Audrey C.
General Contractors Fees for Building a New House
How much are the typical contractors fees to build a moderately priced home from the ground up and around $300K selling price? What is the % and if so, based on what? How do you give incentives like profit sharing, ...
Fred Kite
Oddball Property Use Parcels
I'm looking though some tax deed auction listings in Florida and I see that some parcels have oddball Property Uses (eg R/W Buffer, River/Lakes, Residential Common Area/Element).Is there ever any value in buying one o...
Jacky Johnson
How to schedule contractors for services
I'm a new landlord from CA and yesterday my tenant sent me a text saying there is a sewage leak under the house (under the bedrooms) and it smells really bad. I've decided to use Angie's List and Yelp to find licensed...
Brett Winiecki
fix and flip
What is the minimum or target ROI you guys want when doing a fix and flip?
Christopher B Holbert
Tenant requesting to rent bounce house/waterslide
Tenant requesting to rent a bounce house and an inflatable waterslide from a local company to use on property for a birthday party. My gut tells me to say no to avoid opening myself up to the liability. This tenant h...
Thomas Stanley
Pricing Rehabs - My Take - Your Thoughts
Hey BP,
Read J Scott's book on estimating rehab costs and was inspired to take his sheet (Thanks J) and put my touches on it. Enjoy!
Also interested in crowd-sourcing feedback on the sheet itself and on the estimat...
Mary C Carter
Comps on duplexes where there are no other duplexes on the area
Hi,
I found a duplex property, but the only comps in the area are other single family homes. It looks like someone may have taken this home and turned it into a duplex in the area. Do I use the comps from homes wit...
Karen F.
LVP over very thin, hard carpet?
In a Dplus area, 2nd floor unit, considering installing LVP. Currently there is that extremely thin, hard, cheap landlord carpeting (and also an area with cheap thin stick on hard tile squares). I was thinking that...
Ken Jenkins
First time flipper in North Louisiana
Good morning BP, I am currently flipping my first house I bought at the sheriff's sale in the Shreveport/Bossier City area in Louisiana. I am almost finished with it and have a contract on it for my full asking price...
Sam Tright
Private money lending for: purchase, rehab, closing, my own fee?
Scenario 1) Buy a 65k house with 10k down, 7k to HML fees and closing costs. All in cost 75k. Resell for 100k on owner finance terms. PML refinances me out for 75k.Scenario 2) Buy the same house with private money fro...