Kelly McMahon
To Sell or to Rent, That is the Question
Im no expert on the economy, or investing, and especially not the real estate market but I do know how to balance a budget and jump on bigger and better opportunities. Our current house is too small and not working f...
Kevin Gallagher
Seller using non-licensed electrician
I have a single family rental under contract. During the inspection period, I had an electrician look at the home because it has aluminum wiring. He said it wasn’t up to code and potentially hazardous due to improper ...
Mark Beekman
Is building possible according to this geological survey???
I'm looking to build a single family home (or put up a mobile home) on a flat .34 acre residential lot in PA.Some background:There used to be a house on the lot, built in the 1960s, that suffered settling issues due t...
Tony Nguyen
Am I Over-Leveraging?
November last year, I bought a vacant 9 unit for $210k, put in $40k to renovate and after fully leased, it appraised for $440k. In April, I pulled out 80% or $318k and used $200k to pay off the private loan of the 9 u...
Roland Rasos
Houston flip ROI question!
I have a few clients that I'm helping out and maybe some Houston area flippers can help out a little.They're all looking in the 60k-120k range and I'm finding flips with around 16-21% returns (I'm subtracting 10% of t...
Stacey Blunt
Contractor Bid Questions
Ok, so me and my partner are doing our first rehab and are in the process of getting general and subcontractors into the single family home to give us bids on our renovations and improvements. We just got our first on...
Phil Park
Advice for new agent
I am a new agent that earned his license in March. Since then, I have had a few clients and submitted some offers too but the deals fell through due to unforeseen circumstances (Lack of funds, seller backing out, etc)...
Sean Hurwitz
So, how much do I REALLY need?
Hi there, I'm a 'newb' from Los Angeles, CA and I have a quick question for all of you out there. Here are the stats on a hypothetical Flip deal:Cost: $125K Sale Price: $220K Rehab total: $40K I'm planning on putting ...
Charles Thompson
Contractor invoices WAY over estimate....what can I do?
I'm here asking for some advice about a problem I'm having with a "contractor" I hired to rehab a flip. I'll post a follow-up with more detail, but the gist of it is I signed a contract with who I thought was a licen...
Aref Shehadeh
What to do with wall tiles in... dining room.
Rehabbing a 1930's bungalow. There is tile present on the walls of the dining room, which is the most central room of the first floor. The tile is in decent shape.Creeping on my rehab budget and would prefer to not de...