I'm looking for some collective wisdom to chime in with their own experience on this. I want to give my rehab crew all they need to get the job done but want to protect myself by ensuring the final draw is large enoug...

Hello everyone, I recently found out about BP from watching videos about real-estate investing on YouTube. I must say, this site is incredible! I've been listening to the podcast, attending webinars, reading books, an...

Need help!What are some ways to finance the rehab part of the project? If hard money? Please let me know what lenders do rehab only loans

Hi all! My name is Amir, I joined BP about 5 years ago when I first got interested in investing (back in Boston). Over the past 5 years I have moved to Austin, bought a house in the South Lamar area and got married. M...

Some contractors have pretty detailed scopes and contracts, including payment schedules.  Is it unheard of for me to add an additional contract that only outlines the payment structure?  This way I can include penalti...

Hello Investors- 
Finally closed my first investment property! After several months of different prospecting I've decided to read more learn more and now I am going ask all you all. If you had to recommend a reasonab...

As a newbie in the real estate business, how do I verify a contractor I just found in an online Forum. What should I be asking them besides "Can you do some remodeling work?" before I work with them?

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $72,000

Cash invested: $6,385

Contributors:
Mark Sewell

This is a 1,423sqft 3bed/1.5 bath buy and h...

I feel like my contractor is holding me hostage. What is your trick, tactic or method to get them to speed things up and get done? He always has a reason for the delay.

I am a mid-size land lord with fewer than 50 units.  Mostly older, SFH in Class C hoods.  I describe Class C as "nothing fancy, but it's clean, safe, everything works."  All are within a 20 minute drive of my house.I ...