Amy Zhang
How to split profit?
I am planning to invest in a property with 2 other persons. I will bring 42% of capital. Person A will bring 42% of capital and Person B will bring 16% of capital. Person A will also do all labor work i.e buying and r...
April Birdsong
Contractor asking for advance, for gas, etc
So this is my first rental property in the middle of rehab. I paid 1/2 of negotiated labor up front and have been purchasing/paying for materials myself. My contractor asked me for an advancement about 2 weeks ago, w...
Khaled Seirafi
Multiple Commercial Lease Commission & After Sale
So I have a vacant commercial space that's part of a mixed use building in San Mateo, CA. Would I be able to work out a deal with a listing agent that would allow me to pay the commission in multiple payments at the e...
Ouafae Fathi
Real Estate Passive Activity Losses
I am realtor. We bought a house last year as a rental property. My spouse earns more than 150k. When filling tax return turbo Tax staff told him he can not deduct the losses ( expenses and depreciation) snice his inco...
Lennie Holland
Finding sub-contractors
There is always discussion on finding contractors here, thought I would share my experience. I wanted to see the difference in quality vs pricing of contractors without being in a time constraint on my first flip. I n...
Colin Carey
Best Rehab Estimate Techniques
Hi Everyone! I'm just getting started in my real estate career and one area I want to improve on quickly, is rehab estimation costs as well as the added value from it. I am not a contractor by any means and I understa...
Alex Cotter
Newbie Question: Best strategy to sell this high end "tear down"
Hello,I am selling a property, that is a either a tear down or 100% renovation in a high end neighborhood. Here are the general stats: - Land Value: $1.3M - Property value: $250k - SQ Footage: 3500 - General price per...
Albert Kim
New to multifamily; Best, must do rehab for multifamily
Hello, I am new to real estate investing and close to closing my first deal on a multifamily property in the NJ, East Orange area. I am very curious as to the must have or 'should do' rehab to either increase value i...
Michael D.
Need some clarification on 203k loan
I see many houses for sale, that are stated as "Require 203k loan". I spoke with my mortgage broker and, I'm still not clear on the appraisal process. It seems to me that some of the numbers are based on the After Reh...
Cali Skier
Should I buy and rent a house from 1957? Lead Paint exists...
I am looking at a house from 1957 that has lead paint on the exterior that is under siding. It also has lead paint on the interior that has been painted over "several times and the trim was replaced" per the owner.I ...