Josh Gardere
Is personal loan deductible if it’s used for house repairs?
One of my properties has been hit with some code violations since it’s a pretty old house. Approximately 50-70k will be needed to get it up to code. If I were to get a personal loan to pay for the these home repairs, ...
Kaushik Mahorker
First Rental Property - Needs Roof Replaced
Currently in the process of buying my first rental property, a duplex, in Akron, Ohio. Just got the inspection report back today and it looks like the roof is pretty worn and would need to be replaced in the short ter...
Corey Shields
Biggest Surprise?
Hello all. I'm a beginner who is almost feeling comfortable enough (educated/prepared) to take my first shot at a rehab. I would like to ask you all a question: think back to your first REI project. Although you proba...
Account Closed
Thinking about going back to school...
So I have a good career as a nurse, I’m on schedule to make about $100k this year but I know this isn’t what I want to do for the rest of my life. I want to buy and hold properties and become financially independent e...
Jonathan Beaumont
Renovation for one bedroom
What is the average total cost for renovating a 750 square foot one-bedroom co-op in New Rochelle, NY? I want to have the following completed.
1. All the walls fixed and painted. (The walls have minor holes where she...
Marcin Ferenc
Contractor/Subs raising prices
What do you guys do when your contractors or subs up their prices per hour or per job for an exactly same type of work. Do you question them and try to get them back down, bite the bullet and pay if they do a good job...
Philip Mullinax
Tenant Repair Overdue
Hey guys,I have a tenant I had to replace a toilet for at the beginning of the month due to their child flushing a number of toys down the toilet. I paid the plumber directly with the understanding the tenant would b...
Euan Arcia
San Diego Flip - Bonita
Just closed escrow on our latest flip in Bonita, CA. Purchased the property for $488k. It was a 3 bedroom, 2.5 bath w/ 1772 sq ft. We loved the floorplan and how it was a single story SFR which is very desirable in th...
Joe Stafford
Completed my second rehab! (before and After and Details)
Hey everyone! I have not been on here for a while due to this HUGE project! It is finally completed! This one...
Logan Turner
Who pays for painting materials?
Quick question for everyone. My contractor gave me labor quotes, and I am purchasing the material list for work to be completed. The painter has added items such as graco pump armor and gracO spray tips (for his paint...