Investment Info:
Single-family residence fix & flip investment.
Purchase price: $35,000
Cash invested: $70,000
Current tenant found a next-to-abandoned hoarder house where owner just left it rot....
My husband and I will be going to Spain for 2-1/2 weeks. We have a total of 10 rental properties. We have a friend who also has rentals, and is willing to be our emergency contact person for our tenants while we are...
Hey BP,How much do you budget when getting an estimate from a contractor? Once again, I’m in a situation where I’m spending more money on my contractor who is over his estimate. (Shocking, not.) I’m sick of being hose...
I just got my first BRRR deal accepted in North Richland Hills! Excited but also nervous about the rehab work needs to be done. It has a basement in Texas! I was worried about the flooding as it happened last August. ...
Hello fellow investors
I've been looking into software and was wondering about REI Pro has anyone else tried this software ? or has another software suggestion
If I sell my apartment, buy an apartment in need of rehab, and pay professionals to do the rehab, then sell it, can I still make money?Because I know a lot of house flippers do at least some of the rehab themselves, w...
I am planning to remodel one bedroom 10' X 14'. I want all the walls and ceiling removed and have the room blueboarded with plastering. The electrical work will be limited to several outlets. Depending on the price...
Hello all, Yesterday I had my first tenant (inherited) let me know they will be moving out come June (the end of their lease). I have owned the property for the past two and a half years. They have been good tenants...
To find a great property it requires two things: accurate ARV and precise ERC. When learning to estimate ERC correctly I was thinking the best way to go about it is to find active rehabbers at REI clubs, see if you ca...
Hello BP,I have finally started taking big action and not trying to have the whole process figured out before moving. I have just gone under contract on my first investment property, and will be flipping it. I have ...