Joseph Janarski
Being Sued for backing out of a Deal - What am I liable for?
*Disclosure I am speaking to an attorney on the matter this week, but wanted to share and see if anyone has had a similar experience or knowledge in this matter?So unfortunately my contractor was late in getting me a ...
Phillip Cooper
What was your biggest unexpected cost in a flip?
I understand many have flipped 5+ houses or have tremendous experience with the renovation process. However, as a contractor I'm curious what was the biggest "miss" or unknown finding you've experienced in a flip? Fou...
Shannon Smith
USING ALL OF OUR SAVINGS TO BUY STR
We have $100,000 savings in the bank. We found an amazing and unique $500,000 house with 5,000 taxes. We can put 10% down and with closing costs spend about $75,000. We will easily spend the remaining $25,000 in misc ...
Joe Splitrock
What Questions Are Not Being Asked That Should Be?
I read hundreds of questions in the forums every day. I see a lot of repetition in questions. People ask things like "Do I need an LLC" or "where do I advertise for tenants" or "how do you collect rent payment". We al...
Matt Cariello
What type with $50k per year?
Hello everyone,
I am new to real estate investing and have a quick question to ask you guys. I'm in a pretty unique situation where I will be able to invest and/or save roughly $50,000 per year (sometimes more if I ...
Mandi Martinez
When the contractor is over the timeline, by A LOT.
I’m on my first flip, and the official start for renovations was November 1st 2018. I was told it would take 12 weeks to complete the project and now we are well past that and still having issues. All of a sudden I ne...
Josh Ricord
First Post College Investment- FHA 203K House Hack
Hello everyone! My name is Josh Ricord and I am a recent Biomechanics and MBA graduate and retired student athlete as of 2023. I am currently in my first year of my W2 job (post graduation), and after a year of listen...
Jon Arthur
A Home For $6,000!
I was out looking at homes today and found a for sale by owner that looked like crap on the outside. After talking with the home owners daughter, she said they were looking to sell the home for $6,000. After talking w...
Brian Quo
How bad is it to start off not cash flowing on 1st rental that is new construction?
So I live in the SF East Bay and have been looking to invest in a rental. I am too afraid to do out of state rentals. I have been looking at some homes for investment and it's expensive here.
I have been looking at...
Jordan Laney
PM changed the utilities too early and now we're stuck holding the bag
Hello, Happy New Year Who do you think is at fault? Story time. So we had a non-paying tenant whose lease wasn't renewed and refused to leave. We started the eviction process. The PM change the electric utility to the...