I think renovation is the area where alot investors might lose profit & even lose money. I listened to BP podcast 44, Michael Woodward was talking about his template & checklist of managing his RE project o...
I was wondering what you budget for overages. If a few contractors quote you lets say 50k do you budget for anything over that for any overages? If so how much?
Home warranty for rental - do you recommend using it (only in 1st year)?Rental: Building was built in 1916. The furnace & AC is 2011.I heard it the same insurance, more requests you make, the more price will go up?
Just wanted to share something that turned out to be very effective. Last month we moved to an all cash system for all household expenses. Although, we have saved a lot of money by being frugal and loosely budgeting o...
Hello BP,I recently went under contract for a property that has 1.74 acres the main house was built 1900 and has 2/1 1092sq ft. There is a shed with electricity and water that would need some rehab as well to be rente...
Hello all! Just an RE investing newbie here! I live in the bay area, where it costs extremely high to purchase a home. I do have some savings and i was thinking of purchasing a piece of land (~$400k) and build a house...
Hi my name is Ben. I live in Nashville, TN and am looking to build a detached 2 garage with 2/1 apartment above. I personally went down to Metro to get a building permit because I wanted to make sure what I wanted to ...
The repairs have far exceeded our budget. HELOC application is in progress but a VERY long lead time. Looking for financing to keep repairs moving forward. Any suggestions?
Once you get settled into your rental property, I assume it's important to document everything and stay super organize. What's your approach to recording monthly income, expenses, etc.? Is Microsoft Excel too simple? ...
Hello BP. I recently passed my Real Estate Salesperson state exam and I have yet to choose a broker to 'hang' my license with. The whole reason I even made the effort to take the course/test is so I could get comfor...