Hello BP Forums,If I may pick some of your wonderful brains from your experiences, here is my situation.I purchased my first two flips in September, demoing right down to the studs and changing the framing layout of e...
I have an appointment to look at a house that is a duplex that was built 1954. The lowest comp I saw, on cyberhomes was 439K. The seller was told by a contractor that the floor is settling, and it will cost him about ...
Wondering is anyone uses their own contracts (as opposed to a contractors contract) when hiring work out?
If so, what type of information is in it?
Thanks,
Fred
Seems like every time I put an offer on a property that is less than asking price (or even when it is asking price), they come back with "send your best offer".
I get it from their perspective, it's a smart response,...
Are people getting 2% deals in the Denver area? I've been looking and I'm seeing what appears to be less than 1% in many places. Now to be fair, this was a pretty broad brush and I didn't get to analyzing too many pro...
I recently finished reading a real estate book where the author recommends tying up a property quickly (if initial analysis suggests the deal is a good one) and then doing the due diligence. This sounds pretty obvious...
I'm finishing up the plumbing for a new kitchen double sink. The two tail pipes converge at a T-pipe, which connects to the P-trap, then to a 90° elbow that connects to a short extension and into the wall. I cannot fo...
Many REI calculators use 50% for expenses for Rental Property analysis. Should I stick with that when analyzing deals or try to be more accurate by breaking it all down? In other words, is the effort involved worth th...
I have a warehouse type apartment that doesn't have any blinds and no one can really look directly into the apartment without a telescope or something. I have a female tenant who is moving in in two weeks and she's as...
Hi all,I have a situation that I really need everyone's advice on. I bought a flip in Maryland a couple months ago and hired a licensed Maryland contractor for the reno. It was supposed to be completed at the end of M...