Ok, well... Ive never flipped a house before, I have no idea what supplies and materials cost, and I dont know what's a good price for a decent contractor. How do you guys figure out this cost on your first flip?
I am a new investor and I made my first offer just last Friday. I anxiously awaited for a response over the weekend and I indeed got some promising news. It was a probate lead which was turned over to the lawyer who b...
I understand how and why to use a standard formula of 70% ARV - repairs - my wholesale profit when making an offer to a motivated seller.However, I have some buyers who seem less interested in getting a great deal (30...
Really wanting to get moving on this flip but I can't seem to get any contractors to call me back. I met with 8 general contractors 11 days ago at the house I want to flip and no one has gotten back with me, even aft...
I'm unlicensed architect, I sold a duplex with entitlements for a lot split and infill single-family. I created the construction documents for the proposed design but chose not to pursue development and sold the prope...
It seems like so many people (mainly agents) are against wholesaling. Everyone is demanding regulation and licensing for which I believe is the right call! What upsets me is wholesalers are just middle men the outsour...
Hello BP flippers & Company,Recently I was advised to hire contractors that can "pull a permit." What does that mean? Please share.Kind Regards
Buying a condo in Southern California as a primary home, long term, house hack, BRRR, 1ST time, investment....1. What are possible pro/con of using/not using a real estate agent to close 1st deal? 2. Pro/con of usin...
Which states/counties have the most favorable business and regulatory conditions for pursuing a mortgage foreclosure surplus strategy? Thank you!
When you're hiring a contractor, how do you handle payment. Will they want payment before? If so, it doesn't make much sense to pay until you're sure the work is complete, right?
It makes sense to me to pay half be...