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I have a small 1 bedroom SFH . Rented it to an old guy who drank . Well his son moved in who was helping him , then the sons crack whore girlfriend moves in to the small place . Well the place was filthy 4 years ago ....
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When calculating an ERC (estimated repair costs) for a given subject property should the wholesaler provide an ERC for both Retail Flip AND rental? Or just one?
It seems to me giving them just retail flip ERC would ...
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Long story short I purchased a "flipped" home and now finding out the previous owner never obtained a permit for any of the work. This was my first home purchase and I missed a lot of the red flags I am now seeing. Th...
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This will be a continuously updated step by step BRRRR post. I stole this idea from @Lesley Resnick so I first need to give her some credit. I really enjoy reading about her progress and it inspired me to do it as w...
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So, we are closing today on our third LLC project. Previously, we closed on a single-family home, which we renovated and rented. We have also purchased a three-unit multifamily that has all three units rented, but h...
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I have two rentals. One in Fort Collins, CO and the other in Fort Myers, FL. My handyman in Fort Collins is awesome. He is on time, reliable and does good work. His work is better than mine. He recently replaced a kit...
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Hi All, I'm looking to do my first long-distance BRRRR with no prior of experience with rehabbing. My biggest difficulty analyzing properties is projecting rehab costs. I'm reading J Scott's books on Estimating Reha...
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Hello BP!My first deal ever was 10 years ago. I bought and fixed, sold to my parents and they owner financed @ 10% for 5 years. My 2nd deal was a year later as a bird dog deal. I didn't even know it had a name, but...
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Hello to All,My business partner and I (both Realtors in southern Ca)have decided to take the plunge and purchase our first flip. After running the comps and walking through with my dad and Uncle (both in the busi...