Background: My first deal and it's been a bear to say the least. The deal itself was solid, but the business partner has been a pure headache. This deal has been a massive lesson (among countless others) for perfor...
Hi, recently came across a bid for office renovation. Contractors seems like a nice guy but following items in bid doesn't make any sense-Project Management - 4275 $-Coordination with trades - 2250 $- Foreman - 1775 $...
If you haven't heard already, the federal reserve raised rates yesterday by 25 basis points & they are projecting to do 3 more rate increases in 2017. If you're an investor with a HELOC out, this is the time to ro...
For those of you fans of leverage or using the bank's money...here's a provocative blog post: Why It's Not Necessarily Smart to Pay off Your Investment MortgageWhat do you think @Brandon Turner , @Ben Leybovich and ot...
I found an elderly man who says he needs to sell his property for cash to pay his mother's mortgages. The after repaired value (ARV) is 53,000. And 70 perecnt of that is 37,100. I think it might need 5K or 6K repairs....
Hey BP, I'm out in Chandler, AZ (a city just outside of Phoenix, AZ) and I'm under contract for a new build townhome. I paid my deposit and locked in my price back in February of this year. The estimated completion da...
In my name I have some investment properties which are from 4Bed/2Ba SFH to Duplex and all of them are rental property, the coverage is replacement value and the highest property insurance among these are $735. Now...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $89,000
Cash invested: $160,000
Sale price: $335,000
Purchased this house at auction in March 2018 for $89,000 ...
I just had a house come across my plate and I'm a first time investor. It is on the market for 59,500 and needs some work. I haven't seen it yet in person, but the house next door was recently renovated and sold for 1...
I recently went under contract for my first rental property in Ohio. I had gone through the due diligence of getting an inspection and there were a significant number of repairs. I wanted to get a full estimate of the...