As a general contractor here in the Chicago area. I want my fellow investors to remember when hiring a general contractor, included in the costs of completing your project he/she will charge overhead and profit. So fo...
I’ve done about 20 apartment turns to this date. I always seek a higher end product, it helps attracting new tenants and things like wiring, overhead lighting with switches, in each room, all new interior solid core s...
I've been wondering about all the overhead built in to buying and selling. Especially the 6% commission on each end, closing costs and all that. To all my investors and realtors out there - should I be getting a deal ...
Hello all, I hope I selected the right sub-forum! Im happy to report that within 2 months of starting my REI search, I will hopefully be adding 3 more investment properties to my portfolio within the next 30 days. I m...
Hi Everyone,This is my first post on BP forums. I am a physician in southwest Florida with several small vacation rentals as well as a duplex. We just had our offer accepted on a residential property with just over 4 ...
I heard in one of the podcast to use CAN lights instead of ceiling fans in order to avoid maintenance later. My question is "Do we need to put CAN lights in bedrooms?" If so, how many CAN lights should be there a mini...
Hello, I am exploring being an investor in new single-family home construction in a busy/in-demand metropolitan area. I had a home built by a local builder a few years ago and have been interested in getting into bei...
Hi everyone!We own a single family house in Northern Virginia. We rent out our basement (legally) and after saving up cash, we've opened an LLC, gotten prequalified (we can put up to 20 or 25% down on a house up to $5...
First wholesale deal and I’m stumbling through this but I think I am done? No, this can’t be real…
So here is what I did:
1. Found seller and got them to sign a sales contract with me for a certain price. (Cold call...
I'm looking to buy in the mid-west. Curious to see how much does everyone estimate for Vacancy and Cap Ex Expenses. I've seen quite a range when I've researched this so Id like to hear first hand how much others est...