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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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So I remember in the podcasts a few guests talking about learning the hard way when dealing with contractors. Losing money, dealing with mechanics liens, etc. They all mentioned that the more signed documents you coll...
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I'd like my lawyer to add a clause in the GC's contract stating ALL (or majority) materials (ie cabinets, stone countertops, vanity, appliances, flooring, ceiling) are to be purchased before rough inspections.. is thi...
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It’s like they’re using the cheapest materials (not accounting for the continuing skyrocketing costs) and having illegal undocumented workers come in and magically get the work done in record time.
All that time, ef...
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I am curious if any landlords out there can give me some guidance. My rental unit is currently vacant and needs a paint job prior to the new tenants for March 1st. The property management company got me three bids r...
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I am an investor in a small town in a rural area ( Jackson Ohio ). Very busy with a full time job and my personal property management skills are not so great. I have tried local realtors, and a few other individuals...
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Am about to bid on a project larger than my capacity, what do developers require if I bid $xxx,xxx and will put 30% DP upon NOA or NTP. I have never worked with this developer so I am anxious to put the 30% DP on my p...
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Investment Info:
Townhouse buy & hold investment.
Purchase price: $185,000
Cash invested: $45,000
This is a townhome purchased as new construction.
What made you interested in investin...
I’m buying my first flip. I have the money but not a ton of connections or knowledge of construction trades. I have a guy who’s in the business who offered to supply labor and marketing for a 50/50 split of profit if ...
We are looking to build 2 8 plexus in a town of 9000 with current 100% occupancy rate in Nevada. The market is screaming for multi family and we are hoping to answer the call......as soon as materials costs drop. The ...