Matthew G.
Investor partnership contracts
I hooked up with a seasoned investor that has lots of experience flipping homes and I'm looking to do my first deal in southern California. In speaking with my mortgage broker he has a loan vehicle that will allow me ...
James Valice
Rental Property Utilizing An FHA Loan
In anticipation towards my first rental property aqusition, I have been vigorously educating myself on the topic as well as analyzing a couple of deals. When I analyze these rental properties, using an FHA loan in my ...
Randy Sinda
My 1st Driving for $'s (trial by fire style)
Fellow BP’ers,As a newb and taking the advice of all of the posts, blogs and podcast recommendations out there of not spending money on guru’s/training etc. and the mind set of just get out there and get some OJT I to...
Christopher Persaud
Quickbooks and Rehabbing
Hey guys,
I just closed on my first rehab today and I am looking to record all transactions made in relation to this property.
I heard that Quickbooks Pro is great for this purpose, so I am trying it ou...
Gustavo Panosso
FHA appraisal - house doesn't meet minimum requirements
Looking for some guidance -- I'm selling a house that I rehabbed. It has a detached garage and workshop that has some peeling paint. The first FHA inspector/appraiser did not make an issue of it. The second appraiser ...
Greg B.
Tracking down the owner of a vacant property
I was told of a vacant property word of mouth that has rehab potential. On the door was a notice to call the banks REO department for info. I was told that the property is not being marketed by the bank and that I sho...
Ayman Elmasik
Houston flood home that would not sell - exit strategy ALF
Hello,I have a house that was flooded in Harvey (Aug. 2017) for the first time (to my knowledge as I bought it from a wholesaler with no disclosure) .The house is one story with three bedrooms (one of them is a master...
Shawn Torsitano
Sometimes It's Right Under Your Nose - Flip Analysis Help
Hello Everyone!I moved into a new area a few months ago, into a standard little neighborhood for my area. Whole bunch of 3/2, ~1,400 sqft houses, built in 1977/1978. Today, while the wife and I were doing misc. work o...
Clark Childers
Keeping Track of Construction Costs
I am currently rehabbing a 11 unit apartment building in West Texas. I'm the contractor and I'm hiring all my subcontractors. I also provide all of the materials. I've been saving receipts, but things are moving so fa...
Josh Raikin
Off market property- how to?
Just moved to Dallas. TX and interested in buying off-market properties. Is anyone able to clarify the process once I have an address? Below is my attempt at a procedure, and would really appreciate any corrections!1)...