Overview of the numbers: Purchase Price (Cash Sale) $31,500.00 Closing Costs $2,019.02 Rehab $29,800.00 Mold Remediation $1,950.00 Furniture Cost $1,200.00 ...

Good Evening! Long distance real estate investor here. I am currently living overseas and I have a 3/2 located in Albuquerque, New Mexico. Current tenants have been there for 13 years. They are coming up on their next...

Hi,I purchased a house recently and my property manager did make-ready repairs in it. Nothing serious (not a fully-fledged rehab). There are a couple of issues with it, though, and I want to understand how you would r...

Hi,

I am having some confusion on how to develop a working relationship with a contractor, so I am hoping someone here can help me. As I work on expanding my business, I am working with a contractor who just finished...

Over 6,000 posts and A LOT of podcasts later people still do not know how to find a GREAT contractors.Raise your hand if you want one!There is no need for a lengthy post short and sweet makes it happen.I am a contract...

Hi everyone I’m in the middle of my first flip. I locked up a single family home (roughly 2600 sq feet) with 5 beds and 3 baths for $454,000.The ARV for the area tells us we can probably sell the house for 685-700k on...

so i was reading this http://www.biggerpockets.com/forums/67/topics/21771-gut-rehab-costs and got the definition of a gut rehab

"A major restoration project on an old house or other building, ripping out ...

I have just established an LLC for my SDIRA. The purpose is to use this LLC to buy and hold a SFR rental. I intend to manage the property myself. Are there any restrictions against using a credit or debit card with th...

I've owned rental property for over a decade, and have learned some tips and tricks from experience, forums, books, and friends.  I no longer manage my own properties.  I've hired a property management company, and ju...