Account Closed
What are some options for someone with no income but a lot of cash to get a loan?
I'm currently in college and have around 400k to 500k in cash but no income. I am confident that i want to invest in real estate full-time starting this year. However, many have pointed out that getting a conventional...
Aus Smith
Property Management - Contract and Fee Structure
Hey All, I am a CPA who works directly with Property Managers. I have worked full time as an accountant for a property manager for the last six months. I am looking for information for contracts between owners and pro...
Jacob Yates
Splitting utilities in a duplex
Hi everyone I am looking at making an offer on my first deal. I would like to have each tenant pay for their own utilities. I know some laws may require that certain things be set in place to have tenants pay for thei...
Mattian Tad
Los Angeles ADU design cost
Hello All!!
I am planning to build a 1200 sq. ft. detached ADU in Los Angeles ( boarder to Culver City) and I spoke with few Architects and their price is very different, the lowest was 8k and the highest 20K not ...
Deborah R.
Repair Roof or just Wait for a Storm?
I just bought a 2016 house that has a few missing shingles. In several areas, the shingles need to be secured because they can flip up. The repair quote was over $1,200. Inspector said the roof should only last 5 ...
Joe S.
Supplies from one store or many
Do you shop for convenience or do you shop for price, or quality? Our workers typically buy everything from Lowe’s and I make a phone payment. I have a Sherman Williams account, but we do not typically buy paint ther...
Ugo O.
Calculating ARV and the 70% rule
Hello everyone,
I am about to start writing out offers and I wanted to know the general opinion on how to find proper comps in the area when calculating ARV. What has been the most reliable way for you to calculate t...
Brian Phillips
Fair price for professional engineer to make permit drawings?
Does anyone have experience with paying an hourly rate for a professional engineer to make necessary permit drawings in Ohio? I am looking for site drawings and complete sets of drawings of the plans and specification...
Mario Cuartas
House ages to stay away from?
Hello everyone, I am a new real estate investor. I have $30k I would like to invest in multi family investments. I would like to purchase in Springfield, MO, since multi family is a lot more affordable and rents are m...
Cameron C.
Establishing a proper portfolio structure
I understand there are a variety of forums, many of which can address my situation to a certain extent, however, I thought it would make sense to lay out the exact context of my situation.I am getting ready to purchas...