Matthew Haussmann
Average wholesaling markup
I am looking at a property being sold through a wholesaler. Technology being what it is, I was able to find the owner of the house and the actual contract that was signed between the owner and the wholesaler. Her...
Matt Gilroy
Creative financing or impossible to do financing?
Hello BP!I might be a bit ahead of myself but I thought I'd check here and see!I recently came across an older landlord who has several duplexes, SFR and 6-8 unit buildings. He was selling two duplexes next door to e...
Louis Van Der Westhuizen
When should you start looking for a contractor
Hello BP and Happy 2019. This may seem obvious, but as a new REI interested in flipping (have no deals at present and no team yet) when should I start looking for a good contractor? I assume I wait until I have a prop...
Rob MacSwan
Should I sell or rent my house? Thanks!
Ok so here are numbers. Feel like I should sell but want to make it work. My argument would be with a smaller loan balance I might lose a couple hundred a month for a few years until mortgage is paid off. Once the hou...
Kathy Sun
Newbie from SF / California Bay Area
Hi Everyone!I'm Kathy -- I work in tech in SF as a software engineer making mobile apps. I don't own anything myself but I've always loved real estate (since my parents dragged me around looking a open houses when I w...
Dakota Rice
Flood issues right before closing
I’m two days from closing on my first rental property and I just found out that the property’s basement flooded for the second time in the last week. The property is an over/under duplex, and we have had excessive amo...
Frank S.
Construction Cost Estimates in Chicago
Hi BPs, I'm looking for feedback, please. This is for a property I saw a few weeks ago, I'm trying to check my guesstimates.What would the approximate cost be to replace an entire flat roof in Chicago? Assume a typi...
Marie Fleming
Why when people think hard money they thinks bail out?
Being a Commercial/ Hard money lender has proven to have had its share of difficult times. Like many people one of my biggest objections has been educating clients on what is acceptable in hard money. Yes hard money ...
Julio Vasquez
Leads for contractors
Not sure if this is the right are to post this, but here it goes: Im a Realtor and wholesaler, and...I will be partnering with a contractor and soon we are going to start a company to rehab Kitchens and Baths, and a ...
Jon Rylander
I need help running numbers on this duplex.
Hey BP, Need a little help hereLet me know what you think of my numbers. Am i leaving anything out and would you guys go for this deal or turn it down and why?I have a duplex under contract in East St. Paul MN that I...