State specific question IL :
Part of the rehab will be dealing with many trades. Some are more professional than the other. My idea is I will never pay ahead of work done – that’s my only leverage I have. If ...
I purchased a rental property with tenants in place approximately 18 months ago. The tenants just vacated and let me know that while the property was in escrow a pipe burst under the driveway (gravel) that the listing...
Hello fellow Arizonians! My husband and I have recently obtained our first property to flip near 16th St. and Indian School. We are estimating an ARV of about 300k. We are trying to decide on materials/figuring out ho...
One unit in the duplex, which is two beds and two baths is a smoker room- and I’m looking to get it renovated, but I don’t want to get ripped off by contractors. What is an average estimate to rip out the carpets and ...
Trying to determine deposit withholding for wood floor damage, primarily from dog nails that, I believe, were not maintained, in addition to general lack of cleaning and carelessness. These types of scratches are ove...
Has anyone ever rehabbed an apartment building? I located a 20+ unit in need of a rehab and wanted to know what to expect. What are some things I should be aware of? Is the process that different from rehabbing a s...
I am interested in going to Real Estate school to help me further my career as a wholesaler. I know I do not need to go to RE school however, I feel the more information and knowledge I have the better... plus it give...
Hello fellow househackers!
Two questions for the group in celebration of tax holiday cheer.
1. Does your tax preparer have you use a 1040 schedule E or 1040 Schedule C?
2. Which portion of the tax code do they ref...
As my partners and I begin to find some great rehab deals, it has become apparent that we need to begin to develop a system to accurately and easily complete our rehabs.
I am thinking we need to develop a system that...
Welcome to the new Question of the Week! It looks like estimating rehab is a big hurdle, so let’s get talking!
Make sure to vote in our poll and mention your location and average in our post. If you can give ballpark...