Gregory Butterfield
Estimating Rehab Costs - What am I doing wrong?
Hey there BP, you guys are looking handsome as always! I am a hopeful real estate investor, attempting to use the BRRRR method, and I am having trouble calculating rehab costs. For example, while analyzing a proper...
Account Closed
Book recommendations for exploring new markets overseas
Hello all!Does anyone have any recommendations for books or materials that cover some ideas about how to learn about real estate markets overseas? I'm from Chicago but want to see any tips on how to explore Yucatan, O...
Owen Dashner
Inbound Call Management - 2 Acquisition People
When forming an investing business with a partner which will involves a fair amount of marketing to sellers, what are some options for handling inbound calls when more than one person will be involved in acquisitions?...
Benjamin Vale
Pensacola General Contractor
Hello. I am looking for recommendations for a general contractor in Pensacola for a full renovation including interior renovation and roofing. Anything helps. Thanks.
Carolyn McBride
STR Tax Loophole/Strategy So Close to the End of the Year?
I'm about to go into contract on a property I want to use as an STR. I’ll likely close on the property around early November and it will need small cosmetic updates, maybe a new deck, and of course new furniture set u...
Tony S.
How much to pay contractor for cosmetic renovations?
How much do you typically pay contractors for cosmetic renovations? Typically, I sub everything out and average $15,000 - $22,000 unit for full cosmetic renovations. Here, I want to delegate this job to a contractor...
Jewel B.
Estimating Rehab Costs by J Scott: 2023
Happy Tuesday everyone,I've just started reading "Estimating Rehab Costs" by J Scott (and will then also read his book on flipping) and I see it's a revised edition from 2019, which is obviously pre-Covid and therefor...
Tyler Speelman
2nd home and STR income tax
Hey BP,Purchasing a 2nd home with 2nd home mortgage, but using the home as a STR. 1. Can I use depreciation of the home to offset rental income gains? 2.How do I take advantage of tax deductions if purchased as a 2nd ...
Jeff G.
Question About "Pay off Your Mortgage with a HELOC?" Notices
Hello BP family,I ended up on some marketer's email list. I keep getting promotional material suggesting I "pay-off my mortgage in 5 years with a HELOC." Has anybody here gotten marketing material for this kind of thi...
Jane S.
HELP! Buyer dropped out but left damaging inspection report!
I'm selling one of my rentals and received an offer from a buyer along with their inspection report which is full of errors and lists many items as non-functional that ARE functional. I had some minor plumbing needing...