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Hello, Why 65% or 70% of ARV? What is factored in that %, because repairs are factored in after you take 70% from the ARV?So if i offer a seller 70% of ARV and they ask why 70% what do I tell them? "Because its rule o...
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I hired a contractor who left his workers unsupervised, they painted the whole house but did a terrible job because the paint didn’t stick. The contractor tells me I should’ve gotten better quality materials and wants...
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We are about to enter our first BRRRR deal. It is expected to be around $95k all in, with an ARV of $140k. We are buying with cash and want to do Delayed Financing when the rehab is complete and tenanted. The issue...
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So I moved back to Toronto to take care of my various real estate strategies/assets/companies, and of course I reviewed all the products we do - flipping, multifamily, buy and hold etc. My jaw really dropped - a 7900 ...
Any recommendations on great tax books out there (for non-tax professionals)? Whether real estate-specific or not. Understanding your wealth, specific steps to minimize your taxes, and reducing the impact of taxing th...
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So I've been looking for deals in the Washington DC, Baltimore and Richmond VA area, and I've spoken with a half a dozen other investors nationwide, and the theme seems to be the same:NO ONE SEEMS TO BE FINDING ANY DE...
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One of the aspects of the real estate industry that interests me is the abundance of niches. I'm excited by the different ways in which entrepreneurs can pursue opportunities in this industry. I'm interested in expl...
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Yesterday we received amazing news around 2-4 unit financing for house hackers!
This change will take place on November 18th and allow for clients buying a 2-4 unit owner occupied property to only put 5% down.
Mai...
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You know, I was just looking through some links when I found something online about 'virtual wholesaling' and I couldn't help but seeing something that kinda nagged at me.I think that coming from the internet marketin...
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I have a property worth around $250K that I paid $104K for. I am considering selling the property and doing a 1031 exchange. I am interested in using the proceeds to buy land, which I will then get a construction loan...