Jacob Messer
BRRR method in action; Indianapolis duplex
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $90,000
Cash invested: $105,000
Sale price: $245,000
Our client came into the project as the owner of th...
Glen Z.
Self Directed IRA owning LLC
We are closing on a South Alabama MHP purchase this month, and forming a separate LLC just to own/repair/rent/sell the mobile homes. I am wondering what issues I might have with my SDIRA owning 50% of the LLC. We are...
Sam Chicquen
Starting Out With A Full Time Job!
What's up everyone? I'm currently a full time apprentice trying to acquire my mechanics license. For the past 8 months I've been non stop reading & educating myself from 5pm to 10pm, most weekends I stay inside an...
Elvis Vasquez
Miami Foreclosure process (from courthouse auction)
Has anyone here completed one of the courthouse foreclosure auctions before?If so how was your experience in dealing with the remaining mortgages and the over-all process to clear the title?Also how did you deal with ...
Chad B.
Can a Tenant Lein a Property?
If a tenant moves out of a property after his lease was completed and the landlord refused to return the full security deposit due to "dusting and cleaning of the apartment" is it possible for the tenant to file a mec...
Jasper Cooper
How do you hire your kids?
Hello,After hearing about it on Tom Wheelwright's podcast, I want to hire my daughter to help out with our real estate business. She is a mature 7 years old, and would do great at cleaning the hallways and common are...
Jordan Archer
Second Fix and Flip Deal
Investment Info:
Single-family residence fix & flip investment in Port Saint Lucie.
Purchase price: $166,000
Cash invested: $15,000
Sale price: $238,000
Port Saint Lucie, FL - Fix/Flip.
...
Account Closed
What needs to be considered when renovating a house?
Renovating a house involves a multitude of factors that need to be considered to ensure a successful and well-executed project. Here are some key aspects to keep in mind when undertaking a house renovation:
1. Budget...
Rob Dowsett
Inherited Tenant Issue ... Please help
We have a tenant that we inherited when we bought a property in Hamilton, Ontario. The tenant has been in the unit for 5 years, and is currently month to month. The following issue has arisen with the tenant recently ...
Luis A.
Is this a good flipping plan?
I have come across an REO that is in excellent condition with comps selling for significantly more. The house would need basically no work other than cleaning and staging (1 week).
(It's a FNMA so this is assuming I ...