Alejandra Roca
Insurance Replacement Cost
Hello, We are looking to buy our second investment property in Missouri. Our first property was a 4-plex, and it was purchased through a conventional loan. Towards the final steps of the process, the lender indicated ...
Willis Seng
Estimating renovation costs
Ok, well... Ive never flipped a house before, I have no idea what supplies and materials cost, and I dont know what's a good price for a decent contractor. How do you guys figure out this cost on your first flip?
Account Closed
Help With Mobile Home Repairs PLEASE!
We just got our first mobile home deal, and are looking for some guidance on working out the logistics of doing mobile home repairs. We are to instruct Contractors/handymen that we solicit to NOT include costs of ...
Matt Pulkrabek
Open Door Capital and K1 Investment losses
My question is regarding passive real estate losses. I am a real agent and investor, therefore I am considered a "real estate professional" for tax purposes. With that being said, my accountant has always allowed ...
Wendell Butler
Cost to Build in Worcester, MA Currently?
Hello!I am currently in the process of subdividing some land I have to build to rent a 2-4 unit in Worcester, MA on it. How much is the cost to build currently in Worcester, MA on average?Also I am a newbie at this, b...
Account Closed
Wholesaling estimates on repairs
I'm just starting my real estate wholesaling business and curious about knowing what's the best approach when doing estimates on the repairs? Considering its a big deal when negotiating and trying to find a end buyer ...
Nancy Wang
Best way to let contractor access funds to buy supplies
Hi smart flippers,When you have a project going on and your contractor needs constantly buy supplies from HomeDepot, and you cannot accompany him to the store each time, how do you handle the situations? I heard you c...
Mathew A.
Are these repair costs too much?
Repair 2 windows (replace the glass)
Install 4 vertical blinds
Install Smoke Alarms
Replace front/back door locks
Clean inside and outside of the house
Total estimate including labor and materials $1250.00
I want ...
Joe Edwards-Hoff
Writing Off Improvements- Safe Harbor
I just read this article here and I wanted to confirm the info-https://www.nolo.com/legal-encyclopedia/small-taxp...So, it sounds like I am able to write off some of my improvement expenses, as long as it is less that...
Danielle Friberg
Favorite Places to Get Materials
For all the fixer and flippers out there in San Diego, where are your favorite places to get materials at a good price in San Diego - flooring, tile, doors, windows, fixtures, etc? I have found Window Depot in Nationa...