Fred Shandler
Do you have a contract for your contractor?
Wondering is anyone uses their own contracts (as opposed to a contractors contract) when hiring work out?
If so, what type of information is in it?
Thanks,
Fred
Clifton Monte
Wife wants me to buy her Grandparents' home to rent after 1 yr..
It's a family home in Richmond, Va that was purchased and renovated from a tax sale. This would be our 1st home, but we'd be relocating in 1 year. Below are the rental calculations I've come up with. Before I break t...
Alicia Marks
Floodplain- Questions on a buy and hold
I'm looking to purchase a BRRR property that is on the edge of a 100 year floodplain. What should I know? The property is mostly zone A, but the front is X. It's a pier and beam foundation with sufficient crawlspace u...
Josh Mitchell
Thoughts on 50% Rule
While I know the 50% rule isn't always a direct measurement of things, for this purpose I am going to assume it is. So, being a newbie, it is my understanding that 50% rule simply states that 50% goes to costs of prop...
Vik Desai
Have any of you tried setting up a for pay hotspot/ WISP to make some money from providing WIFI?
I wasn't sure where to post this, I hope it's the right forum.I've got a friend with a 20 unit trailer park set up, and I was talking to him about setting up a wifi hotspot to make a little extra money on the side.htt...
Timothy Metra
Will multiple LLC's protect me if the worst comes?
This may seem like a new question, but I couldn't find a specific answer on older posts. Sorry if I missed it.Anyways, if I have 3 separate LLC's and one fails, will the other 2 be protected?Example:LLC 1: Worth $45,0...
Mike Parks
llc question
when buying rental properties, is it better to put every property in its own separate llc or should I just put all of them under one business name llc? I obviously want to limit the liability if someone were to sue...
Andrew Martel
Buy and Hold Basics
Hello All!
My questions for the day is about buy and hold basics. I'm a bullets kind of guy so here it goes:
What is considered a "good" cash flow for a single family rental home... $50? $100 $200? In...
Henry Tsao
Everyone's Average Cost of Construction?
Hi Guys,
I just wanted to ask all the spec home builders out there how much it cost for you for your construction per square foot? I feel like this can give an idea of the cost of construction around the nati...
Account Closed
Bottomed Out?
I'm starting to hear from various places, all over the country, that property is starting to sell again.
I suspect that means that the banks are once again lending to qualified borrowers. We may never see sub-prime ...