Hi Everyone,Can you please share a time that a deal did not follow one of the rules of thumb (2%,50%) and was still a good one? I have taken the beginners course here on BP and read about these RoT and everyone says t...
Hi everyone, I purchased a 2 family in Malden and going to work on renovations. Will be buying new floors, drywall, cabinets, etc. Does anyone know where or how to get bulk pricing for as an owner-builder? I'm looking...
I'm trying to wrap my head around this process. I've found some points (quick Google) that show the requirements for permits, however I'm unclear as to WHEN.Before any demolition? after? Any requirements after contrac...
Hey folks,I've been binge listening to the podcasts like there is no tomorrow. Literally, I don't even listen to music while I workout anymore. Instead I'm blasting through material at a time and half in an effort t...
Setting REI goals is great, but I'm looking for easier ways to reach them. In other words, I'm looking to work smarter. I seem to get bogged down at one to two deals at a time. How do you scale up when you're one-pers...
Hello BP family!I recently completed my first flip in the Philadelphia area and learned many valuable lessons! I am on to my second one but my question for any out of state investors are what advise you can give on ge...
Let me start and people can add:1. Deeding a property in their personal name to a LLC.Why, because you now have additional costs and are getting no asset protection since your LLC didn’t buy the property (and 99% of t...
Hey Guys, I partnered with my college buddy on a flip, I've been researching and looking to get into it on my own. He recently purchase a nissan tundra because he said it saves him money on picking up materials and qu...
So the big question for a lot of newer investors and some experienced investors is how to make sure you keep a good contractor as well as your investment and personal interests safe? Well, there are a few different wa...
New Chicago house hacker here, moving in and starting with a bathroom gut in my own unit. Doing as much of the work myself as I can. My 3-flat was built in 1905 and "rehabbed" in 2006. Should I get my materials tested...