I have a question for you appraisers out there. I'm working on putting together a deal where I build a new single family home and sell it. Right now, it seems very cost effective and profitable to do this using a pre-...
I have multiple flips going, all under one LLC taxed as an S-Corp, and have the accounting structured as follows:- One Quickbooks file and one bank account for each property. I could use one file and one bank accoun...
I know this has been posted in the past but wanted to know if anyone has done it recently. My goal is to get into RED from a sustainable standpoint and I understand that experience or getting started beats education a...
Hello. I’m remodeling a house for rental and I’m debating if replace all carpet for hardwood floor, even on rooms and closets. My concern is if it is a good idea to get rid off carpet, will it be appealing for renters...
Hey guys, Just hopping onto the forums again to attack the idea head on. I just want to hear everyone's first step(s) towards getting the first investment property. I have been researching and reading a lot on REI for...
Does anyone have any idea of how to efficiently make bedrooms compliant if they have no closets? I'm thinking wardrobe that we fix down in the rooms, but that'd wear out over time. Building closets, but not sure of th...
Hello, Im planning ahead and wondering how some of you have managed the rehab and your contract. Once you have the contractor/GC you are wanting to work with, how do you both set expectations of what will be done and ...
How much do you save if you choose DIY ?
Do you think 30% or 40onaverage? Some cases is it 50%?
don't have mega bucks to jump in with
one benefit of knowing how its done is knowing when someone is trying to ...
Hey everyone! I'm looking to hear what some seasoned investors look out for when touring a possible rehab or flip? What are some red flags that maybe a new investor might not think of? What are some things for you per...
Hello everyone!!
Today, I want to discuss the importance of the Sponsor Underwriting Process. Part I.
Introduction
Sponsor underwriting is a critical aspect of real estate and investment analysis. It involves e...