Roselin G.
Trustworthy contractor or no?
hello!
I’m working or attempting to work with a contractor who wants $1000 deposit before he’ll give me a breakdown of the renovation. I gave him a list of updates and he quoted me 60-75k. I asked for a breakdown so ...
Kim Thomas
Expense and receipt mgmt - Is there an app for that?
Starting on my second flip next week.Did a not-so-great job of keeping up with receipts and expenses on my first flip and it made things difficult in the end to fully asses. I think what Im looking for is an app that ...
Kyle Shah
What questions should I ask during the home inspection?
Hello All,I just got my first property under contract and scheduled my home inspection. What kind of questions should I ask during the inspection and is there anything in particular I should be focusing in on during t...
Maximo Jacobo
Steps after offer is accepted
Hello folks, I am in the learning process of real estate investing and I have taken an interest in learning the BRRR strategy in full, to use as my main strategy . My question is, what steps do you take after a BRRR ...
Taylor Witt
Bulk flooring purchase
I have 8+ units that I would like to install plank flooring/vinyl of some sort when the units turn over tenants. I'm wondering if anyone has had any luck negotiating bulk orders of flooring at a discounted price. Is...
Keivon Anthony Sassu
Closin hud help hard money
Closing on a property in Wilmington DE soon. Purchase price 45000 and rehab is 50000. My closing costs are 26000. This seems really high to meXCan this amount increase after closing? $81,304.75 NO NO NO12% $836.31Does...
David V.
Expensing vs. capitalizing - new property
Hello fellow investors, I have a question regarding expensing vs. capitalizing expenses incurred before the property is advertised for rent. I have purchased my fifth rental (new construction) and need to buy fridge,...
Ellen Womack
Itemized Landlord Letter of Damaged Property (Security Deposit)
Where can I get an itemized letter of damaged property as it pertains to the security deposit? I've combed the internet for NC. What am I missing?
Sam Va
Tax Return Questions
Hello Experts - I'm new here, just started renting my property. I have a couple of questions and would appreciate if someone can help:
We lived in our rental property until August 2023. Regarding Tax, Insuran...
Joey Wang
"Adjusted Basis" calculation
there seems to be a couple of ways to calculate Adjusted Basis. One method takes into account Costs of Sale. The other method takes into account Acquisition Cost. My question is, which should Adjusted Basis take into ...