Arthur Banks
Finally closed a 203K loan and it has been a long ride...
I posted this elsewhere but thought it might be good to post here. My hope, like most others, is that it helps someone else to not give up no matter how frustrating. So, here goes.... I saw the property, (2 unit 3BD/1...
Orlando De Los Santos
Wholesaling Process and Procedures. Feedback needed :)
Hey Everyone,
I have been learning and researching how to go about setting up my wholesale business and launching it in January 2022. I would like to get your feedback about the information I've compiled to do it th...
Nichole Gabriel
Estimating Rehab Costs on wholesaling deals?
How can a newbie do this without hiring estimators each time, and making the process cost prohibitive?
Jennifer Jacobs
Contractors requesting deposit - is this standard?
Hi Everyone,What do you do when your contractor asks for a deposit?My partner and I have always done our own rehab. The next project we are working on we can’t do ourselves and are looking to hire a contractor.We’ve ...
Zoe Lee
Contract with water damage co still valid after denied coverage?
We had sewer water backed up into a multiplex a couple of weeks ago. Our PM sent a water damage company onsite to extract the standing water on emergency.Later the company called and asked me to sign a contract so the...
Tyler Stump
Tips for a young Entrepreneur
Hello, My name is Tyler Stump, I am a graduating 2021 senior in a Tampa, Florida high school graduating in a week. Starting around January 2020, I’ve invested hours of my time studying up on real estate and already st...
Ellie Perlman
Tips on Becoming a Full-Time Investor
Ok, so first of all...
The Two Types of Full-Time Real Estate Investors
Generally speaking, there are two types of full-time real estate investors: the passive investor and the active investor. A passive investor ...
Tim McKinnon
Knob and Tube Fun in our First Duplex
Hi Everyone,My wife and I recently bought a duplex and during the buying process we specifically asked a number of times about knob and tube in the house and were promised that there was none active in the house. We ...
Erica Nagle
Not using a GC?
We have our first project that will be closing in a couple of weeks. We learned the hard way that finding good contractors can be a challenge. No offense to the contractors out there! We are finding that many of the c...
Pete Perez
Quoted $3500 for repairs in bedroom. Seem accurate?
Hi Everyone,Quick question: Does $3,560 seem reasonable? Was talking to a GC and he quoted me that price at around 50 man hours. I don't think its unreasonable, but just curious what BP thought.Scope of work: Install ...