Ashan D
Use late penalties to keep contractors on task?
From what I've read, it seems the #1 problem with contractors is not getting the work done when they said they would. Well what if penalties were built into the contract, so that for every day work is not completed pa...
Johnny Situ
How much shall I pay for renovation commission?
How would you normally compensate your renovation manager? Is it based on total rehab cost, like 10%?
Adam Soyak
1st Flip-SFH with Pole Barn
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $100,000
Cash invested: $115,000
Sale price: $249,900
Single Family House-1400sqft-3/1.5
Actual sqft was 1600sq...
Eric Jones
Cost segregation study with furniture
Hey everyone! I am about to make an offer on a house full furnished. I have heard it would be advantageous to have written into the contract a price for the furniture. Will this help when doing bonus depreciation? Tha...
Warren Kong
Property Manager Concerns
Having some concerns with my property manager in independence, MO. I closed on my property about two months ago and they’ve had the keys since. It is a 2 bedroom/1bath with a bonus den room. Originally listed for $949...
Rory C.
Short Sale Package
Hello everyone,
My partner and I are getting into short sales. I have a background in this area and we feel it would be an added bonus to our portfolio of business.
I know that each lender has different requirement...
Syed A.
College Senior Looking to get Started
Hey Guys!I am a senior in college who will be working as an investment banker after I graduate in May. I'll be graduating with no student debt and I am hoping to put my signing bonus/future income into real-estate. Af...
Freda Gilpin
Flipper from Kansas City
Hello my name is Freda and I am Flipping houses. I am following a legacy from a very close gentleman that I care for over 8 years. I would also like to give back to the community by fixing up houses making people's dr...
Rebecca Acer
Funding for an irregular property.
My husband and I found a deal that looks like this - 500,000 for two houses on the same lot. One is a small 3 bed 2 bath that has a tenant in place paying 1100. The other is a 10,000 square foot house with 4 kitchens ...
Barrett Applegate
Attorney Finders Fee Illegal?
Dear Wholesaling community:
Does anyone know if it's illegal to offer a probate lawyer a $1000 referral bonus?
I was writing a letter to an attorney this morning, and after writing the sentence "I will pay you $1000...