Jordan Spradlin
Converting SFH into Duplex via finshed basement rehab
Hi all,
I just closed on my first home in Leavenworth Kansas and will be house hacking to build my initial portfolio. The basement has already been finished, however, it lacks 2 egress windows for each bedroom and a...
Pete Harper
Do I Qualify as a Real-estate Professional?
I'm investigating if I qualify as a RE Professional for the IRS. I'm retired with no W2 income. Primary income is from real estate, investments, pensions and IRA. We currently own 38 units held in LLCs and privatel...
Account Closed
when doing a whole deal how do you figure out the costs
I would like to know how do wholesalers when they are trying to make deals how do they find how muc the fixed costs and rehad cost on a house?
Arthur McCormack
Increase rent or transfer water and sewer - which would you do?
I'm 1.5 years into my first rental and the tenants leases will be renewing 4 and 5 months respectively (it's a duplex). I made some dumb mistakes when I first started (didn't go on BP and learn first), so based on wha...
Leland S.
How to account for flip gross profit
Hi Folks, I have a master spreadsheet with all my costs for a flip. I'm confused though as to how to calculate my gross profit. I have considered any and every expense associated with the project, including credit car...
Jesse Copjec
Ground up calculator
Does anyone have a Ground up construction calculator? Then to calculate sales, timing and commissions for condo? Then VS rentalThanks!! I would help build one if anyone has a decent start to one. Jesse
Jerry Maguire
Checklist of things prior to buying homes
whats on your checklist prior to buying property?
i just read a thread about how some1 needed to rip out a kitchen because a termite inspection wasn't done properly. so i wanted to ask what is on your checklist of ...
Vince Mai
EV fast charger installation on rental property
Hi everyone! I wanted to reach out to the BP community about EV fast charger. My tenant emailed inquiring about installing an EV fast charger at my single family rental. They will hire an certified electrician to prov...
Danny Celestin
Hot Water Heater for Duplex
Hi BP Family, hot water heater is going bad in my duplex. It's currently a tank. Any suggestions on how many gallons it should be? Brand recommendations? Total estimated cost for materials and installation? Duplex has...
Hao Pham
first property investing
Hi everyone, I'm a new in this community and living in Houston, after reading few books about REI, now i would like to take action with my first property. However, There are some issues that I am wondering:
1) Right ...