Hi All,In the middle of my first flip in the RVA area and I am finding myself at Lowe’s or Home Depot for a lot of items like doors, windows, kitchen cabinets, floors, appliances, etc. I know there have to be some bet...
Hello everyone.
I’m working as a sub at one project with multiple phases that seems to drag forever. We have a lockbox set up as usual for the main contractor’s project manager (Saleman), his runner, and of course m...
I have several multi-family properties and I'm always looking for ways to increase my cash flow. Can we start a discussion on Chattel Appraisals?
Who has used this and would you recommend using this strategy?
Can yo...
Hello Ohio investors,
I was inspired by this article to improve my approach to underwriting CapEx costs for buy and hold rental investments. Up till now, I've been using a flat 0.75% of property value, but I worry th...
I'm interested in hearing from fellow flippers about how they have managed the process of draws and payments to contractors. I work with the GC at the outset to establish what items will be completed for each draw. So...
Hello and thank you in advance for your advice.To summarize, we were supposed to close early June and I hadn't heard any updates so I reached out to the seller. He just now informed us the house was robbed and they ha...
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Hello. My wife and I are buying a rental property and we are a little confused about how we will have to account for some improvements we may want to make. Will we have to depreciate any of these or can they be deduct...
Up to this point I have relied on the cleaners to let me know what supplies are low and I also drive to the units with enough frequency to note what needs to be purchased. I'm ready to systematize this process and won...
Curious where everyone sources their material for flips/brrrs? I've mainly looked at Home Depot/Lowes for flooring and larger items and got hardware like knobs, faucets from amazon/wayfair but curious to hear where yo...