Brady D'Hont
Payment agreements with contractors
Hello,What are most peoples terms with contractors regarding payment plans/schedules? Obviously they vary, but from an investor side of the table what do people shoot for? Thx
Graham Nash
This is what my $23K seller financed SFR looks like after rehab.
I just completed the rehab on a 3/1.5 SFR that I purchased through seller financing. purchase price $23K10% down, 12 payments- based on a 5% interest rate, and amortized over 20 years. A balloon at the end of the 12...
Ashraf Eldabh
Insurance Crisis Florida
I'm about to start investing in direct real estate in florida which traditionally have been a hot market but I'm worried about the insurance crisis affecting the market and cash flow. What do you guys think?
Chad Mercedes
Self Rental Renovation
Hello
I recently have a rental property with tenants for over 8years. The wife and I are looking at performing the BRRRR strategy. I’m a tradesman that works for a contractor and have 20years experience in Reno’s and...
Zaid Badabwan
203K mortgage and renovations
HelloI have made an offer to a property using 203K loan to buy and renovate the property. I have come to know that the contractor should be approved, and I have some questions:1. Can I take only the purchase part of t...
Patrick Britton
Smartest (and dumbest) areas to DIY
Hi,Looking at a fixer upper needing everything (let's assume), what areas could be best done by the owner? My personal opinion is that a lot of the demo could be done by the homeowner, as well as anything else that's...
Ken Swearengen
Humidity causing issues in SFH --what do I do?
I have a rental property in Kansas City (I'm out of state) that I purchased from a turnkey company. I've had a good experience with them; they've paid for a couple issues that they missed when they turned the property...
Ann Smith
Invest in European Property?
Is it a good time to invest in Europe?
One of the quintessential European cities would be Barcelona, Spain. Although we can find other interesting cities to invest in such as Prague or Berlin.
At the moment, the rea...
Cody Barrett
Updating takes time
Hello everyone!Not a question but just a general post.. I am doing some minor renovations to my 1st property and what a learning curve. I really haven't done much but the time it takes to simply paint cabinets alone ...
Adam Broussard
First Deal: Historic New Orleans Duplex Renovation
Investment Info:
Small multi-family (2-4 units) buy & hold investment in New Orleans.
Purchase price: $265,000
Cash invested: $9,000
Currently renovating this historic duplex. We will live on one...