Scott H.
Rehab Estimate - Townhouse Interior
Hey all rehab wizardsFirst off, I have consumed J Scott's book on flipping and rehab costs and it is a wealth of great information for sure, but wanted a guesstimate of costs associated with a floor up rehab of your t...
Daniel Guillermo
Which gurus are licensed?
I have read many opinions on this sites about the pros and cons of investors getting a license. I've come to the conclusion that there is no right or wrong answer.
I was curious which of the popular gurus actually...
Dominique Long
Filing for Rental Tax
Hello, I’m getting ready to file my taxes and add in my rental income. My tax advisor is saying that because I rent my two properties below fair market value that the IRS doesn’t count my rental income because I’m not...
John Bonhomme
BRRRR It's getting cold in here
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $91,500
Cash invested: $112,000
Finally Finished Reno on this 3 Family
Perfect BRRR property
Should ARV in t...
Robert Miller
How do you Determine "As Is" value of a Property?
Not sure if this is the right place for this post.If not,moderators please move it to the proper forum.Ok I have a HML that only lends on the As Is value of the property,they don`t use the ARV.So my question is How do...
Benjamin Aaker
What is the value of DIY?
My wife and I are finished fixing up our first flip. We calculated our repair cost and there was about $19,000 worth of work done by contractors. We spent another $8,000 on materials for DIY such as flooring, paint, ...
John McKee
What have you learned this year about Commercial Real Estate
There is always something to learn as I add to my checklist. One of the things that I need to do a better job is to button up future leases on the HVAC system. Some of the leases I have inherited are vague on the re...
Michael Myers
Knowing what is a fair price for a contractor's work
One of the things i'm most concerned about with being a REI is when I will need a contractor to help me with rehad, refinishes, etc. I know for a fact I'm not going to be efficient at rehabbing a house myself. For one...
Pedro Cardoso
BRRRR or House Hack?
Hello everyone, I recently moved to LA and I am working in Downtown Los Angeles. I am looking to buy my first property and I am really undecided if I should use my savings (~$130k) to buy a BRRRR property in the near ...
AJ Smith
How to Estimate Rehab costs?
Hi all,I realize this is a really detailed subject that's impossible to explain in 500 words, but does anyone have any tips on estimating rehab costs?I'll be scouting out properties for a BRRRR investor in Iowa, so I ...