I will be pursuing my first hard money loan for a BRRRR and will not have enough cash to cover the repairs. I've been reading that remodel costs are held in escrow by the HML and reimbursed after completion.My questio...
Since there are such short windows, especially with good deals, how do you guys manage to get accurate rehab estimates and arvs if most deals go so quickly? I assume you put in the offer contingent on inspection, then...
I bought a duplex a year and a half ago. Bought a SFH in December. Put everything on one policy. My SFH needs some work done to it so it is vacant. When insurance company investigated and found it vacant, they wanted ...
I have several houses now and my filing cabinets are getting a little stuffed. I have a separate accordion folder for each house. I keep the original purchase papers, receipts for repairs, credit reports for prospec...
Dear BPs
I finally signed my first contract. Since its my first deal, anxious about the rehab process. I am in south Florida
Here is the pictures of property https://app.box.com/s/285orrr5j5n189ci3x1o2bgot9...
A tenant just moved out (a couple) after living in one of my apartments for about 4 years. Good tenants, paid rent, didn't complain much. When they left, I walked through the unit and they left it in pretty good shape...
Here's my proposed rehab schedule for a 3br/2ba ARV in 150K range... rehab in under 30 days: *I only use supplies in Stock. I also screen subs well to ensure they will work my timeline before i hire. If they do not ...
I have made a major newbie mistake. I presently live in a condo for the past 17 years. In 2013 I purchased a 2-family that needed some major work. Over the past year I replaced the roof and updated the electrical so n...
What have you guys found has been proven, in your experience, to truly add value to your properties?I just bought my first property and it's pretty turn key, but I'm wondering what can set it apart from other SFH's in...
Hi BP!I need some unbiased advice here.I am looking at a duplex currently in NE Minneapolis, MN. It is an older home built in 1900. Here is the numbers break down. (I have the offer accepted but I have not yet submitt...