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So I have a 4 unit that is under agreement to sell and the inspection report came back with some electrical issues that needed to be addressed. Electrical contractor quotes me $5k but noted he could do it on T&M a...
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Hey, everyone! I'm in the process of buying my second property, which would give me 5 apartments total. This would give me roughly $1000/month in cash flow between both properties. I want to keep about $10,000 in cash...
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hello everyone,
so I've recently found a few pre-foreclosures. but looking at the comps in the area the homes have 20%-40% equity. my original plan that came to mind was to do offer a few different solutions and then...
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I saw a other "discussion" between two old timers on BP and it got me thinking.....When some of us do renovations, we put in the toughest most durable products we can find, expecting they will stand up to the tenants....
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I have a dilemma with my contractor on a duplex flip. The current situation is he is off the job because on a health issue. He called earlier this week asking for more money in order to meet payroll. My fear is he wil...
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I found this today about a proposed meltdown:
The Day The Dollar Died
I thought some of our resident Tea Partiers would enjoy it. Most entertaining!
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Hi all,I have a situation that I really need everyone's advice on. I bought a flip in Maryland a couple months ago and hired a licensed Maryland contractor for the reno. It was supposed to be completed at the end of M...
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My office received a call from one of his reps today. I thought the pitch was a pie in the sky type of deal. Anyone hear of this guy on Youtube, Grant Cardone? He boasts a half a billion dollar real estate empire ...
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What ever happened to dropping interest rates? I thought we were supposed to have rates that were more favorable? We got a small drop last month but nothing worth bragging about.I was thinking of doing a refi with dro...
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Everyone is complaining about cash flow, but the truth is everything cash flows. It's a matter of how much you want to put down on the property. Even if you are doing a value add deal you most likely want some initi...