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Hello,Last week I put an offer in on a duplex in Richmond, VA. The numbers looked great, I was planning on utilizes the rent hack method at the place and it was close to my job. I put an offer in that I thought was fa...
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A little bit my background. I run 3 hedge funds currently and have worked 3 years as a framer and finish carpenter. I have done more than 300 construction projects and development projects. I also studied for my certi...
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This year I sold an older SFH rental (built 1979) I had with no deferred maintenance in Plano TX in order to 1031 exchange it for a similar sized new SFH rental in Melissa TX (built 2021). All cash buy. The older prop...
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Hello, I'm looking to reduce my offer after the home inspection. How do I go about getting estimates for repairs when I'm not the owner of the house? I want to offer estimates proof to justify my reduced offers. Such...
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I've never invested in an REO. I wonder how willing banks are to negotiate their prices when it comes to their REO listings?
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Schitty situation. We just purchased a property to brrr. Last week the neighbor up the hill had a clogged toilet and had the rotorooter guys come out. When they cleared their drain our basement immediately filled up w...
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What are the risks of hiring a contractor who is not insured?
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I bought the J Scott book on flipping houses several days ago and have been reading it whenever I can and I think its GREAT! Now, I've been investing in RE to some extent since 1999, when I bought my first duplex a...
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I have my ducks in a row and I'm ready to start putting 'we buy houses' ads out online, mail campaign, fliers, and signs. My biggest 'what if' right now is I know when I put out the I buy ads, the majority (I'm guess...
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We're putting a cash offer in on a property. It's a property that needs some work and we'll be living in it and then doing a cash out refinance to purchase another investment property. It has a septic system and has b...