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Tenant request permission use the house for his consultancy work. He says that work involves people visiting him (one at a time) for some type of mental therapy. Our city's guidelines seems OK for this. The tenant is...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $220,000
Cash invested: $220,000
Bought this "shell" of a house; seller had passed away unexpectedly during the ren...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $220,000
Cash invested: $220,000
Bought this "shell" of a house. Heirs let it sit for a few years. Had gone under...
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Good morning all!I am eager to get started with trying my hand at some house flips, and one of my concerns surrounds contractors.How do you get contractors on board in a market where they are struggling to find enough...
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Hi All,
I am project managing my construction crew on a house flip. The investors have been very difficult to work with from the very beginning with grinding us down on our prices to a very very slim profit margin (a...
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I'm looking to buy general liability insurance for my LLC and also buying Renovators insurance for each property we buy to flip (overkill, i know, but I'm a conservative player. Let me know if I'm going too crazy!)
W...
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Hi All,Would appreciate some input on this issue. If one was to GC a new construction or a flip project (in NJ) would you need to take out a general contractor insurance policy or does the builders risk insurance pol...
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My husband and are aren't totally new to this (we have 3 rental units today) but are going to take REI to the next level. We are strongly considering partnering with another couple, a co-worker. My husband and I are c...
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Now this is the story all about howOur flip got turned all upside downAnd we'd like to take a minute just sit right thereWe'll tell you how we lost $60k on a $1.25M flip-turned-new-construction that took 2.5 yearsOur ...
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Hey fellow BP'ers,So I've been getting PM's about the new rules and though I would post since there is a common theme: What the heck are the actual rules?The first thing that us non-lawyers need to understand is that ...