Dan K.
Should I create my own contract company or hire other contractors for my flips
Hi BP Community:I debating on whether to start my own contracting company for my flipping business. I currently pay a seasoned contractor to be my project manager for my flips. He has a regular job but works for me ...
Djoye G.
FHA 1st buyer - Experienced 203k lender needed
Hi everybody!My husband and I are trying to buy the house we are currently living in. that will be our first purchase and we really don't know much about real estate so my apologies if the questions I am about to ask ...
David Soest
How much will it cost?
I'm trying to figure out the total cost of a renovation in the Midwest.On a house I'll sell for 150K, would these numbers be enough? Doing most of the work myself. Flooring, 1300 sq. feet, $4,000.00Baths, (2) $4,000....
Bryan T.
Should you tell agents how much cash you have on hand to buy ?
Should you always tell agents how much cash you have on hand to buy investment properties? Let's say you have 500k cash on hand, should you tell agents and wholesalers this upfront so they know that you are serious an...
William Stinson
Employee approached me about doing a secured promissory note
I recently had one of my 1099 employees approach me about helping him deal with some back taxes that have come to a head and he is running out of options. He owes $60,000 to the IRS from 2004 taxes and he has asked me...
Kirsten Braddock
Strategy for buying 12 rental properties this year
Our goal for 2018 is to own 12 rental properties. We are newbie investors with 1 SFH under our belt. We have $27k in an IRA that we are using to help us kick off our purchases. The price range for the homes is around ...
Ryan Strickland
Ready to purchase our first deal!
Hello everyone,My Girlfriend and I are finally ready to purchase our first deal. I would love to get some opinions on the different approaches to this. Currently we have a home we own with a mortgage that is less than...
Caleb Graham
Buy Now or Wait? Managing Rental Properties After an Out-of-State Move
So I’m planning to move 1,000 miles away from my hometown in approximately two years. This move is a dream for both my fiancée and me, so it’s not something we'd reconsider. I’ve been actively making offers on duplexe...
Corey Slaughter
Target ROI for Rockwall and Royse City, TX?
I know that in different areas you can expect different returns in cashflow and appreciation. I'm wondering if anyone has some baselines or targets that they shoot for in Royse City and Rockwall, TX. Any input about t...
Tom Scott
Rehab Walk Through Form
Do any of you guys use a paper form to help on your walk through of a property? I have spreadsheets and things to calculate repair costs. What I am after is a form that lets you go from room to room noting dimensions ...