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Hi All,In the middle of my first flip in the RVA area and I am finding myself at Lowe’s or Home Depot for a lot of items like doors, windows, kitchen cabinets, floors, appliances, etc. I know there have to be some bet...
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Any help, tips, or any other comments on the below would be greatly appreciated!I have a few family members that are willing to give me a private money loan at 10%. I will pay 10% interest for each month their money i...
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I am doing my first fix and flip loan where the lender sends me draws after work is done. My question is how do new investors front the initial money to start work if the point of the rehab loan is that they don’t hav...
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Hi,
Flipper wants 70K for rehab and is willing to put me on title of property along with hard money lender and his LLC. Property is selling for $165K but comps but it rehabbed at $282K to $297K.
He has...
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Hey BP,Curious if anyone out there can chime in on what specific projects within a rehab produce the best ROI. Obviously this assumes that there aren't major infrastructure items to be addressed (ie. functioning roof,...
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It’s tax season! Yay! Can we detect sarcasm when it’s typed out? Since April is fast approaching that means many of us will need to file our Federal Tax Returns. Even if you are filing an extension I have tried to...
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I purchased my property in October 2018... however I did not list it on Airbnb until January 2019...therefore I had no rental income in 2018.Can I still deduct expenses such as mortgage interest, property taxes, depre...
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Hi Everyone,
I've been a licensed Realtor in FL for the last 2 years. I'm looking to expand my business by getting into fix and flips. Most of the clients I've worked with as a Realtor are investors and I've already ...
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HiI'm presently added a room in the basement. I'm looking for ways to eliminate as much sound as possible from upstairs. Interested in hearing from anyone that has used dynamat for sound proofing. I was originally ...
Hello-Appreciate everyones best guess for conservative maintenance projections for a 5yr hold of the following portfolio. Also would like to see reasonable reserve estimates for capital expenditures-10 homes-Built af...