Approaching the end of my first BRRRR (rehab to be done in 2 weeks) and I'd like to reward my contractor with a cash bonus; I'm wondering what an appropriate amount of money is to give him. Percent of the rehab amount...
The rental property I will be closing on this month has floors that don't look great, but are not terrible. It is the type of laminate that is made of particle board. The edges of some of the planks appear to be "puff...
My wife and I are looking to buy our first rental property. We found a property we like in a great location and it has been mostly renovated already. It will still need some work but we have a trusted contractor. I w...
I know we've thrown around the term "influence" the appraisal or personally I like "assist" in the appraisal process, but this article is EXACTLY why I like to pull my own comps.
http://www.housingwatch.com/2010/02/0...
Investment Info:
Single-family residence fix & flip investment in Farmington.
Purchase price: $35,000
Cash invested: $120,000
Full remodel on a old Victorian style home. took months longer than e...
Investment Info:
Single-family residence fix & flip investment in Pasadena.
Purchase price: $130,000
Cash invested: $125,000
Sale price: $389,900
This was my first home I purchased for me to ...
Hey guys, as you can probably see, I am new to the forums. However, I am not new to the idea of real estate and its vast potential. I am 17 with a small landscaping business doing about 7k a month in revenue and I can...
Hello all,I’m a overseas contractor who receives a 1099 but want to dice into real estate. I was recently told by a co worker that in order to obtain a mortgage a 1099 contractor has to have 2 years of employment befo...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $190,000
Cash invested: $40,000
Sale price: $293,000
Popular, centrally located neighborhood in the Uptown area...
This could seem like a silly question, but I am going to ask it anyway to gain a better understanding of how a HELOC works. So….If a HELOC is a line of “credit”, what’s stopping me from using my personal credit lines ...