I've been using college kids, just out of college, stay at home mom's, etc to work on our crew to help fix our flips. We subcontract concrete, roofing, and exterior painting, siding, windows if we are doing the whole...
Just watched this show with my wife last night. It made me think of the quote the rich get richer but I'm still pretty skeptical. The show basically went as follows:If you have 300k cash to spare go buy a foreclosure/...
OK so going to post as one of the HATED contractors!
First as explained on the podcast there are three tiers of contractors.
The cheap....Probably one guy with or without a license who works for foo...
My very first deal:Purchase price: $205,000Down payment: 11% + 2% closing costsHouse Type: Single FamilySqft: 678 (WHAT? This isn't even a tight market nor a great neighbourhood. How did I get sold this crap lol)Locat...
Double closings using the Dovetail Method. Can anyone explain why this is good or bad. How does it work? Thanx, Herbster
I am living in a market (Marin county cali) where everything is going for well over asking, some of them 200k over! I am a newbie and it does not make sense to even start here when everything is over priced. There are...
I thought I would post a recap of my first flip, a deal I thought was a slam dunk but didn't turn out to be in the end. The house directly next door, which was identical to mine, sold for $105k earlier that year and t...
I can't count how many times I have heard that:$-credit doesn't matter, it's the deal$-no one checks your credit in this game$-It's so easy to find lenders no matter your credit history$-Hard money lenders care about ...
I am getting to be “too close” to this deal so... would you invest in this?
I’m already under contract but can back out during due diligence.
-118k price
-7.5k closing costs (so high!)
-20k repairs
= $145k all i...
We have worked hard to build our relationships over time, with owners and investors, and we are even expanding. We have done this by evaluating workload, and setting fair Property Management rates with our owners, on ...