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Had the idea of purchasing a property that fits the bill for a flip, working with a reliable (previously used) contractor, letting them handle the renovation and then splitting the profits. The idea being that we can ...
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Hello BP,I have finally started taking big action and not trying to have the whole process figured out before moving. I have just gone under contract on my first investment property, and will be flipping it. I have ...
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Jobs are back and the economy is recovering. How do you spin this doom and gloomers?
Jobs Are Back! Recovery Abounds
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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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Economic Update
(Monday, June 7, 2021)
Is Los Angeles a City-State? I ask this question because no one seems to know what Los Angeles is, exactly: city of angels, revenge city, or something else. In 1925, Aldous Hu...
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Hello all!I'm a new investor operating out of the Palm Springs (Riverside County) area looking for investors and professionals to network with. My goal is to start with wholesaling and rehabbing with an interest in pa...
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Hey everyone!
This is mainly for those who have recently built or got contractor/builder quotes for building an ADU. I am curious as to what your are finding the current building costs are?
I am working on putting t...
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Hello BP,I have a 1969 Bungalow with a basement suite downstairs. We are currently living upstairs and have tenants in the suite. The upstairs has original hardwood that I re-finished and oiled. The floor has been pre...
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Hi Everyone! I'm just getting started in my real estate career and one area I want to improve on quickly, is rehab estimation costs as well as the added value from it. I am not a contractor by any means and I understa...
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Ok, so I've been skeptical for many, many years of hiring a PM. My main concerns were that a PM wouldn't care for my properties like I would, that I would pay exorbitant amounts for any kind of maintenance, and that t...