Brad Hornecker
Borrowing a Down Payment from a Friend for a Fix & Flip
First of all, here's the basic info on this flip deal.$450K Purchase Price$570K ARV$30K RepairsI initially reached out to my best friend who has talked with me on partnering in the past. He is a successful profession...
Brandon Ellis
Normal cost for replacing the Electrical
I just closed on my first property and also got my first quote for updating the electric. For a 4 Bedroom house in North Carolina what would you say the normal cost of replacing the Electric in the house be? This fi...
Justin Grubbs
Seeking input on a functionally obsolescent property.
So there is a very large building in my area that was built in the late 1890's and they continued to add to it throughout the years. During the due diligence process I found out that it was primarily a toy factory and...
Martin Meyer
Good but cluttery tenant.
So here's the issue. I've been renting a SFH in the rural midwest to a young, single gentleman for 3 years now. Seems like a good guy, quite a hermit. Goes to work, comes home, goes to church, load his dogs and heads...
Emily Beatty
Penmoken Park house in Lexington, KY
Investment Info:
Purchase price: $212,000
Cash invested: $53,000
Single Family Home across from University of Kentucky. 5 BR rented to college students for 475 / room
What made you interested ...
Lukas Vanagaitis
Flipping a house in a 100-year floodplain
Hey everyone,Is there anyone flipping flooded houses in Houston?We are about to close on a deal in a 100-year floodplain. First time flood, got about 3-4 ft of water. Purchase Price - $130k, Repairs $30k, ARV - $235k....
Eunique Gill
How did you reach your REI goals?
I would like to invest in another property within the next 4 months. I'd love to know more about how some of you have found success as real estate investors.What has been the most successful method you have used to fi...
Kwame Searcy
Turnkey Properties
Hello everyone,Are turnkey properties just homes that don't require any work to be done to them? What are the cons of buying a home that doesn't need work as a rental?Also, I've seen a lot of properties for sale with ...
Jared Comeau
Accounting fees and Tax filing
Good afternoon BP.So I'm still in my education phase of REI, and I just spoke with a CPA about setting up our legal structures and tax structure.He mentioned that accountant fees are typically $2K/year.I'm wondering i...
Sarah Greear
Property Management Referral in Puyallup, Washington?
Can anyone refer a high quality, low cost property management company that serves Puyallup, WA? I have been self managing my local properties but recently acquired one out of state and would like to consider using a p...