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I am looking to do my first flip and trying to get a sense for how best to realize my expenses for capital gains as a DIY flipper. As a DIY flipper my labor/install expenses are significantly less than a flipper that...
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Hi! I am a real estate agent and have been asked by my investor/client (currently out of the country) to oversee a rehab condo project. Has anyone done this before? The project will take approximately 3 weeks to com...
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What number (or percentage) is considered a good spread when wholesaling a deal?
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A developer has purchased my next door neighbors house and plans to demo the house and build a small condo development. Yesterday while walking my dog the developer approached me, introduced himself and explained to m...
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I've done a number of BRRRRs, managing contractors and my own sweat equity, and see opportunities for more BRRR/flips. I'd love to move into this full-time but not sure how to structure the initial crew, compensation ...
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I've got a highly capable foreman that I'm going to hire to manage 5-10 flips in 2019. He'd prefer to work for max potential instead of max salary. I'm looking for ideas on how to structure his compensation. What wou...
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What are the finer details of wholesaling? I understand the concept of it but I'm a very detailed thinker and I would hate to lose money on a deal because I didn't know about a technicality or a document I should or s...
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Hello to my Bigger Pockets community.I am hoping some of my colleagues can provide advice. We are considering hiring a “Bird Dog.” Someone to track down dig leads within a defined district or zip code. The person can...
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Hey guys! Wanted to introduce myself ...my name is Isidro...i am from California, i recently got offered an opportunity to get into the real estate investing by my landlord...he has been doing this for about 15-20 yea...
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HiI am working on screening some new handymen as my current ones seem too busy. I was interested in knowing … Do you typically state your rate up front ?Several usually say they need to see the job, but then end up ...