Aaron Helmholdt
Where flippers find their properties
This post is for all the rehabbers and flippers out there. I have a long term buy and hold strategy but have recently been interested in learning more about flipping and doing maybe 1 or 2 flips a year. I want to ...
David Li
What to expect in a real estate meet up?
Hello everyone, I’m new to real estate and I really want to get to know more people before I get started. And I’m curious what to expect with a real estate meetup?
Brandon Handel
How do I get out of paying water?
So I found this duplex and almost everything about it is great. It would be a great deal... If I didn't have to pay the water bill. The water bill is going to kill my cashflow. Do you guys know of any ways to get out ...
Kurt Zarwell
Cost basis of owner-occupied duplex with improvements
Hello, I am trying to confirm how the IRS requires me to calculate the cost basis of an owner-occupied duplex for calculating my capital gains. I think I know the answer, but I am also hoping I am wrong because it doe...
Garrett Christensen
How much to set aside for Maintenance and Cap Ex?
Hi All,I've been investing for a few years now and when I'm running numbers I always set aside a percentage of the rent for maintenance and cap ex. I adjust this number slightly based on the condition of the property,...
Kevin M.
Philadelphia Property Taxes- Land and Improvement Value
This is mostly just to vent...Can anyone explain how the OPA (Office of Property Assessment) comes up with home values? It seems to me that certain properties are targeted for higher increases. Particularly properties...
Mike K.
BRRRR using Sheriff Sale purchases and HELOC
I'm financially stable with good income, low debt, and good credit score. I'm in my upper 50s and would like to retire in 8-10 years with $3000 in passive income from RE investments. I have about $250k available thro...
Derek Caffe
Purchasing First Commercial Property - Due Diligence Inspections?
I'm getting ready to purchase my first commercial property with seller financing. It's a commercial garage around 7K sq. ft. which was built in the late 1960's and will be used as a location for my car wash business. ...
Ravi P.
GC margins?
Sorry this is a repost.We bid a renovation project to 3 GCs. I have only received 1 response so far. But the GC accidentally sent me a breakdown of his subs cost associated with the project with his mark up 45% pl...
Jim Fraser
BRRR now a BRRR-E.S.T. (Exit Strategy Threatened)
I wonder how many BP real estate investors have launched a BRRR strategy on a particular property only to find they under-estimated cost of repairs, over-estimated ARV, miscalculated carry costs of the hard money acqu...