Jeremy Quilon
70% rule in flipping
Does the 70% rule always work out? What other rules are there in flipping?
Kyle Kreider
Hit a wall with financing methods, advice?
I'm looking to purchase a foreclosed home with needs for repairs less than 5,000.. have not had an inspector overview the home so just from what I've seen.. Really interested in getting advice which route should I tak...
Account Closed
costs and timelines for land development in LA
Hello all! I am helping my architect brother raise private funds from family to start developing vacant lots into new single family homes that he will designm. The target area is north eastern Los Angeles and its su...
Shawn Mcenteer
Mold issue
Hello,
I am looking to purchase a home that has tremendous mold damage in the basement. The basement is finished but took about 2 inches of water during hurricane Irene a year and a half ago. My questions are1) how...
Jay Smith
Tenant won’t pay Security deposit
Hello everyone, I have a 2 family home that I rent and in the one unit a family friend lives there.They moved in with no security deposit and keep making up excuses after excuses it’s been 5 years now still no SD. The...
Joshua Van Every
To waive inspection or not?
Hey guys, Yesterday I put my first offer in on a beautifully remodeled flip. Everything from the electrical, plumbing, roof, interior and exterior was brand new. I’m in Milwaukee and it was located in West Milwaukee/S...
Stephanie Yi
If you have 1m, where you would invest and how would you invest?
I often seen discussion in BP that the house price is too high, there will be next crash coming. I am curious what people would do if you have $1m available at this time? Will you hold cash to wait for downturn so you...
Hunter Preston
Tax Implications for BRRRR?
I'm curious what the differences are for tax implications for a straight flip vs. a BRRRR? My understanding is that any profits from a flip will be taxed at my personal current tax rate as income. However, if I'm refi...
Michael D Newcomer
Average cost of buying large 10 to 20 units
I have a few investors more then I originally intended....great problem to have... now the question is how to spend the money to bring a good ROI for my investors and still make a profit myself? I am looking for an an...
Ben Watkins
Multi-Family funding & partnership
Hey everyone! Got a quick question on best practices for a deal I’m working on...My business partner and I are listing our first SFH flip next week, just closed on a quadplex, and have another 6 units under contract t...