Mike V.
Repair Cost Process?
When you go in to look at the repairs on a house, what is your process? Do you do it quickly like a rough rough draft? like price/sq ft? Then do you then come back and do a more thorough investigation? Also, how long ...
Leslie Beia
Tax Q's About a Co-signed Primary Residence
Hi! I've talked to 2 CPA's and have received completely different information, so I'm hoping someone here can clarify!I have purchase a SFH (with hard money) that I intend to live in and share with renters (house hack...
Sean Joseph Bates
Wrap Around Wholesale Deal
Hello All,
I have recently come across a Seller whom is allowing her property to go to Foreclosure, due to the stress. I would love to help this person out; however, I feel this deal is above my knowledge level. B...
Edita D.
What % of rental income, if any, do you put away for future repairs?
Hey guys,
do you put away (save) a certain amount of rent income for future repairs? If yes, how much? Do you have a separate business savings account for that?
Thank you,
Edita
Tracey Leung
Inspection Report - Structural Remarks
I am in process of purchasing a turnkey property (built 1969, 3 bed/2 bath for $139k.) The inspection report came back with some minor findings. There is a structural finding: "Unusual settling cracks and significant...
Donald Bandy
Country Club Condo Owner Maintenance Responsibility
How's it goin BP..... If you own an apartment type condo unit in a country club with an HOA what repairs are you responsible for ? Thanks for all your input!!
Cody Mitchell
Is accounting software needed?
Howdy all,My wife and I have two rentals that we just finished the BRRRR process on, and I was wondering how many people actually use an accounting software to keep up with things? I planned on using quickbooks, but w...
Karan Kanekar
Sellers never repaired AC even though part of renewed contract.
I recently bought a house in plano.I had a done inspection and found that the Upstairs AC was not cooling.I reported this to my realtor and asked sellers to repair it.Sellers never repaired the issue completely (they ...
Account Closed
Managing property management?
Hey folks. I am looking for ideas/strategies on how to best manage property management when one is OOS. Here's the issue: I've been with a property management company for the past 3-4 months. There's always something ...
Jonathan (JB) Borchers
offers over the phone, site unseen.
hey all,
i am still learning and adapting wholesaling principles into what works best for me, but i have a couple of questions for how you all like to operate your wholesale offers.
many people make offers over the ...