Francis Rusnak
Fix n flipping dangerous?
Everyone talks like fix n flipping is dangerous and you could lose your ass doing it.Say I buy 70% below market value - repair costs. Ok, I screwed up and was 10% off on my ARV, another 10% off on my repair budget, an...
Todd Whiddon
New Construction - Vacant Lot to Showstopping Success!
Here's another project we are just wrapping up and it involved so many "Firsts" for me I figured I'd share. Most of the new construction I've done in and around Atlanta has been Infill teardown which didn't involve m...
Robert Richardson
Our first rental property, a work in progress
My wife and I purchased our first investment property on March 1st, 2017. It is an ambiguous sized apartment building (2 or 3 units) with tenants in place that needs a ton of work. Here are some of the numbers:Purch...
Alex Silang
Renovation/furnishing costs of an STR
So I've heard this can run you a lot - around $30,000 for the average sized home of $400,000 in the area I'm looking at. So that means if my downpayment is $80,000, $30,000 is really going to affect things:1) Capital ...
David Dachtera
Modular Homes?
Hi, Folks,Want to solicit some input on doing new developments using modular construction.Just to make sure we're on the same page, let me define the distinction:Manufactured homes:Delivered to the final site in a com...
Matthew Irish-Jones
Outsourcing Maintenance Requests
HI All,My partners and I own 25+ units. We are also managing 10 units for others with another 10-20 on the way. We are struggling with minor maintenance repairs, dishwasher not working, broken lock, toilet clogged e...
Patrick Goswitz
Purchasing Materials for Contractors
I found a contractor I like to rehab a house I bought. Is it best for the investor to always purchase the material? I am assuming the answer is "yes" to get credit card points and prevent a contractor from charging a ...
Nicole Wood
we were Denied....again
well.... we just got denied for another loan...DTI ratio too high for me and my hubby. I'm starting to get discouraged. I wish I would have found this site years ago or read rich dad poor dad. Too many credit cards......
Account Closed
Going to ruffle some feathers. Bad REI's that try to screw legitimate contractors
I had a uniques situation that came up about 5 months ago that finally was settled. If not for me being patient (which is not always the easiest thing for me to be), being reputable and haveing loyal associates It ...
Maricruz Romero
Looking for a contractor
Hi BP,
I am currently in search of a contractor for investments I plan to make in Philadelphia through the BRRR strategy. Although I haven't acquired my first property I would like to get aligned with a contractor to...