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Hello everyone, here are some pics from my first rehab experience in Orange County. Fortunately for my wife and I, we feel we were very fortunate to have a smooth experience and not too many major issues. It was a p...
I’m in escrow and today I almost got scammed out of 1 million dollars +.A scammer intercepted some emails and pretended to be the escrow officer from the title company. They sent me wiring instructions for over $1 mil...
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Hello all, I recently started investing in real estate which is probably the greatest decision I’ve made. I reside in Orange County, California and rented my primary home which I’ve owned for a little over two years n...
Hi everyoneI'm doing some pre analysis on some houses and it seems to me things are a bit expensive especially in terms of materials and labor. I'm in the NJ market so that is to be expected.I'm struggling with analy...
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So far i have completed 8 flips, 5 of which are sold, 3 of which are currently listed for sale, and 1 new flip currently under renovation. For the first 8 houses, i ran the jobs as the general contractor during the re...
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Hey BP,
So I just stated my first flip in Chandler Az! Super excited to hit the ground running. Contracts have been signed, closing is set to take place on the 20th of March. As an added bonus, the sellers sold the h...
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Hello all, I know the basics already that I need to secure financing, get pre-approved for a loan, do my analysis on some properties I am interested in and of course find a realtor and just check out some homes. Now s...
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Hello all, i'm comming in hopes for a little insight. A little back story. My wife and I purchased our home in 2008. It was built in 2006 so we are the 2nd owner's. We purchased it for $122,000. We also cashed in...
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Hate to be at this point again in the due diligence, but here I am. Ready to learn.
I'm under contract on a duplex (first deal) and after having inspections, I don't know if this deal is worth it anymore. I'd appreci...
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First some stats:
I have 6 going on 7 doors in the DFW areaI live out of stateRents range from 1400-1950 Per Month I pay 8% Per Month60% of first month's rent on new leases$395.00 flat rate for renewalsGetting to th...