I've got several properties with the unique advantage of having my father, a 20 year veteran in the property management business, manage them . He works for a property management company that I pay a 10% management fe...
I will be a passive investor who will finance the flip and my partner will do all the work and we will split profits according to our agreement.My preferable way would be to buy it in the name of the LLC I own 100%, m...
I am a full time real estate agent transitioning to investment and flipping. Currently sell 50 plus homes a year and have flipped half a dozen. Looking for coach to help me source deals and systematize business to d...
We are in the process of setting up better systems to run our rehabs. Curious about how
do you rehabbers write up your scope of work amd material lists for your own crews or subs.
Do you walk through the house with ...
Hi all! I'll try to keep this short. We have had an STR for just under one year, but we have not qualified (per our accountant) for the STR loophole so we have not cost-seg'd it. I keep hearing how people are cost ...
Hi folks,Does anyone have a cheat sheet (list) of activities that qualify for REPS? We just have one investment property today (looking to add two more this year). Jason
I am not sure this is the right forum. It's not a question about rehabbing or flipping but is a construction question on my raw land-to-be-rental property. Please let me know if there is a better place to post this qu...
I found a contractor I like to rehab a house I bought. Is it best for the investor to always purchase the material? I am assuming the answer is "yes" to get credit card points and prevent a contractor from charging a ...
Hey everyone!
I'm diving headfirst into property development here in Chicago, and honestly, I could use a little help from the community.
Here's what's on my mind as I kick off this journey:
Finding the Right Deal:...
Hi all! I'm an interior designer, own my own business and am just beginning the process of REI with a partner. Our plan is to buy and remodel but then sell and use 1031 exchange to purchase better properties, with an ...