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What has been the hardest part of flipping for you? Was the hardest part different when you first started vs now that you have a lot of experience under your belt?
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Let me start and people can add:1. Deeding a property in their personal name to a LLC.Why, because you now have additional costs and are getting no asset protection since your LLC didn’t buy the property (and 99% of t...
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Why don't we use this post here to ask anything you like? My expertise are wholesaling and ACTUALLY MOTIVATED seller lead generation. Not the BS everyone tells you to do like lists, driving for dollars or cold calling...
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I just wanted to share some more recent experience with Kwikset deadbolts as I have recommended them to numerous people in the past. Since early 2011 I have been installing Kwikset Smartkey deadbolts in all of my pro...
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I just finished a BRRRR just outside of Seattle, Washington. This deal had all sorts of complexity. It was an out of state deal (I live in the SF Bay Area), where I 50/50 partnered with a contractor, and got a private...
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Hello BP! I need some consolation, wisdom, and maybe pizza.My dad just completed his first flip. After all was said and done, he lost over $3k. We're not white collar people, so $3k is a lot to us. I tried telling him...
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I've been with Tom Krol for 7 months now. His course is step by step and "action geared" so you don't sit back and relax. You can either do what he says to do or do like you've done before which is nothing in most ca...
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How do you evaluate what improvements are profitable for rental units?Assuming everything is repainted & clean, what is a good framework to understand the impact of:-new kitchen countertops -bathroom updates-lands...
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Hi everyone, I recently heard about a method some investors are using. It involves attending foreclosure auctions and identifying any properties that sell for a surplus over the mortgage, lien and junior liens. This a...
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Hello Pocketiers!
Another newbie from Milwaukee (a.k.a MILL-E-WAH-QUE according to Wayne's World:))
I am finally sending out my intro post after many months of reading and listening to the excellent podcasts and jus...