Adam Peacock
Sourcing a loan for a BRRRR Investment
Hey folks,I am stepping through a multi-family BRRR investment with 5+ units but trying to make heads or tails of the lending options that serve this specific use case. I understand the final cash-out commercial loan ...
Riley Hoffman
Estimating Repair Costs for Fix and Flips
When going to Home Depot, Lowe’s, etc. to find out the repair estimate for a fix and flip. What are some good questions to ask? Who do you talk to at the store to get the answers? This is for all types of properties. ...
Jason Malabute
using contractors properly
One of my biggest fears is getting ripped off by contractors, them stealing my money, rehab cost exceeding budget . However, I realized to maximize my returns I need to consider distressed properties as an out of stat...
Dante Moore
Paying a General Contractor for a Scope of work
I'm new to flipping and wanted to know should I be paying a general contractor to provide me with a scope of work? I have a potential deal on the table and my lender is requesting a scope of work. So I went to a GC ...
Rob Lee
Best approach for estimating repairs
How should repairs be estimated on a potential buy:1. Bring a general contractor with you to give an estimate before purchasing.2. Bring different contractors for each area of repair before purchasing.3. Get an inspec...
Bruce Gibson
10, 20, 30 Rule of Thumb Method
I recently stumbled upon something a contractor said on Facebook. He was stating to find the potential repair cost you must multiple the square foot by 10, 20, or 30 ($10 sq ft for a basic facelift, $20 sq ft for a mo...
Sameerah Baker
Unauthorized (?) Storage
My tenant has a boat in the yard. This is a single family residence. It has a smallish driveway (1.5 cars deep) and smallish yard. The boat (which is not covered) is at the far back of the driveway but since the yard ...
Steve Babiak
Push fit PVC plumbing connectors
see link for Orbit brand push fit PVC connectors from Home Depot (similar in concept to SharkBite):http://site-668230.bcvp0rtal.com/detail/videos/wee...The big plus for the push fit connectors is that they can be used...
Doug Smith
More Information When You Ask Questions, Please
As do many people on here, I love helping and answering questions if I know the answer and can truly help. That being said, I notice a lot of questions are so general that it is tough to give good answers. Just an ide...
Alan Walker
Investor Tip: Bathrooms: Total Rehab or Touch Up?
One question I'm often asked by sellers and fellow investors is, "should I rehab the bathroom". And while I'm not a lawyer, I'll give you the standard lawyer response: it depends.As with most things related to an inve...