pay me an hourly rate, and in the end he gives me 40% of the profits...sounds like a fair deal to me since i have 0 liability, i am not using my own money and he is an experinced investor.
Dennis Powers
why invest in a deal if there is no value add?
14 January 2019 | 9 replies
Basically you need investors who have a lot of cash parked in a money market and aren't sure what to do with it --- the stock market is volatile but they know their savings are losing value every month because of inflation.
Michael Feld
How to determine a rough rehab estimate on a property
9 January 2019 | 2 replies
In regards to learning how to determine what needs to be done, any advice on turning to online courses to learn the basics?
Paul Stewart
Tenant is dirty but Pays on time
12 January 2019 | 48 replies
You are in a situation that comes down to making a basic business decision.
Jonathan Satizabal
Estimating Rehab Costs
8 January 2019 | 2 replies
The $5k to $10k difference is basically your GC's overhead and profit to manage the project and make it worth their time.Here's what I would expect to pay if I managed it myself:KitchenCabinets Material: ~$4k or lessCabinet Install: ~$1kGranite Countertops: $1.5 to $2kSink & Kitchen Faucet, Disposal, DW & Ref Hookup $500Appliances $2kFlooring (200 sf x $6/sf) = $1,200Electrical/Lighting = $500?
Ashley Hughes
Help! I keep getting outbidding. What am I doing wrong?
17 July 2019 | 7 replies
It's basically if there's something major discovered in inspection (and found during inspection period) you can just walk away.
Andrea Cole
We're FINALLY live people!
10 January 2019 | 23 replies
I used a MS program called Visio - it's a VERY basic cad-like program.
Garry McMichael
Great Tools Other Than MLS
9 January 2019 | 2 replies
Realtor.com, Trulia, and Zillow also work for basic searching, although I've found Zillow doesn't always have the newest information.
Tiffany Reguera
[Calc Review] Help me analyze this deal
9 January 2019 | 2 replies
Ideally you want a property that, if you put $0 down still had a positive cashflow, otherwise you are basically just buying cashflow with your downpayment.
Will Dougherty
Buying a house from a parent or selling a house to your kids
9 January 2019 | 2 replies
We are also working on seller financing for part of the cost to lessen the amount needed to hit 20% as we don’t think it makes sense to pay PMI here. basically thinking ill make monthly payments to them over the next 2 years.