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I am teaming up with a realtor friend and a contractor friend. I will be acting as the private lender for the entire purchase/remodel, the realtor will be our deal finder/seller and be paid commission, and our contrac...
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I have been reading, listening to podcasts, audio books, jumped on a ton of forums, asking everyone I come into contact with who is involved with real estate investments and even gone as far as to start taking some on...
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We are generating about 1.5 flips a month pretty regularly. I am always looking for ways to cut cost and one of those ways is in the labor paid to contractors by hiring someone with the knowledge and experience to do...
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Hey everybody,I'm looking at a "deal" that could be my first, so there's a lot of caution on my end. I would assume most of you know the feeling. I'm a believer in the old saying "the devil is in the details" so I'm t...
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Hi BP!
Currently flipping a property and we hired a handyman to do some ceiling drywall replacement. I now have a licensed contractor on the job working on an addition and he's saying that 1/4" drywall was installed ...
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I’m currently brrring a property for the first time. My first order of business is to replace the roof as insurance is requiring me to do it to maintain coverage. I went ahead and got 4 quotes, chose the guy who gave ...
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Hi BP, What are the advantages/disadvantages of buying a note versus buying a turnkey (or vice versa) in terms of cash on cash return, depreciation, deductions etc.? How much depreciation do I get from 1 property/year...
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Boom and busts in real estate. Some investors try to anticipate them, some ignore them. There have been numerous books written by people claiming to have the “magic” formula to sniff out future values. Uh huh. I’v...
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I'm new to the site and would love to hear some success stories with people who have invested with remax/fig in Utah or Texas. They are building new fourplex units and advertising compelling cap rates in their pro for...
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I went for a walk yesterday in the nicer parts of this town, in Shadyside where the money is in such deep pockets that it's mildewed. It's as high as $1400 a month over there to rent a 1-bedroom, unheard-of prices for...