Taking into consideration the homes you have bought that are more new, as well as all roof materials you have encountered... All in all, how often would you say repairing the flashings/gutters etc. was not enough and ...
Down Payment (25%?)Entrance Costs (lender fees) $2,000+Rehab Costs?Holding Costs ($3,000)?Exit Fees (8% or resale price)?Mortgage Payoff?
Hey there, I was just wondering, what are the total tax rates including self employment and all other taxes in NC on house flips? Thanks
BP,I'm an Architect. I'm good at that. I get permits fast and have nice designs. One of my clients is a developer and is good at finding properties and running the numbers (not good at that). I like that he is conserv...
Do any of you all have rules regarding offer price? Like 85% of asking or anything? I realize its depending on location and need. I also know about the 1 to 2% rule but was really looking at offer prices on what I am...
Hello all,A couple of years ago I invested in 14 single family homes in Birmingham, AL with my brother in law. I learned a lot in this process but need to recoup my money for other ventures. I have a 24% interest in t...
Hello all. I need a little insight. So, I am about to enter into a deal with a new partner for a percentage of equity in the properties in exchange for finding the deals. He has exhausted the on market deals for our a...
I have noticed a lot of cash or hard money buyers are taking months to get into a project. On the other hand I have experience first time buyers pull the trigger on the first property they see. It took that individual...
I talked to my broker he told me 15% is his personal goal when investing. Assuming you put Down 25%, He says if I invest 25k, then x .15 = 3750 / year or 312.50 per month. What do you think of 15% is this to low to hi...
Hi, we just got accepted offer for our rehab, do you normally put down 10% if so under what conditions to state in the contract?