I'm wondering what is the average profit per flip. I attended a RE seminar and the guy teaching the class was saying he won't do a flip unless he makes $50k profit minimum. Which sounds amazing if that is true. I'm lo...
There are so many loan options out there, that I need help focusing my education to the most important ones, and that raises the first question I am having a hard time understanding.For the experienced BRRRR investors...
Hi all BoggerPickets...I am curious about new construction cost for small multifamily projects. This would be for everything except land. We probably should assume a smaller mostly level infill site with rentable fi...
Closed Tuesday but the previous renters moved back in Wednesday. The place they had lined up to move into ended up being sold so the landlord returned their deposit and 1st months rent. They had no place to go but s...
The next few weeks look a little crazy, with 7 closings, mostly on the sell side. I need to plan and start another buying campaign. Also need a shovel ready deal in Austin, ASAP, to keep the crew busy. Looking hard...
With stock investing I can spend a few minutes a month looking at stock prices and entering a buy or sell order in my brokerage account and earn 8% annually on average. To earn the same return with real estate, I woul...
I listed a flip in April 2018 at a price even with the surrounding neighborhood $224k ($80/sf) in my market. I’ve had 54 showings and not a single offer. I’ve dropped the price $5k/month and I’m getting concerned beca...
The flip I worked so hard on for my first time failed, and now the bank is selling it full price without me. I am now 26 years old, >$100k in debt, and my credit is shot.Here's the house:Jamestown House on ZillowAn...
Hello to experienced landlords, I just had my first turnover in the duplex and I got following complaint from the tenant. I would appreciate how best to respond to this. Can this be trouble if I just tell them that ...
So does anyone negotiate with bids they received from general contractors on rehabs?
If so how do you usually go about that?
I put together a detailed scope of work and a bid document for the contractors. They the...