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Ok, well... Ive never flipped a house before, I have no idea what supplies and materials cost, and I dont know what's a good price for a decent contractor. How do you guys figure out this cost on your first flip?
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Just got an email from my PM stating that they will offer tenants a $75.00 discount if they pay rent in April or May. From first glance i am okay with this. I think this might weed out those that won't pay due to Co...
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I hate to do this, but I do need some specific answers as I have a weird and limited situation.I currently work for my father, but I hate it. Those of you who have worked for family may be able to relate to that. I ha...
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Economic Update(Monday, November 16, 2020)
Last week, the stock market roared higher on the news that a highly effective Covid-19 vaccine appeared to be just on the horizon. That was great news, but there’s still ...
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according to a book that I just read.A number of years ago I went to a big real estate investors convention with 1,500 attendees; there they did a survey and about 1/3 didn't own any real estate, about 1/3 only owned ...
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I'm working on my taxes and getting together my list of contractors I used in 2019. I have never done 1099's but as an LLC, I feel if i want to grow and expand I need to start. I called several of my contractors up an...
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I'll keep this short. I bought a property from them for $85,000. After I bought it the property appraised for LESS THAN HALF that amount. On top of that they promised a "fully renovated property" - then a few years la...
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This came up in another thread and I thought it worth having its own discussion.
What do you think would encourage those people who come and read the site (available to non-members) to sign up and participate?
Ideas...
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I hope to provide an informative account of how I was able to scale to 92 units in 16 months, leave my W-2 job and truly find my passion.Back Story:I am 33 years old, I am married with two young (1 and 3) children. My...