Rocky Verteramo
closing costs on fix and flips
Hi Guys!I live in Indiana and I am in the process of investing in my first fix and flip. When I sell the fix and flip, 1. what normal costs can I expect? 2. what are usual percentages of those cost (i.e. brokers fee)?...
Tracy D. Garrett-Numa
Recommendation on "Morris Invest"
Has Anyone used or heard of "Morris Invest" ?
Morris Invest find homes located in 3 different states and send you pics and if you want the house; The normal cost of the home is 40-50k. After purchase, They rehab the ...
Gere W.
Costs for little things
When buying a property, what are some "normal" costs to have to get up front before move in ready? For instance, does one always buy a washer/dryer? Is new paint always a given? Even if a place is supposedly turnkey, ...
Brandon Ellis
Mold Remediation / Removal
I don't have any properties yet but saw a house online with possible leaking in the roof. I'm in NC and what is the normal cost of mold remediation?
Dan Barman
3% commission on hard money loan?
Am considering going in as a first time investor / hard money lender (limited partner) on a large (150+ unit), ground-up multi-family.The opportunity came to us by way of one of the managers of the deal, who is a frie...
Sarah Lawrence
deducting expenses when properties fall through
Hello. I am wondering how everyone deducts their expenses when offers fall through such as wire fees when they do not have ownership of that property for tax purposes.
Nailah Diaz
Gut Renovation - Foreclosure Need Feedback
There's a Single Family property for Foreclosure. 1304 SFT, 3 Beds, 1 FB, 1 Unfinished Basement, 1 Garage with Driveway, LR, DR, Kitchen.
The approximate Fees due are $72,000. This includes the balance of the M...
Luke MacDougall
Treatment of sidewalk repairs in Syracuse, NY
Hey everyone - I am looking at a property in Syracuse, NY. It is a corner lot. There is a city sidewalk along the perimeter of the yard that is adjacent to the street. There is also a concrete sidewalk from the fro...
Account Closed
$64,000 Owner Finance Deal, 12 Cap
I am new to this forum, having lurked for some time. I recently completed another owner carry deal in OH. As I posted elsewhere today, I'm doing more of these transactions due to their more passive nature, compared to...
Carl McKenzie
List Source
Hi BP Family,I am about to purchase a list of absentee owners from listsource and have 2 questions. 1) For the option that reads (Remove duplicate property mailing addresses) What does that mean? Seems obvious to remo...