What’s up guys? So, I decided to use a GC for my second project and it has been a struggle. I would like to know how you guys deal with non performing GC’s? We’re currently 4 weeks behind schedule because of the elect...
I am running the numbers for a deal I found near me, mostly as a thought experiment. Below is an image of the deal with actual numbers. Closing costs, rehab, and financing terms are a guestimate.The seller owns 15/2...
The last time I wrote about deeds I discussed the different forms of deeds, such as Quit-Claim Deeds, Security Deeds and Warranty Deeds. Look for “Doing the Deed” elsewhere in BP. This time I’m going to discuss sever...
Hello ALL.I am a wholesaler about to make a 6 figure profit in DC.I do not want to Assign my rights bc then it would show up on the HUD for the Seller to see and might scare him to back out.I also can not do a double ...
I recently submitted an offer for a property as an investor (non-owner occupant). I thought my offer was fair (more than 80% of what they were asking). This was already after their "First Look" period. My realtor info...
I have a property that I did major rehab to that I am in disagreement on pricing it. Comps are fairly different in my opinion. Realtor wants to list it 10k less than the number I came up with. I have redone the founda...
I've been around this business long enough to see just about every scammer out there. I've noticed that all of the scammers use certain words: Here's my list:
1. SECRET (the gurus have a secret alright. The secre...
Hello,I have a contractor that is requesting 50% of what he quoted the job up front. It isn’t a super large sum of money, but I’m curious on what type of things I should do/look for to protect myself. As of now all I ...
I have been getting nickeled and dimed with leaks and clogs. From a prior life in Illinois, I remember we had no problem making all plumbing issues part of the tenant's responsibility in the lease. However, I'm n...
Hi all,
I have encountered a deal of a fourplex, with full occupancy. It is in a nice neighborhood. However, the property has been having delayed capital upgrade or proper maintenance for a long time. The windows, ro...