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Hello, I am currently in the prices of closing on a fixer upper in the St.Louis,MO area.The home is approximately 2 story 950 sf and currently has knob and tube wiring throughout.I spoke to a electrician who said he ...
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Recently, I have been trying to take out a loan for investing in fix-n-flip and I came across Sprout financial and they are offering me $70,000 with no collateral and no interest with fees of $6500. Has anyone used th...
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Am I a wussy for thinking turnkey for my first real estate investor? Be honest I can take it. 😊ThanksTony V
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My local market is very expensive and out of my price range for investment, so I've been investing in other markets. I bought my first two investment properties in Phoenix AZ two years ago. Both needed only minor wo...
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Hi investors,My first tenant moved out after 7 years and it is costing me $7-8k to fix! What's your average move-out reno cost? And how many years of cash flow is it wiping out? This is my first move-out and I"m fi...
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I always see posts from investors asking about the cost of a rehab, a particular estimate or a general construction problem. I have 20 years of construction experience. From remodels, ground up, all the way to develop...
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Hi, does anyone have any experience with the new Accessory Dwelling Unit (ADU) plan in Los Angeles? If yes what happened and how did you do it?Thanks much in advance.
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As a property manager I'm familiar with many trends in fees/revenue generating practices that property managers charge. Some of these practices do not align the property manager and property owner's interest. For exam...
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Savvy real estate investors often like to buy properties that have problems, which can help us snag a great deal. However... not all problems are good. What are some examples of "problem properties" you would never w...
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I currently have a property that I had listed for rent for $1550. I haven’t had much luck within a couple days, as I’m used to with my other listings, so reduced it to $1495. It’s been at $1495 for about a week now. I...