Hello BP community, I have a question about a roofing invoice. I had 2 roofing bids for a complete tear-off with a new TPO roof. I got a bid for $27K and then I asked another roofer to match it, which he did. I chose ...
Greetings Bigger Pockets,My Name is Charles T. Kimbrough I recently moved to Big Sky Montana and have been trying to get a property under contract. I was able to start a real estate partnership with the owner of a pr...
I am an experienced Realtor but beginner in flipping ways and have a seller who wants to fix a condo he has owned a while to sell. It is vacant. He doesn't want to sell as-is (I've tried but he doesn't like the number...
Never in a million years would I think about “using my home as a credit card,” as some like to say. I am seriously considering looking into getting a HELOC (or similar) on my primary residence in order to use the mon...
My wife and I found what seems like a killer deal near where we grew up, we now live 8 hours away. The house is a duplex that is currently rented for $1200/month per side and the asking price is $120k. The only thing ...
So we all know we should be separating money out for things like Vacancy/Maintenance/CapX/PM but I've never heard anyone discuss what system they use for monitoring their funds.What do you do?? Seperate bank accounts?...
I have been informed of investor opportunity to invest in New construction condo project. He wants to raise $20M through investors and remaining $30M will be through bank financing . He is asking each investor to in...
Hey Bigger Pockets! So I'm looking into investing out of state in Kansas City. For C-class properties, what percentage of gross income would you budget for CAPEX?Obviously this is pretty subjective, but so are a lot o...
Hi All,
I am trying to work the numbers on a deal that I am interested in and am curious as to what Capital Expenses I should average into my long-term costs? For example: if the roof is already in good shape, should...
I'm quite new to real estate investing, and I have 0 experience with remodeling. In fact, I'm clueless when it comes to the ins and outs of construction, so I'm planning on relying on general contractors for my futur...