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Recently I have bought "The Book on Rental Property Investing," and there is a section discussing How to Make $1m in Rental Properties (pg 54) going through the plan. Year by year, Brandon Turner goes over the loan am...
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I am in the process of trying to purchase my first flip and am applying for a construction loan. The bank is requiring a description of what I will be doing and cost of the project.When rehabbing a house, do you calcu...
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I have a repair cost forecasting question:Is it possible for me (not a contractor) to have access to contractor prices for things like furnace, or electrical supplies? I recently worked with a trade contractor to rep...
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We use a GC and a crew for the flips that we renovate. We are looking at running multiple projects at a time and I wanted to see how you all balance your crew between the projects.
I have seen many posts of people w...
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Im located in Minnesota and looking to build a 4 plex. Can someone tell me an around about cost for a 3 bed 2 bath new construction 4 plex would cost? About 1200 sqft per unit.
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inShare0 Hello BP members, This past year I decided to pull the trigger on my real estate dream. I wanted to share my story to allow others to see the opportunities that are available in my area (South Texas) and to ...
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Hi, I have an LLC I can run income through, in years past I have never "paid" myself a management fee for self managing our rental properties as I had never wanted to pay the additional self employment tax. With t...
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Hello,My friend and I are planning to go 50-50 on a property, where ideally we'd like to split costs/profits right down the middle.Does this in any way complicate the 1031 exchange process, or would it just be 2 separ...
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Hi Guys, I was wondering what your thoughts are on "buying down the rate" vs keeping it slightly higher. My growing family is in a condo currently at 3.875%, refinancing us to 2.75% is in process. To "buy down the r...
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I’ve got a question for those of you that flip without rolling up your own sleeves, but dirst a little backgrou d. I’ve always been the kind of guy that does everything myself, and have alreadu done all the work requi...