Sean Salandy
Paying Contractors Hourly - Is this a good idea?
I am in the process of interviewing contractors and I have had several contractors offer to work/get paid hourly. They are basically saying I can pay for the materials and they will get paid for the work based on the ...
Account Closed
Reaching $100,000 per year CASH FLOW
As with most of us investors, one of our big milestones would be to reach a passive income cash flow of a cool $100,000 a year.
Only being on my first duplex and on the close verge of purchasing my next 2-4 unit MF, ...
Sean Mills
Seeking Advice on Rehabbing a Long Island Duplex: Costs, Contractors, and Mentorship!
Hello BiggerPockets Community!
I'm new here and looking to get into house hacking by rehabbing a duplex. The duplexes in the area of Long Island I'm looking at cost around $700-800k. I'm trying to figure out what ren...
Dana N.
New to Real Estate. Do I need to create a Business Plan now?
I have been trying to write a business plan and because we are just starting by doing small investments, it is difficult to find/create a plan that is so basic.
Do I need a business plan before I start invest...
Account Closed
Doing rehab work
When hiring a conractor to perfrom the needed rehab work on a fix N flip deal, do you need to supervise them everyday? I don't really have the time for this. how do Go about making sure he gets the work done well if I...
Brian Gibbons
My 4000th post - Creative Financing do's and dont's
Every time I make a milestone BiggerPockets I do a really long post. This is my 4000 post so I thought that I would do a do's and dont's on creative financing--------Definition of creative financing is how can the sel...
Jonathan Roberts
Vacancy, Repairs, and CapEx monies
Curious what to do with the Vacancy, Repairs, and CapEx monies you withhold/save from rentals? Seems that one would want it readily available when the need arises, but also put the money to work as well. What do you d...
Earl Jornales
New Member
hey all,I’m new here. I’m really excited to have found this open community online. It really lines up with a few goals that I have been slowly solidifying. I have a day job as a software engineer for an IT developm...
Lior Golan
Building permit before acquisition
Hello,I have a property under contract that I want to add another bedroom and another bathroom above ground. I had a plan to add them in the basement but this is not giving me enough value into the ARV so I decided wi...
Griffin Pratt
FHA questions for a rehab, hold, & rent? Private money better?
I'm looking for some insight regarding the flexibility of FHA loans. I know about the general qualifications for FHA/203k and am thinking this could be a good strategy for a property I am analyzing in St. Petersburg, ...