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Do you do your own interior design for flips or hire a designer? Finding it hard to justify hiring a designer where I will basically be telling them to design the most bland / mass market appeal space. Usually I will ...
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As a rookie investor I'm a little nervous about getting taken to the cleaners by a contractor that is dishonest. Any tips y'all have learned to avoid paying up front to a contractor?
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So the big question for a lot of newer investors and some experienced investors is how to make sure you keep a good contractor as well as your investment and personal interests safe? Well, there are a few different wa...
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Hi Everyone...I was wondering all of you who have done fix and flips in SoCal (particularly closer to LA proper) and ATLANTA area could help me out.I want to establish some rules of thumb for how much certain things c...
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Hi, just went in escrow for my first flip. I’ll work with small teams by area as opposed to one GC. Should I ask the contractor quotes for floors, paint, landscape to include materials? Some are saying I should g...
ok trying to figure out the limitations on the up to 25,000 loss on rental properties. So let’s say married and over 150,000 in annual income. Does that automatically mean I can’t take a lose at all and any loses ro...
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I'm interested in hearing from fellow flippers about how they have managed the process of draws and payments to contractors. I work with the GC at the outset to establish what items will be completed for each draw. So...
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Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $10,000
Cash invested: $50,000
Purchase of 3 Lots (1.5Acres) in Montego Bay, Jamaica WI just 10 miles ...
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I'm investigating if I qualify as a RE Professional for the IRS. I'm retired with no W2 income. Primary income is from real estate, investments, pensions and IRA. We currently own 38 units held in LLCs and privatel...
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We signed the purchase agreement back in December 2020, and it was scheduled to be completed by 4/15/2021. However, the builder has been delaying the building, and recently we were told that they wanted to cancel our ...