Dana Waller
Rehab Budgets Gone Wrong
Collecting some data and would greatly appreciate your help! It seems like the one thing you can count on is that during a rehab, something will go wrong that will increase your budget.
What is the most your constru...
Jake Lord
First Deal Gone Wrong
Hello all,
A business partner and I have found ourselves in a pickle with a single-family rehab project that we are looking to flip on the backend. This is a 3 bed 2 bath home that we found on Craigslist and purchase...
Tim B.
HVAC repair gone wrong
I had some work done on the HVAC unit in one of my properties in February for a heating problem. The tenant has just turned the AC on and it was leaking water around the pump that was replaced in February (no leaks wi...
Kate Elson
Wrong address on forclosure?
Last week one of my tenants called to ask if I was being foreclosed on. Someone had come to the house (Three family) and knocked on all the doors and told my tenants that I no longer owned the house. I told my tenan...
Serge S.
Turnkey Investment gone wrong
Good story about turnkey gone wrong in Indy. If you think somebody is working to make you safe passive returns ....Fox and Friends TurnKey Ponzi Scheme
Hannah Joy
Appraiser using wrong comps?
Hi there, I just had an appraisal inspection done for a cash out refi. Subject property is a duplex: 1 side is 5 bed 2 bath, other side is 2 bed 1 bath. 3000 sf total. Comps will be difficult, and he'll be looking at ...
Carlos Rovira
Indianapolis Turnkey Gone Wrong
I'm putting this out there for anyone considering purchasing turnkey from Real Estate Done 4 U (i.e. Michael Drew). I just bought 4 properties from him back in November. Two of them had issues. One of them had a tenan...
Michael F
Right Or Wrong Steps?
Hi everyone I need some help and your opinion on this. Please educate me and leave any suggestion or comment for me. if you think any section or step is useless please tell me. and if you think I need more detail in a...
Matthew R.
What could go wrong?
I have read many books on REI and various online resources as well. It seems like there is far too much "puff" in many books. The whole line about how easy REI can be and how profitable. Anytime there is high profit p...
Ryan Myhre
Victorian rehab gone wrong
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $278,000
Cash invested: $389,000
Sale price: $775,000
Restoration of a 1895 Victorian home. Restored original ...