STEPHEN YUAN
Who is right? Who's the crook?
Guy 1: My mentor offered a Duplex R/E option to me at 17,000 with purchase price being 85,000. It is located at Del Rio, Tx 78840. Basically here's the numbers he told me:$85,000.00Investment$17,000.00Rent$1,3200.00in...
Galen Dawes
Flipping - Maximize Appraisal
I'm renovating the entire house. 4 bd, 4 ba with basement. The roof has fairly new architectural shingles. I will be replacing gutters, shutters, front door and garage door, stainless steel appliances, cabinets, va...
Tim G.
2nd Flip Done - Web Lead - $75k Profit - 62 Days Start to Close
Purchase - $423,000 / Rehab - $62,000 / Sold Price - $605,000 / Profit - $75,000With deals drying up in Socal, it wasn't profitable for me to be wholesaling all the deals. So I started cherry picking the good flips. I...
Chris You
Questions on building custom building cost Los Angeles, echo park
Hi BP folks,
I own a duplex that is zoned to add a stand alone third unit to make a triplex. After going through different options to build ( prefab or custom) I’ve decided to go custom because I’ll need to add parki...
Saurin Pandya
Setting up an LLC
Hi All, I am planning to setup an LLC in NC. My goal is mainly to buy rental properties and do rehabs. Any tips/advise for someone setting up a business for the first time? Also, I am debating if I should use LegalZoo...
John Warren
Out of State "Boots on the Ground"
Hi Pro users,I need recommendations on how best to check up on my property out of state. I recently visited my property, and I was very unhappy with the work quality that was being done. I have a 3rd party manager, an...
Mark Yaffe
Yet another Newbie - I want to buy income!!
Live in Boston - too pricey...thinking Orlando or other areas of FL. I get to travel for a living so I'm always on the road and I need to start small and learn the ropes. Should I aim for a duplex as a first purchase?...
Jon Pflueger
Existing Residential Property in Commercial Zoning, can I build addition?
We are looking at investment properties in Brooklyn, and found one we liked and want to add an additional floor (two stories as of now, would go to three), but the zoning is M1-2, which is commercial. 90% of surround...
Miles Stanley
Does replacing electrical/rewiring improve home value?
Any thoughts?
My electrician is recommending that we rewire the entire house bc the existing wiring is copper but does not have a ground (built in 1968). We plan to BRRRR this one. He says it would improve home res...
Sam Zawatsky
New roof color options
I’ll be getting a new roof shortly for this property in Tallahassee. What color shingles do you think would look best and offer the best energy efficiency to reduce the heat?