Hello all. I've hired a contractor/handyman who has his own crew working. He does not have a license and insurance, but I've worked with him on smaller projects and he is a nice guy. Here's the scope of work he is ...
Ok, so I got my tax prep bill and I think its way high. For discolsure, my accountant had to file 5 forms:1040 US tax ind return1040-ES Estimated TaxKentucky Ind taxKentucky Est taxKentucky Single member LLC tax retur...
I have a quick question for experienced flippers on estimating rehab costs. When you first started out how did you go about estimating costs? The wholesale properties in my area seem to be flying off the shelf hours a...
Hi, I've moved out of state and turned my previously self-managed rental in Baltimore into a property managed rental after the tenants moved out. As part of the process for getting a new tenant, they sent a contractor...
Hello everyone, I found a property that seems good to me. This is my first time attempting to do anything real estate related. So I was hoping to share with all of you and gain some advice and perspective on whether t...
View report*This link comes directly from our calculators, based on information input by the member who posted.Could use a new roof, siding, windows, and paint on the inside. currently renting for 650...
We are getting cloer and closer to our goal of 10, 10, 10 monthly, 10 buys, 10 rehabs, 10 sells. As we get closer we are trying to streamline and standardize everything we can.
I have put together a excel sheet that...
THE INTERNAL RATE OF RETURN (IRR) TO AIM FOR
The IRR should reflect the degree of risk you’re willing to take. The riskier an investment, the higher the IRR. If you’re purchasing a building that has decreased in valu...
Hi BP Fam My Company just picked up a 9 unit in Chattanooga I am looking to convert the daylight basement into a laundry room and possibly another unit. So far I haven't even been able to get anyone out to bid the job...
I'm an active duty military member that is currently renting a 3bd/2ba for $1350 and have talked to the landlord about purchasing. Is willing to sell, just want to make sure I fully analyze deal without going into an...