Jim Goebel
IRA strategy - checkbook control, flips, then 72t?
We had a conversation with our CPA today and in the course of that a few 'new' ideas came up.I'm wondering for those that have utilized checkbook control for a business under a self directed IRA, then for instance don...
Troy Langbehn
Owner of commercial property
looking to do some work on a commercial building . I am not a contractor , but some of the work I would like to perform myself adding facia , some plumbing , some roofing. The city states I need licensed contractors ...
Dave Smith
Advice on Starting out at 21 years old
Hi all,
I am looking for advice on trying to figure out the most financially efficient way to get into real estate investing. I am an automotive mechanic currently making just shy of $30hr. I have about 35k saved up...
Stu Bennett
Selling my first flip but it’s got foundation issues
I have a home built in 1947 on a dirt crawl space with very little clearance. Original part of house was a cottage with two additions built on each side but clearly has settled and original floors are not level. I was...
Kyle Fitzpatrick
Rental property analyzer
Found a deal in Springfield IL in a good area. Triplex with rents for 700 each, property taxes of 3,500 per year. I would like to live in one unit and rent out the bedroom. What would you offer for this place? Off mar...
Amy Hu
Help-list says boiler intact but actually broken, lesson learned
Hi-We bought a property last year in Cleveland and did heavy rehab on it.The original listing says clearly that "boiling system intact" . Recently my contractor reported that the boiler is totally not working and need...
Igor Stankevich
Renovation in Charlotte lagging behind
Hi everyone, i need some help here to understand how to proceed.
We are doing a major house renovation, for the purpose of renting out. Location is Charlotte, NC. We hired a GC, who is managing all the work.
We star...
Gaby Liu
📢 Seeking Advice from Fellow Investors 📢Contractor issue
Hello fellow investors,
I find myself in a complex situation and would greatly appreciate your expert advice and insights on how to proceed. Here's the issue:
I recently hired a licensed contractor to work on a proj...
Marc Shin
contractor is threatening to take me to court
I've been working with a contractor on some renovations and they are threatening to take me to court. We do not have any signed contracts in place. What we have is a good spreadsheet with a list of tasks, and as the...
Trevor Murphy
Hoarder house scope of work?
Hoarder house for sale in the Seattle area as a cash only deal. $450,000 is list
Pictures are from the sellers realtor
Let me know what you guys think for SOW (scope of work)