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Considering a property purchase of $50,000, needing a complete overhaul. ARV $234,000. Estimated repairs $110,000 how much should I include for contingencies?
Hey Everyone,I wanted to discuss rehab. It's a major part of RE investing and it is something every investor needs to be familiar with. You always want to know at least a general knowledge of each part of investing so...
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Hello investing friends! My very first "flip" went live on MLS today. What a great learning experience and it was definitely very different than what I've seen on HGTV. :) Nonetheless I LOVED the process.Before/after ...
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Hey BP, I'm doubting my numbers right now because the whole first deal thing. I've ran them tons of times and I want to make sure that they're right. Can someone please give me some notes? Thank you!!Property Info:Pur...
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What would you recommend as the Top 3 Rehab Cost Calculators to be used in the Chicagoland and Suburban area? I'm trying a few different calculators with huge swings in the numbers. I have a manual sheet I use which c...
I work as the acquisitions guy for several flippers/rehabbers and I am looking for a more professional tool to help develop rough rehab budgets. I have created a simple excel template that I update with what is needed...
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Hi, I have a duplex in Milwaukee that I am looking to have a porch rebuilt. No change in dimensions or location just rebuilt. Does anyone have any recommendations for a good carpenter that is Licensed by both the City...
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There's a property I've had my eye on in my neighborhood in Southern California that's been on the market for a little while. It hasn't sold in at least the two months I've been watching it. I'm in a pretty competitiv...
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Hey Everyone!I recently came across a property that I would like to purchase as my first property but I am having trouble finding the "working number" (aka the number that makes the property a positive purchase). I am...
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I think I found my first property to purchase in an up and coming neighborhood in Chattanooga, TN. Its a cinder block shell at the moment though and will need everything shy of a new roof. We're going to meet with a G...