We are closing soon on a multi use building, we plan to live in the apartment but it needs a complete rehab. Not even sure where to start? I understand we will need a GC since it’s almost a full gut rehab but do they ...
Hey board,
I'm in the process of purchasing 2 turnkey properties but the appraisals came in on the low side, like $25k below purchase price on each.
They're justifying by saying comps used were for non-improved h...
How do you find contractors to bid on fix and flips? Would they arrange a time to see a property through the realtor?How many contractors do you get bids from?I am interested in fix and flips, but not into sweat equit...
Hello guys,After lurking around the forum for a while, I finally signed up. This is my first post!So many knowledgeable and helpful people post here. I've learned a lot just by reading (and reading, and reading...)I w...
Hi BP Community,So, three strikes...I should be out. This is the third contractor that has failed me. So, he blew his first deadline...now its 5+ weeks later. I went and inspected his work and said, hey...I don't thin...
Hello everyone. I am scheduling the course I need to take in order to become a licensed real estate agent. The goals are....#1. Use this profession to get as involved as possible in real estate. #2. Raise cash to...
Hello all,
This foreclosure came on market 3-4 days ago. It's listed at $35,000. It's a duplex and both units are rented out at $500 (2/1) and $600 (3/1). The tenants pay their own utilities. The owner is only respon...
I will try to do this in cliffs. I live in a very inexpensive blue collar town and travel for work.
Current income 40-50k per year.
In one year I have properties netting $1000 a month
I have a dow...
What are some of the best banks to establish 401k accounts in? I originally used TD Ameritrade as recommended by my 401k plan provider, but they have changed over the past couple of years and are excruciating to work ...
Hey, I'm working on a spreadsheet and I'm wondering:
Does the Net Operating Income include deducting the costs for the "big items" that happen every so often, like roofs, parking lots, etc? I mean, if I set aside 3...