Christopher R.
Ideas for Absentee Owner Direct Mail
Hi. I'm totally new to real estate investing but at least I have an affinity for it. But marketing? It actually scares me. I'm the type of person that will throw junk mail into the trash can without reading it. The ir...
Brandon Reed
Online Courses for RE License Exam Prep?
Hey BP!Has anyone taken an online course in preparation for their RE License Exam (as opposed to an in-person course)?My wife is looking at enrolling but she's not sure if it'd be enough to prepare her for the exam. S...
AJ Smith
How to Estimate Rehab costs?
Hi all,I realize this is a really detailed subject that's impossible to explain in 500 words, but does anyone have any tips on estimating rehab costs?I'll be scouting out properties for a BRRRR investor in Iowa, so I ...
Zach Whitt
How detailed should scope of work be?
How detailed should my scope of work be when I'm walking the house with a contractor? I had two contractors put together bids on Friday, but I did a poor job of prepping beforehand. My mistake. There was a lot of "Wel...
Chad Green
DIY Asbestos abatement in Los Angeles?
Perhaps this isn't the best place to post this question. If anyone has any suggestion of a better place, please let me know!Bought an older house in Los Angeles (City), started doing some light demo, then thought it'...
Timothy Brillant
Material Costs- Estimating
I haven't seem to come across this topic, unless I've missed it so I'm going to post it. I'm 20 and I'm just starting out in the rehab business. I have 6 going right now. I guess I should explain a little bit of backg...
Graham Nash
This is what my $23K seller financed SFR looks like after rehab.
I just completed the rehab on a 3/1.5 SFR that I purchased through seller financing. purchase price $23K10% down, 12 payments- based on a 5% interest rate, and amortized over 20 years. A balloon at the end of the 12...
Jerry Johnson
Contractor under bids his job and can't complete rehab. What 2 do
I got 3 bids on a property, i chose the middle bid, 4 to 6 weeks rehab on a flip. I paid 2 of 3 payments. Now contractor tells me he under bidded the Job. We are under contract.. what should i do?
Drew Sygit
A Logical Way to Understand & Monitor Your PMC's Maintenance Charges!
Maintenance is one of the biggest challenges, maybe even #1, in the Property Management industry.Seems maintenance is, Never Fast Enough for Tenants, or Cheap Enough for Owners!One of the biggest challenges for everyo...
David V.
For QBI - are 4 rental properties part of a combined business
When entering information on my Turbo Tax Premiere software I see a screen that asks the following: If this business shares common ownership and operates co-operatively with another business, you may want to report t...