David Alyea
Flip Partnership Details
I'm looking for advice from those that have done so on how to best form a partnership between an investor and a contractor for flipping houses.
I have rental houses in one city and live in another city 800 miles away...
Lesley Resnick
Credit Cards as part of BRRRR
Has anyone used credit cards to fund the reno in a BRRRR?I am using all cash and wanted to see if there was a way to further leverage?I pay my contractors by check/debit, otherwise, they have interchange fees for thei...
Jerry Cima
What's my role as a mentoree/apprentice?
Soon I'm goign to be connected with a potential mentor, & I'm trying to get a feeling for what the relationship should be like. I have a bunch of general questions for them (general & specific). What are my du...
Mike Hartzog
Purchasing a Note with Term Errors
First things first... Happy New Year everyone! I hope your 2015 is off to a good start. I have a hypothetical scenario for you to ponder. Let's say you are looking at purchasing a performing note, but after doing t...
Abraham Kauffman
Just send it to the lawyers already?
I bought a three unit apartment building sometime earlier this year. Was just going to redo it and sell it.Hired some electricians to take care of it. After they inspected it, they gave me a verbal estimate of $4,500....
Sang Yi
Which offers would you choose and why? I'm under contract now.
Received multiple offers in a short period of time. Total of 11 but only 3 really stood out to me.Built 2009. Single story home in TN. Mid 1700 sqft. Used comparables that were under contract and closing soon. Listed ...
Andy Lanyi
1031 exchange not investing all $. Will that $ get taxed?
I am not understanding the 1031 exchange process quite right. Is it true that when you do the 1031exchange and you do not spend all the money on the next purchase that that money will get taxed as capitol gains. As an...
Katie Rogers
Limits of Buyer Responsibilty to Buyer's Agent
A couple months ago, I made an offer for a house via my buyer's agent. This was the first deal this agent and I worked on together. Throughout the process, I have been disappointed with this buyer's agent's lack of ...
Susan Dobbs
Becoming silent partner with Subcontractors
I am working with an investor that is spending big money on employing his trades people for reno and repairs on his commercial properties. He is considering letting them go because of the costs involved and hiring out...
Nick Foundas
Finding/Selecting local Contractors
For someone that is just starting out and about to embark on their first deal, does anyone have recommendations on how to find a good contractor to handle the renovations? Are there specific resources you might recom...