Brian Erickson
Potential value add? 800 sq ft shop remodel?
Property is an 3 bed 1 bath 1230 sq ft SFR in a fairly hot market (Seattle) on a third of an acre.In the back yard of the property lies an 800 sq ft double wide. The previous owners were using it as a shop.The square...
Jay J.
VA/FHA Contractor Requirement
Hello All!I have a quick and hopefully simple question. So, its my understanding that if I use a VA/FHA Rehab loan, the rehab must be completed by a licensed contractor. Is this true??Assuming it is true, I have a fol...
Tej Patel
Structuring deals with contractors
What is the best way to get in touch with a contractor? And what is the best way to structure a deal with them? I am curious as to know how investors structure their deals as in payment schedules, and getting a way to...
John Vega
Joshua Homestead Utilities
Hello everyone, any tips for supplying water and other utilities to a homestead cabin? Currently water main is approx 300 ft from cabin. Joshua water basin company states they need structure plans.( not sure if this "...
Tyler Faison
The legal side of an equity partnership
I’m looking at going into a deal with someone that already owns a piece of property. We are essentially supplying the tenants in exchange for equity in the property as opposed to a percentage of the income. We have a ...
Irina Gav
How to correctly write a lease for a call center?
We got a building for our own business but have some room to lease. Call center would like to move in and they are just starting out so only expect 4 employees to start with. We have a rent set for that. But as they s...
Cody Dawson
Real Estate Broker Partner
I am getting into property management company of STR’s outside of the doors that I personally own. It appears as if in Ohio, in order to be a property manager for a place you do not own, you must be a real estate brok...
Chris Eaker
Return on partner's investment
I was talking to my brother about apartment investing and he asked a question I want sure of the answer. Say I bring in a partner on a deal and they bring, say, the 20% down payment for a purchase, and we split owners...
Glen Fernandes
Drywall Contractor Price - Sanity Check
Hi, I have been running a small remodeling contracting company over the past 6 months (i.e. drywall, paint, flooring, trim). I recently provided the below estimate to a GC prospect, but received pushback mentioning th...
Nathan Brooks
My first subject to deal - MO
Hi all!I will be going to buy my first subject to (sub2) deal tomorrow ... I have a few contract questions I am trying to figure out.1. When you write the offer are you writing it with a FSBO sales contract? And if so...