State specific question IL :
Part of the rehab will be dealing with many trades. Some are more professional than the other. My idea is I will never pay ahead of work done – that’s my only leverage I have. If ...
Finally found something promising in one of my research markets. 40 unit mix with 9 buildings. Current owner has owned it for 10+ years but has pulled cash out of the property. Has two mortgages on it about $95k annu...
Hello, I have been in the real estate business for a long time, but it has always been in the long term buy and hold arena. I am looking to venture out into the major flip business where I would be purchasing a run-do...
Hey guys, I am a newbie looking to invest in rental properties. I live in a rural area with several small towns (1200-3000 population) within 10 miles of me. I assume most of them are good towns to invest in as they a...
Lumber prices on the Chicago Mercantile Exchange(CME) is down almost 50% YTD and down over 9% Year over year. This is another indication that housing/demand is slowing and could slow even further. Not to mention that ...
So I took Jay Scott (and others) advice and ordered carpet direct from manufacturer from Dalton, GA. It's coming by freight. It's a single roll and weighs 750 lbs. Any suggestions for unloading this? My installer ...
I was curious to find out what brand of paint everyone is using in their flips and rentals.I have seen some contractors getting $60/gallon paint from sherwin williams for $15.I am thinking because of the volume they ...
My brother is a fairly new licensed contractor and started his business about 5 years ago. He is ready to start flipping homes. He is asking me to be his partner. However, when discussing how we would distribute profi...
First time posting and new to REI this year. I used conventional lending form my first 2 properties and am acquiring a 3rd using hard money. I received offers from a few hard money lenders and chose the best offer. My...
I'm in the process of turning over a property. What brands do you guys prefer for dependability and servicing in a rental? I'm looking for input specifically on:*Shower mixer valves (serviceability is big with this on...