David Noskiewicz
Commercial Deal Analysis Question.
I am looking for my first commercial deal at the moment, I have all my "ducks in a row", however I realized that obtaining financials (T12, Income and expense, Rent Roll, Accounts receivable/payable,) and I always get...
Ana Karina Salazar
First wholesale/possible rental..help?
Hi, so a gentleman who is in the process of divorce is looking to get rid of his house. Nothing wrong typical 3bd 2 bath single garage and big back yard. The divorce is in effect and he works 6 hours from home just wa...
Chad Olson
My first house flip in Ottawa IL
Investment Info:
Single-family residence fix & flip investment in Ottawa.
Purchase price: $40,000
Cash invested: $72,500
Sale price: $102,500
My first flip with my dad. Came with an extra lo...
Chad Olson
My first house flip in Ottawa IL
Investment Info:
Single-family residence fix & flip investment in Ottawa.
Purchase price: $40,000
Cash invested: $72,500
Sale price: $102,500
My first flip with my dad. Came with an extra lo...
Bryan Conwell
Disagreement with partner
Hello all! This morning I ran into an issue with my partner. He seems to think it is acceptable to tell a potential buyer that I cant place an ARV on a property. My counter is that there is always and ARV and should...
John Baker
Full Gut Renovation
Hello Everyone, I’d love everyone’s input on the step by step process.I’m currently gutting a SFH In philadelphia and I was thinking of doing the process this way:2)Frame3)plumbing and then electric 4)bathroom work/ t...
Brandon Coleman
What is the cost of interior demolition?
I just bought a 600 square foot property and I got a quote for $8500 to completely gut the interior and basement (Plaster walls/ceilings, cabinets, bathroom, trim, some carpet, and a few rotten walls, bathroom, and dr...
Jose Romero
Creating LLC for Rental
Hey BP,I've read a bunch of posts, and listened to a few podcasts relating to whether or not you should form an LLC for a property. There are arguments on both sides, and I'm still leaning towards creating one. I gu...
Julio Velazquez
How to determine rehab cost ( prior to seeing it in person )
Hello BP,So I have a few questions, I’m trying to analyze deals just to get a better understanding of how to do it so I can feel more confident when I’m going into my first deal..Now I understand that when you’re flip...
Ryan Monty
Illegal vs. non-conforming unit: differences in uses & Airbnb?
This is a few related questions in one:First, I want to check if my understanding on the differences here is correct?Illegal unit = you can't rent this unit. I mean, you *can* rent it, but if the City is ever alerted...