Brad S.
Build vs Buy & Renovate mutifamily in California
On moving from Bay Area to Sacramento the multi-family market here looked a lot better, but after analyzing a bit more I am realizing that the cap rates are not significantly different and come along with a reduced ap...
Brant Biba
Tuckpointing in Chicago
Hey BP community! I purchased my first 2 unit in Forest Park a couple weeks ago and I am in need of a good tuckpointer in the Chicago area. I had one of my broker's guys come and look at the facade of my property, and...
Chris Mooney
Estimating Renovation Costs During Deal Analysis
Hi all,
I've been spending a lot of time analyzing deals in Excel, just pulling random listings off of Zillow or Realtor.com. The trickiest thing for me is to estimate renovation costs going into a property. I have...
Will Buscher
Do I need to submit 1099s for contractors on a house I rehabbed and sold but had intended to rent?
I have two rental houses and one I purchased to rehab and intended to rent out, however, I decided to sell that property.
I've read through the instructions for the 1099 and know that landlords aren't require...
Robert Tinker
How do you pay your contractors?
Just got my first deal. Now we are ready to renovate. Is it customary to pay contractors anything up front? Most bids came in asking for 50% up front and 50% upon completion.
Joe S.
What to do when a contractor pulls a huge number out of the hat after the fact?
So we got a call from our property manager and said that the toilets were backing up. She sent a reputable plumbing company out and they gave us a $9000 bid to do excavating, repairs, etc. due to some roots getting ...
Gabriel Manson
How to start home flipping without much capital
I would like to get into to the real estate market/house flipping/renting. I’m lacking capital and looking for advice on how to get into this thriving market. I’m very versatile when it comes to work and labor. I’m su...
Adam Scheetz
My partners insist on paying me. How do I calculate my worth?
Good Day Everybody,Before I ask my question, I’m going to provide some context so hopefully what I ask makes sense. I was asked to be a part of a team that flips single-family residential properties in the Atlanta mar...
Wes M.
Under Contract on first STR - Oak Island, NC
Hi all. My wife and I decided to move from the LTR to STR. We recently sold an LTR and had been in the market to purchase a two or three long-terms or small multi. But based on the numbers, the STR seems to be the bet...
Samantha M.
Learning to Estimate Repair Costs Accurately
To find a great property it requires two things: accurate ARV and precise ERC. When learning to estimate ERC correctly I was thinking the best way to go about it is to find active rehabbers at REI clubs, see if you ca...