Our contractor was doing well with our SFH. So we continued to use her for our apartment building rehab. The contract sets 180 days for completion. Things seemed to go well at first then started to slow down due to u...
I talk with real estate investors almost every day, and the number one question they ask is, “How can I leave my W-2 or at least become work optional through passive investing in real estate?” I’ll cover a simple but...
Hello BP fam, I have been eying a property not far from an area that is experiencing a lot of re-vitalization. Its has a code violation notice on the boarded up door. the notice says unfit for human habitat. I'm wi...
In talks and negotiations with a motivated seller and working on getting to an agreeable price. Here is the info so far (very conservative, safe numbers). We are looking to wholesale this property.ARV ~~ 275k (absolut...
Amazing how many deals get lost because of poor training, education, and simple Math . Most investors go into a deal worrying about the price and cap rate. Lets share an example here: These deal may still be available...
I am graduating from college in a few weeks and start a full-time job in Chicago in July. As I start investing in real estate does anyone have advice for investing on the side of their full-time job? Do you mostly foc...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $265,000
Cash invested: $60,000
1930’s historic home with a converted garage. We are renovating it to be a 7+ bedro...
What would you say, (from past/current experiences) takes the longest to repair in a fix and flip?
Hey guys,I'm working on a project house to put up for rent. It's a 3/1 925sqft house that needs a ton of repairs. I got quoted for 12.5k of repairs incl materials to do the following:1. Install Vinyl plank floors thro...
So I've been hiring contractors for the first 7 rehabs I've done, and I've learned a lot about the construction process. A carpenter who does work for a contractor I recently parted ways with recently gave me a call a...