Jerryll Noorden
The #1 Rule Of Successful Flipping!
The #1 Rule Of Successful Flipping! - How To Flip A House From Start To Finish Rule #1: Do NOT Listen To Me. I Survive On Sheer Dumb Luck! What were you thinking!!The End!Did you really eagerly click on this post to ...
Alan K Auman
When to tell inherited tenants that their rent will be raised?
Hello all, I'm currently in the process of buying a duplex that has long term tenants on both sides. By all accounts the tenants are great tenants. Apparently they pay their rent on time every month, both times I've b...
Kate B.
Buying a 4 plex with Absestos (vermiculite) insulation in attic
I thought I had a great deal on a 4 plex, and got 20% off the list price. We have a contract for a cash purchase. The numbers are great.The home inspection yesterday disclosed that there is vermiculite/asbestos in...
Ashley Shearer
Inheriting a tenant with a bad attitude
My husband and I just had an offer accepted on a multi-unit (our first investment ever!). If all goes well, we'll be occupying one side, and the owner JUST got new tenants in a week ago, so we'll be inheriting them. W...
Roy Mitle
delayed financing - what to what out for
What are the pitfalls with delayed financing. This is what I read in various threadsa) In delayed financing, the appraisal is typically more strict. So may not come into the right valueb) with delayed financing, u end...
Clarence Johnson
LA, Ca flip scenario, please analyze and critique...thx!
Hello to All,My business partner and I (both Realtors in southern Ca)have decided to take the plunge and purchase our first flip. After running the comps and walking through with my dad and Uncle (both in the busi...
Allen Ellis
My house isn't selling, how far should I go to improve it?
Hi all, I'll try to be brief.My house has been on the market for 5 months with no offers, even with 2 open houses and extensive marketing. It's large, is a 1920's historic home in a very high-demand area, and feedback...
Waverly Rennie
Ellicott City MD contractor charging >$300 sqft for rehab
Our architect has done a good job helping us draw up plans to rehab a wing of an 1880 property (including some tear down and re-creating) and suggested working with one of the three contractors he often uses. The cont...
Patrick Menefee
Small victory-first property (4plex) finally under contract!
This is just the start of my journey, both for this property and for my REI career, but I learned a lot in the long time it took me to get this property under contract. Want to share what I learned along the way in th...
Terry Portier
How much you making on builds?
What percent, and how are you taking your profits in materials and labor or sale of home?