Reid Hanley
How to tenant screen Immigrant Tenants with no U.S. ID
I have been receiving a lot of interest in some of my rental mobile homes from Hispanic people that have recently moved to the U.S. from various Latin American countries (Central America and Mexico mostly). Most of t...
Account Closed
Flippers, how did you figure out accurate pricing/negotiations with contractors.
I am trying to learn how to properly estimate rehab costs and negotiate with contractors. I’ve heard a lot about contractors taking advantage and overpricing. Any advice would help.
Carey Harris
The number one rule in Real Estate
Location, Location, Location! If you have property in the right location, at the right time, you can't help but make money. Simplistic but true.
Patty C.
203(K) or conventional loan
If you exercised the option to Renovate using a 203(K) loan ORPurchase with a conventional loan, use your own money to renovate, and then refinance the money out after rehabbingHow did it turn out?What advice do you h...
DongHui Patel
Best Vehicle to invest in a syndicate syndication K-1
I am evaluating the best methods to invest in syndications, wondering if there are any tips / pointers.A single member LLC, a Solo 401k (tax advantages) or any other type of investment entity and pros/cons?
Jacob Chaney
Complete Rehab in DC: How many bids should I get
Hello All,
I'm closing on a 6 unit apartment building on Capitol Hill by Dec 6. and two of the upper two units have been gutted down to their walls. These will need complete rehab and renovation.
This ...
Stephanie Martinson
Underwriting a value-add apartment syndication
Hello all,I think I found a deal! It's a 10 plex value-add apartment. I'm in the process of coming up with an offer price so I have a few things I am hoping that someone may know the answer to...1) I'm including the...
NA N.
Minimizing taxes paid on your Rehab/fliping business
Could anyone please suggest best ways to minimizing the amount of taxes you pay for properties you buy, rehab and flip for profit in a short couple of months period?
One scenario would be I use my own cash to buy and...
Geo Johnson
My First Deal: Cashflow vs Equity
Hello All,I’m currently in the process of developing my first RE deal. I have Realtor and I’m working on funding. My question is this: while researching deals I’m finding two major types of properties, major rehabs an...
Austin Works
Flipping during Winter?
When flipping houses that are projected to be complete during the winter, is it better to go ahead and list at that time or possibly rent it out initially with plans to list for sale at a later time when buyers are mo...