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TLDR: I'm considering the decision whether to build an STR or to acquire a pre-existing property and convert it into an STR. Any thoughts are helpful. I'm considering two options for my first STR that I will own (I al...
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Hey Everyone,I'm attempting to start investing, but am possibly hitting an early roadblock. Recently I went through the process of trying to get pre-approved. Ultimately I was told that I would need to have a co-signe...
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Hey BP,
Rookie landlord question for you all.
I just signed a new lease with my first tenant! However less than a month later the tenant is asking me if he can hire a electrician to install a new additional 220 outle...
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I am curious how people go about getting their first contract and how people go about estimating their rehab costs. I'm new to wholesaling and wanted to get a perspective on these two aspects. My biggest hurdle with...
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Sorry if this is a silly question, but has anyone heard of Scale kit (fix and flip automated) funding and have any thoughts on if it is a good investment or not? Website: scalekitfunding.com (not the marketing compan...
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I've got prospective tenants that want to build a fence for their dog, at their cost as they've got a friend who builds fences for a living that could do it for them.
My prop mgr thinks it is a plus since a fenced in...
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“The sky is falling,” says Chicken Little. The sky may not be falling, but, there are signs that experienced real estate flippers would do well to notice. Astute business people know that when something becomes “popul...
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Hey BP,
I’ve decided to try my first flip, and have had an offer accepted on the property. Its not a great deal, and will not net huge profits, but let me know what you think.
House- 51,000
Closing (est) – 1500
...
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Here's my situation:
I own a duplex that is about 100 years old and my tenants pay for all of the utilities EXCEPT for city water (which comes out of my pocket each quarter).
Both of these rental units ...
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I was wondering if you guys have come across any good books about "Sweat Equity". Actually doing the rehab yourself instead of contracting everything out. I realize that sometimes you need a licensced professional t...