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Hello, Why 65% or 70% of ARV? What is factored in that %, because repairs are factored in after you take 70% from the ARV?So if i offer a seller 70% of ARV and they ask why 70% what do I tell them? "Because its rule o...
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Hey all, my wife and I are looking to start a short-term rental cleaning company. I have found so much conflicting information online about what is included, how much to charge, etc.So my question is: what do your cle...
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They countered by accepting my original offer with inspection. I received the two previous inspections done and one shows a lot more work that needs to be done than the other. My concerns are: -Some of the electrical ...
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Hi! My contractor is requesting a third of total renovation cost as down payment - but I've hired him for labor only (I'm providing the supplies etc). I would feel more comfortable paying a normal labor rate as we pro...
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Hey house hacking peeps, I wanted to share some of the biggest lessons I've learned so far with my wife and I's duplex house hack. 1) Finding the right property is VERY important for a house hack. In our situation, th...
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Curious to know what were some pitfalls that you ran into getting started in real estate, real estate investments or flipping and how you overcame it?
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I need to replace the washer dryer in my condo that I plan to rent (really just the dryer). Is there guidance that others use as to the quality of appliances that you put into rentals? My initial thoughts are to jus...
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Hi everybody, I recently purchased a home with electric hot water baseboard heat with an arv of $140,000 and was wondering if I should replace it with a natural gas or oil furnace? What have been your experiences with...
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Hey everyone. I am looking at a multi-family in Connecticut and the top floor unit has a furnace (forced air gas) that is located in the kitchen and right near where the stove is supposed to be located. Based on ...
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Hi flippers! I'm seeking advice on the most efficient way to estimate rehab costs for multiple properties. What are your current price-per-square-foot rates for low to mid and high-end rehabs? I'm specifically looking...