I am currently working on my first BRRRR deal and recently received an estimate from a general contractor I plan to work with.For payment, he stated he needs approximately 25% of the overall estimate upfront as a down...
What up BP community! Living in the sf Bay Area, I always wanted to buy a vacation home where I can get away and use it as abnb. However I can’t seem to find any solid cities to look into with interfering with abnb r...
Hello BP,
I recently got a property under contract that is a short sale. Just wanted to hear from some BP'eea on how long it is taking to get bank approval these days?
I would love to see everyone's thoughts.
The history of markets tells us that we will always have a crash.
This graph shows total consumer debt in the US since 2003
Housing crashes come from over indebtedness, this graph shows that US consumers have mo...
1. Coronavirus and Market Instability
Many of you are aware that I work at the Centers for Disease Control (CDC), and I invest in the large (100+ unit) multifamily space. This puts me in a unique position to see how ...
Opinions, please?So I just tried out a new house-painter who bought the paint in the colors I needed, but I found out after he was done with the job that he only did SPOT priming over any drywall patches and other wal...
Kind of a big deal, no? Anyone care to share their thoughts on this? Start of major blood letting or just a blip before stabilization and the bull run continues? And let's say there is a sizable correction over the...
For all you contractors / rehabbers - help me out here. We bought a house last June and hired a GC to do about $60k worth of work - the main thing being to replace all the cloth wiring in the house, as well as upg...
Has anyone run into issues with a contractor trying to enforce a material escalation clause in a construction contract? We have a turn-key build contract in which there is a clause that allows the contractor to pass ...
Backstory:We bought a property with the intention of flipping last October. (bought $305,000 put in $50k, ARV $550k) Bought with cash. Got a great deal and planned on spending a year fixing it up (mostly my husband...