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We just went under contract on our first investment property which we plan to flip. Its a large house in a nice neighborhood in need of some TLC. We're using an interest only loan with 25% down. In current market c...
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I want to get some feedback on an investment strategy I used in 2003-2005 that I call the "pre-construction flip". It works like this:Identify high appreciating markets (greater than 12% annual)Identify home builders...
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Hi everyone, I wanted to get some feedback from all new or even experienced Foreclosure Auction investors. We all know the challenges and risks when attempting to buy an investment property at auction. So I've been w...
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I’m on my first flip, and the official start for renovations was November 1st 2018. I was told it would take 12 weeks to complete the project and now we are well past that and still having issues. All of a sudden I ne...
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I'm looking into some better guidance into tax planning and a new CPA as I grow my real estate business. Has anyone worked with Tom Wheelwright's ProVIsion or now Wealth Ability? I had a consultation with them and ...
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Im pretty blind sided by this.3 unit under contract at 140k, scheduled to close beginning of September. Inspection went well, bank has committed to funding it, title company is ready and good to go. Insurance in place...
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Just for fun but I know many of us have made it pretty big in real estate whether its a huge flip, cashout refinance, or built up rental profits. but I want to see what our biggest most extravagant guilty pleasure pur...
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I bought my first property (duplex) back in June of '18 via the "House Hacking" Method Purchase price was 90k with an ARV of ~130k. My initial Rehab/ repair budget was 15k.Goal was to get the work done and cash out re...
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Hey everyone!
This is mainly for those who have recently built or got contractor/builder quotes for building an ADU. I am curious as to what your are finding the current building costs are?
I am working on putting t...
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Hi there, one of my properties in Washington DC has a leaky garbage disposal. I told the plumber to go check it out and if he can fix it great but if he has to replace it then to just remove it all together and not re...