I am wondering if I am over-improving some of my rentals with the BRRRR strategy. Specifically regarding painting cabinets instead of replacing them and putting in shower surround instead of tile. Normally we have br...
I just got the go ahead from the commercial dept. of a local bank on a cash out refi. When I cash out refi'd number 3 both a mortgage broker and local bank told me my debt to income was too high. I went to Lima One ...
Hey all,My partners and I have big plans--feel free to check out my profile page for a little background info relevant to the below discussion.My team and I just got off our weekly conference call. We checked in on s...
Hi! We are gearing up to do our first flip. We are in Oregon, and have our contractor's license. At this point, my husband is intending to do the bulk of the remodel / rehab work on our first flip or two. He ha...
I'm facing a $2000 water bill for previous month because one of my tenants (in a triplex) left the water running for over a day (she also flooded the two units below). Now, part of the problem is the tenant herself, w...
I always hear to grab a mentor, well I have this idea for something and I was wondering if there's already a process in place for it. It ensures competency and confidence in learning the trade. I can and have read man...
My daughter is 18, graduating high school in the spring and going to college in the fall. We probably won't get much, if any, financial aid. If we have the ability, should we loan her the money to invest in a flip pr...
Do you take the red or blue pill? No, I am not talking about politics. For those who haven’t seen the Matrix, the two pills represent two choices of reality. The red pill yields the understanding the unsettling realit...
Hi all, My brother and I are looking to get our first LTR property (not in our area), and I'm about to start reaching out to agents to find a good fit for us. I was wondering what are some good questions to ask to vet...
I have a guy who basically wants to give me a franchise salon. Of course it makes no money. The gross revenues are about $150,000/yr, the net hovers around $0 plus or minus. Does anybody have experience owning s...