We are just about to complete our first spec home - a $650k single family ranch style home with 4 bedrooms and 3.5 baths. I always wanted to build new and despite my almost ten years of remodeling experience there wer...
Newbie question alert!
Say I've negotiated a selling price with a motivated seller, and the exit strategy is to wholesale the property via a double-close.
Do I use a standard Real Estate Purchase Agree...
Hi tax pros - I have a question about REPS status.First, selfishly, do you believe that my job as CEO of BiggerPockets, which I spend obviously spend essentially all working hours on, and dwarfs activities involving m...
I'm sure this is a frequent question, but I cannot find an adequate answer. How do I factor in that manufactured homes depreciate vs the appreciation of a stick built, or is that an inaccurate concept? I am looking at...
I am in the process of deciding whether a potential flip in southwest Connecticut would be likely to be a good return on investment and one of the major hindrances I foresee is the heating system.Right now, the heatin...
Hey folks, This is my first question on biggerpockets. I am selling a property in Bay Area California. Buyer wrote a clean offer (waived all contingencies) on day 2 of the contract. buyer was supplied prelim title rep...
I have often read people post things like, "Lenders shouldn't charge upfront fees...if they do, RUN!" And for a period of time I seemed to agree with this. I have to say, I no longer do. Full disclosure, I work with...
Top of the afternoon BP family,
I’m a newbie who recently came across a formula on how to budget for CAPEX. It says that I should take the cost of the repair and divide it by how many years it will last and divide t...
Across the forum, we talk about ensuring that you maintain your reserves... but how do you actually manage them on you own the properties? This question is for the properties you plan on holding. If you are flipping, ...
Hi All,
I am project managing my construction crew on a house flip. The investors have been very difficult to work with from the very beginning with grinding us down on our prices to a very very slim profit margin (a...