Hi, I'm on my first flip and have all these great and expensive ideas. I'm not sure which ideas are worth the money though. For example, I could just refresh the kitchen with all new hardware or I can open up a wall t...
Just purchased single, out of state, property for STR. We reside in WA. STR in Boise, ID.
As a married couple do we set up LLC or run expenses and income through our personal names? This is in regards to banking and ...
Hello all. I’m looking to connect and share with storage owners/ operators in SW to central Ohio or elsewhere. I’m hoping to find or share the expense of an air tight lease agreement and (auction process)for Ohio. I...
I just finished reading Part I of Brandon Turner's new Multifamily Millionaire book (great book!) and am wondering if anyone can answer a very small clarifying question that came up when I was checking out the calcula...
I'd love recommendations for software that can track budgets for rehabs, as well as actual expenses. Bonus if it is software made for rehabbers/the construction field. Some additional context-- we perform rehabs for o...
I need to see if anyone has any insight into this. My DTI score is at 48% high for a couple of reasons. 1.Husband has hourly job with required overtime and bonuses. Only base is looked at which leaves out (rounded ...
I know flippers sometimes write penalty phrases into contracts ("must complete by XXX or pay $/week/month"). Do you ever pay your GCs extra when they get it done on time or early? Or, are they being paid to do that al...
I've been working with a contractor on my first 4-plex. They are doing nice work but they are moving slow. Do you have any suggestions that I can use in future contracts to speed up the process?
Good morning,
Thanks for taking the time to read this and help me wrap my head around this.
So with the recent legislation, my understanding, is that there is a 26% federal tax credit for the purchase AND installati...
Has anyone ever flipped in either Puerto Rico or the Bahamas? What was your experience like and did the process take longer than in the States? I've heard it can take almost double the time to flip there than in the m...