Wes S.
Nickel & Dimed to death - Spending Habits
Building up a nice portfolio but feel like I'm being nickel and dimed to death!
I take pride in my properties...I want them to look nice, be safe and efficient which translates into good tenants and less headaches. ...
Tim J
How to determine building value for depreciation
I'm in a bit of a quandary at the moment. I purchased a property in pretty bad shape for about $1 million last year and spent about $500,000 on what ended up being a MAJOR rehab project. The city assessed the value ...
Parker T.
Insure Rental at Replacement Cost
All,
I'm putting a bid on a foreclosure today at 30k. The insurance company quoted the replacement cost at 160k and with everything else factored in a quote of $94/m. This seems extremely high and doesn't fit...
Eric A.
Americans are taking out the largest mortgages on record
Article on Market-Watch:
https://www-marketwatch-com.cdn.ampproject.org/c/www.marketwatch.com/amp/story/guid/E5127276-1A17-11E7-8755-9AB7B5C1C318
Spoiler alert:
- According to the mortgage bankers association, the a...
Joshua Lira
How do house flippers acquire money to finance renovations
I have a question concerning house flipping. I know most use hard money lenders & private lenders to acquire the property but how do they finance the renovation? Do they borrow more than what the purchase price of...
Sam Gad
Is this safe?
Hello!Recently purchased multi-family and was told by the inspector that the landing structure at the steps isn't attached well to the house and it must be properly secured to the structure to prevent collapse. Not su...
Zach Hicks
Property Management Company Criteria
For those who use a property management company, what criteria do you look for in a potential PM company?
Doug P.
Estimating Rehab Cost Per SQFT
Reading the book Flip they have a rule of thumb chart for quickly estimating the cost per SQFT of rehabbing or remodeling a home.
Here is how they chart it.
Standard finish rehab - $15
Designer finish rehab - $18
S...
María Salas
Do all investors use “and or assign” in purchase contracts?
Do all investors use the “and or assign” in their purchasing contracts? As an investor I think having this clause in the purchasing agreement gives you the extra strategy to assign your rights of buying to another inv...
Eric Phillips
Avoid capital gains/reinvest?
Greetings folks,I may be taking a job in the Spokane area which means my California home will be sold. I owe $220k and Im very sure that I could sell it for close to $600k. Im trying to figure out a way to avoid cap...