Jairhad Hemmons
Starting out with a layup?
Hello,
Long time lurker, first time posting...
My grandfather recently passed, leaving his house to me. It’s completely paid off, just taxes due. Needs a ton of work, new furnace, interior, etc. Would I be better of...
Jay Lipshez
Beginner to real estate but not contracting...
A quick synopsis about myself, and my current business... I am 32 years old and one of two partners in a (mostly) residential building and remodeling company that is in its 4th/5th year of life. We have been succesfu...
Justin Elliott
Hotel Conversion Project
Last week we closed on a 32 unit hotel that we are converting to an apartment building in Craig, Colorado. It's a joint venture with a few partners with one partner handling the bulk of the workload when it comes to ...
Rohan J.
What are all the materials you use to save money???
Hey BP - I don't think I've seen a comprehensive list on this forum, so I wanted to outsource this question to the community to see what works best for everyone.I buy rentals in the Midwest in C+ to B neighborhoods, a...
Brigitte Garrett
IRS classification of Maintenance costs
Hi All,Under the current tax laws is interior painting considered maintenance vs repairs?What about roof maintenance (replacing a few shingles)?I would like to have document references to support classifying these two...
Corey Dutton
First Rehab Flip By Former Contractor
In the Spring of 2015, a newbie real estate flipper named Terry approached me for a loan on a rehab. Formerly a contractor, this real estate investor desired to enter the “flipping” space and had identified a great ca...
Luis Rubalcava-Cunan
Complete Rookie Looking for Advice on First Deal
I'm a medical student who has been sent home due to coronavirus. This means that I am living rent free at my parents while collecting $4,000 a month from unemployment. In looking for a way to invest the money I came a...
Colette Thompson
The other end of RE investing (seller)
Three years ago, I sold my parent's home to an RE investor. He paid $3500 upfront and was to pay an additional amount at the end of this month. The home was in terrible condition (interior hoarding) but he also ran ...
Dominic Seeker
The Wyoming House - Our Second Investment Property.
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Saint Louis.
Purchase price: $160,000
Cash invested: $15,000
111 year-old french style duplex in The beautiful and trendy ...
Brian M.
Growing Pains and Engineers
At what point do any of you bring on designers in your flips? I'm an investor in Phoenix, AZ. Our company's just under a year old and we've tackled some ambitious projects already. We're just now crossing a mileston...