Rocky R.
Attorney Charges - Any Thumb rules?
Hi,
Today I spoke to one of the Attorney/portfolio company which offered a free consultation to talk to me about LLC strategy and ofcourse understandably also as a sales call to get me as their client.
Basic Struc...
Bruce P.
How to get good new home/ADU construction specifications?
Hi BP community,
So my friend is spinning their wheels a bit. They are planning to put a detached ADU (accessory dwelling unit) on the property containing their SFH (single family home) in southern California. They ...
William C.
Ambler, PA SFR Complete Reno + Second Story Addition pic diary
Hello All,I wanted a place to track the progress of this project so I thought this might be a good spot. Ill have to take a post or 2 to bring everyone up to speed as to what we've been through to get to this point b...
Cordell Hinton-Brown
Looking at a 6-plex and need help
Good afternoon/evening BP,So I'm in need of the communities help. I have set up an appointment with my real estate agent to look at a 6-plex in Milwaukee. I'm unsure of the next step. I intend to use my VA loan to pur...
Ryan Whitcher
Getting Started in the Wholesaling world
Hi All!This is one of my first posts so bear with me...I currently live in Newport Beach, CA but am relocating back to Charlotte, NC here shortly in the next ~ 2 months for various reasons. I have been listening inten...
Cooper B.
Using quickbooks to keep track of rehab costs vs. budget
Is there a way to easily use Quickbooks to track expenses for a specific rehab project (flip) against an initial budget?Let's say at the beginning of a new rehab project I have estimated amounts for the labor costs, m...
Adam Fout
Rental ROI
When analyzing a deal, should an investor who finances the deal with a conventional loan factor in ROI on debt pay down and ROI on appreciation?Example: I am looking at a property to purchase for $132,000, 25% down on...
Chavis Atkins
Leaning walls, soil and foundation problem on half slab/basement
Hi, I have a property in Schererville, IN that I'm looking to get under contract that is a 4 bedroom home around 2700 sq ft with a partial basement of 800 sq ft. This home is worth between 230 to 250k and the purchase...
Mikhail Egorov
How to Best Track Renovation Costs and Profits for Multiple Managed Properties?
I currently own three properties, each managed by a different team. As we navigate through various stages of property management, including renovations and strategizing for resale or rental, I'm looking to gather some...
Dan D.
The Tax Question
So I am just starting out here and in the process of educating myself. I think the BRRR method is great; but, I don't have the resources set up to execute this strategy (yet). I also make decent money and really nee...