George Foster
General Contractors
As a general contractor here in the Chicago area. I want my fellow investors to remember when hiring a general contractor, included in the costs of completing your project he/she will charge overhead and profit. So fo...
Justin S.
Unpermitted Work Completed
There is an REO I have under contract and still within my inspection period. I went down to city hall and discovered the additions on the home are unpermitted and violate setback rules. I cannot obtain variances sin...
Chris Policicchio
Is there a standard for prorating taxes? 2% default?
I'm closing on the sale of a flip tomorrow and the title company is telling me that my proration of school taxes is based on the 2% discount, even though I didn't pay the full amount OR pay early enough to receive the...
Kiersten Hegna
Is anyone finding good deals in Minneapolis?
We are just starting out and reading a lot about very inexpensive properties to flip. It doesn’t seem like there is anything worth buying in Minneapolis area that is affordable. Was just reading about purchasing in TX...
Kalp Mehta
BRRRR Strategy on Turnkey Properties (Condo, Townhouse, and Apartment)
Hello BPCan you use BRRRR Strategy on Turnkey Properties (Condo, Townhouse, and Apartment)?
Catina Yates
Business to lease SFH with 1 year lease
Hello, does anyone have any experience renting a SFH to a business? The company advised they would lease for a year and prepay rent for the year (requested a discount). They will have the same 4 individuals in the hou...
Michael Dorey
Buying foreclosure property from Fannie Mae
Have an opportunity to invest in a foreclosure. But I have a couple questions.List price is around 35000. It is Fannie Mae owned. Thinking of offering 25000 cash.Home needs only cosmetic work to make rentable. Any...
Conner Olsen
3 ways to increase revenue on medium-term rentals
I list one side of a duplex in North Austin on Airbnb as a medium term rental (30+ days). I found there are 3 ways to increase revenue on a medium-term rental:1. The most obvious one is increasing your nightly rate. I...
Joseph Niedermeyer
Building (literally) a rental portfolio
I’m in a unique situation. I’m seasoned in the construction industry and a general contractor license is in my not too distant future. My day job is building material sales (lumber, doors, windows, drywall, block, shi...
Greg P.
How to save on Materials?
Hello, I've heard of certain ways to save on materials for example buying gift cards on craigslist (even though this might be risky since scams), but I was wondering if anyone could share any other tips or tricks to s...