Andrew Yu
Strategies to Partner with My Contractor
So I'm becoming a very good friend with this contractor of mine. I'm trying to think of ways for us partner together on deals. He's open to the idea. So I proposed that I find the deal, we split the purchase cost, and...
Kayla Birkhead
Financing via a FHA 203k Loan - Any loopholes?
Hi!
My husband and I are learning about opportunities to build a REI business in order to reach financial independence, live on passive income, and build generational wealth. My husband, has work experience in constr...
Belinda Steinwachs-Dicus
Deed in Lieu of foreclosure
I have received word that borrower who defaulted on loan has accepted my proposal for a deed in lieu of foreclosure. Attorney is initiating the documents next week (after labor day weekend). Does anyone know if I have...
Blake Rohrich
Duplex / Lot
Does anyone have any insight on how much it would cost to build a duplex? Specifically 2 bed 1 bath by 2 bed 1 bath and a 3 bed 2 bath by 3 bed 2 bath. Would anyone be able to break it down by land, building and labor...
Ed Smith
The best way to set up a contract with a hard money lender?
We are looking for the best way to develop a contract for a 70/30 split with a hard money lender. I was thinking an LLC. We are going to do all the labor and provide all the equipment. Who should be responsible for th...
Tyler Kastelberg
Labor Shortages Create Apartment Construction Delays
Labor shortages for skilled workers is being blamed for the increase in apartment construction delays. According to a Costar consultant, the average construction delay is approximately 5 months, up from 3 months in 20...
Jeff S.
Deal Structure Ideas for Flips
My investing partner and I are about to start on what we hope is a series of flips, in a town about two hours from us. I am very familiar with the area, and we will be partnering with another experienced flipper/inve...
Theresa Reynolds
FSBO financing Dilemma
HELP! Got my first deal under contract. Off market SFH property FSBO. Decided to go conventional however it won’t qualify as the roof needs to be redone. In the contingencies the owner and I negotiated that he will pr...
Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
This is a revision of my old post on this timely topic. Timely because January 31st is the deadline.
Sending 1099-NEC (formerly 1099-MISC) to contractors and vendors
2024 update: While not directly related...
Aram Ozen
Financing Options ADU
Hello, my name is Aramand I'm attempting to pursue my Real Estate journey by investing in my wife and my own property through building a ADU to rent from an existing garage. I've met with three contractors who have al...