Hey guys! My name is Joe, and I'm new to REI. But before we get into details about that, first I'm gonna tell you a little bit about me. I'm 21 years and I have a beautiful family of my wife and 2 kids. I'm currently ...
Newbie Here - I'm planning to start real estate investing using the BRRRR strategy in Cincinnati Ohio. So far, finding funds and financing has been the easy part. It's the rehab that has me worried. I've screened s...
When I am compiling quotes from contractors for fix and flips, should I be including material (Kitchen cabinets, flooring, etc.)? I know from reading other topics on here, a lot of investors purchase the materials the...
Had the idea of purchasing a property that fits the bill for a flip, working with a reliable (previously used) contractor, letting them handle the renovation and then splitting the profits. The idea being that we can ...
Hi everyone.
I'd like to get some thoughts on a project I'm looking to start next week to replace the flooring w/ LVP.
I've got a quote for roughly 6k of 1152sqft-- 3.4k for the LVP and 2.3k for labor and 290 for pr...
I made an offer on a property that is considered a boarding house. It is a small row home in Philadelphia that is broken up into three rooms. The only common areas are the bathroom and the kitchen and the backyard. Th...
Hi, everyone, happy new year! I spent more than 5k on my first property for all the trash out (3 largest dumpers, GC, labor, texas).I got my second house for flip from foreclosure.It’s still a hoarder’s home, more tra...
I'm buying a turnkey rental in KC MO for 81k and I was recommended REI Guard Home Insurance so I checked them out and got a quote. It was $831 to $892 per year for two different options. This seems sky high to me sinc...
Tennant of 2 years did final walk-through with landlord in person, noted various issues like fridge/oven/microwave cleaning & one missing garage key. Some burnt out light bulbs, dirty unchanged air filter, dust/ha...
Hello All!I purchased a rental property in 2020 and started an LLC. I renovated the house at the end of 2020 and moved in a tenant early 2021. Can I claim the expenses of renovating the home on my 2020 taxes? I have h...