Do most people who flip homes have a full time 9-5 job. By looking at the tv show it seem like most of the successfull flips have owners who spend a lot of time in the house making sure everything is going as it shou...
Hi folks!First showings today! 4 applicants applied. Looking for some advice on next steps! How do you do it? Is my proposed way good? I was thinking of reviewing all applications and putting in order of most qualifi...
Ok so I'm a new investor or trying to become one and be me looking at blogs and doing my research I want to get a loan (conventional or FHA Loan) but the requirements are 2 years of work income right there I have to s...
I understand that the "gold standard" is to ensure every contractor has liability and worker's comp insurance and that I have renovator's insurance on the rehab property.
That being said, what are your thoughts on e...
Hi Everyone, I recently had a last minute cancellation due to Covid (same day cancellation). I informed the guests that I would refund there cleaning fee because the cabin would not need to be cleaned. I informed ...
The saying goes..."where there this is explosive job opportunities, then explosive real estate follows." SOMETIMES THESE LISTS ARE BOGUS. For example, the labor index in 2012 said .."Des Moines, IA had explosive job ...
We have multiple jobs going on at any given time. Our employees are given instruction on which job site to work at for the day along with instruction on what to do. I cannot be at each site to make sure each employ...
I'm out of town investor, and I purchase a property in Cleveland, signed contract with a GC i meet on here, who was doing a decent job for some time, and I thought it was an honest guy. The time specified in the contr...
As a cash buyer, Would you buy a house with a tenant that has just filed for bankruptcy?The tenant is also 3 months behind on rent.The property is in Clayton County, GA.The current owner cannot evict the tenant becaus...
Accounting/tax questions:
Many of us know that in order to qualify as a real estate professional status, one of the things you have to do is you have to perform more than 750 hours of services during the tax year in ...