Anthony Belser
New Property Flipper
I Live in Philadelphia and I'm looking to start a new business in flipping homes. I need a mentor. I'm young, very well educated and more importantly very business savy. Help
Shaun Schwanson
How can I get a hold of the owners? Was listed then bank drilled locks yesterday...
The property was listed for 130k. We went to look at it as my wife and i thought it would be a great fixer upper. They drilled the locks without telling the listing agent. Its now listed for a sheriff's sale in 3 week...
Corey Bogaski
Looking to refinance
So i bought a SFH in October for 155k. I dont have a favorable loan at 6.125% so not losing much if it goes up. Since, I rehabbed most of the house. its a 4bed 2bath, with all new carpet, floor, paint, 1 brand new bat...
Nate Huber
Repairs and Maintenance, CapEx, and Vacancy % Estimates 3BR/2BA
I'm trying to make sure my calculations are as accurate as possible. Currently, I'm running my numbers for my single-family 3BR/2BA as follows:
- 5% of rent for annual repair and maintenance - 5% of rent for CapEx- 6...
Josh Autery
Tenant Education
I've heard @Joshua Dorkin and Brandon Turner mention in the podcast... and I've seen a couple forum posts talking about it... BUT I can't seem to find any good examples in the FilePlace.Anybody willing to share (or he...
Kim Horn
Is peeling lead paint a deal breaker for a fix & flip?
Have not yet made a purchase. However, my husband and I have toured several homes and found one that shows a lot of potential. It was built in 1900 and has lots of character that just needs to shine through the decade...
Shawn Good
Advice on Taking Over Mismanaged Multi-Family (8-Flat)
I am closing on an 8-flat next week in Lincolnshire, IL (NW Suburb of Chicago). There are 6 - 2beds/1bath units and 2 - 1bed/1bath units.
Currently, it is rented far below fair mark rent. The lady who we are buying i...
Marc Steinert
Rental property renovation question?
First I would like to thank everyone who contributes to this site with all their experience and expertise, this site is amazing!
I have been analyzing some sfh rental properties and am curious to what level d...
Cindy Margheim
Building a team for investing
Hello! We are in the process of putting together a team of people for my investment company and would like recommendations. If you are currently working with some great people and would like to refer them, that wou...
Noah Cull
Advice on First Flip
I'm able to use a friend's money interest free to flip my first house in Kansas City. I'll be using a construction loan for all renovations. What are some pro tips or advice on my first flip? Not looking to spend more...