A good friend of mine, my agent, team member and RE Agent has a challenging escrow. Seller is a divorcing couple. My friend reps the buyer. This is a property in escrow. The divorce is hostile. They went in to esc...
Several real estate properties in KCMO owned under LLC, most are rented already, we typically buy a vacant house, spend 6 or so months to rehab it from top to bottom, then rent it out. Now we have a problem of getting...
Hey Everyone - I'd like to start a discussion, hear your experiences and generate ideas about the best way to transition from the corporate world to RE entrepreneur:What was your max work potential for investing/devel...
Since mid March 2020 many Companies in service sectors from IT Finance Insurance to others have over 70% of their workforce Working From Home; seems like it will continue till end of 2021.
All depending on vaccinatio...
Oh boy, I am confused:I was looking at a P&L statement of a 40+ unit MFH and noticed that seller did not include significant renovation costs to update units each year in the expense section. Those expenses were l...
Hey folks,So I'm sitting here scanning through real estate listings in Pittsburgh and running quick-and-dirty analysis with the ol' 50% rule as a gauge for expenses. I look at $95,000 duplexes all the way to $1,000,00...
I feel to succeed at real estate in the long term it requires at least a fundamental understanding of finances. The WSJ recently ran a piece about the lack of financial literacy in this country, Three question financ...
Greetings BP Community, I’m glad to be here and thanks for having me! Quick backstory, I initially planned to invest in my first rental property back in March, I had worked diligently to clean up my credit, paying off...
Hello all,My partner and I own a contracting company and have completed two full rehabs ourselves in the past year. We communicate regularly with investors who are looking for us to give them quotes on full rehabs. Wh...
Hello,
I was wondering if some experienced investors out there could provide some quick tips/advice on estimating CapEx when analyzing potential deals. Obviously this is impossible to perfectly predict and I know it ...