Brian H.
How do you all have QuickBooks set up for flipping?
Hi!At the strong recommendation of multiple folks on here and my accountant I bought QuickBooks. My main confusion lies in how to set it up for flipping? How have you all done this? Any advice at all is very much ap...
William Chrisman
Capex on 6 unit apartment building
I'm going to view my first multi-family, a 6 unit apartment building on Monday. I'm trying to run numbers this weekend. What things, and/percentages should I consider for cap-ex. (I only have one rental property so...
Lane Ewert
Buying A House in Few Days With Water Damage Need Advise
We want to buy this house as our first with an FHA loan that allows repairs, fix it live in it for two years and sell. What is the best way to asses the ARV quickly? There have already been offers made and our Realt...
Greg Baker
Help me define a few costs within the 50% rule & other newbie questions!
Hi everyone, looking to begin in the buying and holding world in either single family units or duplexes. I'm about 48 podcasts deep, here are a few questions I'm hoping someone can clarify for me. If location matter...
Eric Oszczypala
Mobile home remodel
Hi All,I was wondering if someone can guide me on remodeling/repairing a mobile home on a property I purchased. It is a single wide about 700 SQ feet, 2 bad/1bath unit, it does need everything redone, exterior/interi...
Account Closed
how much $$ is saved by buying a lot and building, vs just buying
Hello, i was wondering if you typically save money by buying a vacant residential lot, and then paying to put a house on it, vs buying a similar-valued property and a similar-sized lot together? do you save money by b...
Mubasher Riaz
how much does it cost to add an additional room in a house?
I wanted to ask how much would it cost to add an additional room in the basement of my house for rental purposes? I would say about 500 sq foot. I wanted to add a room and thats pretty much it. Any suggestions? Thanks
Reagan Wilson
Recommended down payment?
Just wondering what everyone’s thoughts would be I’m starting to look at getting my first property (mostlikely duplex) the bank is recommending I put down 20% which is roughly $100,000 which isn’t a problem but I’m wo...
Ronald Vargas
WHEN PULLING A HELOC WHAT SHOULD I LOOK FOR TO GET THE BEST RATE
When shopping for a HELOC is just getting accepted good or what think should i be looking out for? Terms and conditions wise or questions i should ask before agreeing
Matt B.
BP calculator help...
I have been following Brandon Turner’s advice to analyze at least one property a day but also trying to be realistic and stay in the higher end of all of my estimates. A few questions I keep coming across:
1. I live...