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So, I have been talking with local investors in Charleston and I am hearing that the market is too hot and that I should wait until there is a shift before I invest. They're saying that cash investors will beat you to...
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Curious to know how everyone is receiving contractor scope of work and pricing for rehab projects, do your contractors provide a scope of work with a lump sum total, or do they break down the items? For example, say y...
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Let's hear from ya!. There aren't a lot of us up here but I'm lookin for whoever there is.
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I am curious as to what fellow investors think about who is the most qualified to analyze comparable sales. I understand that Realtors and Appraisers are the ones with legitimate access to the MLS, but if you had ...
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I have listened to some podcasts, and have heard people saying they got their first 7 properties in 11 months. Some even crazier. I have 5 properties, but I have used all my money to purchase these properties at 25% d...
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Hello all,I plan on buying single family and multi-family homes in need of rehab, and know absolutely nothing about the rehab part. So I'm trying to figure out how many people I need to hire and how specialized they h...
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Hello All,
Renovating my first property and I made a rookie mistake, a major one--I found out that my first contractor (who came recommended) is unlicensed in California!!!
I am two weeks into redoing several of th...
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I have completed my first BRRRR successfully! It is a 2Br 1 Ba small SFR (Pictures Below). It took me about 4 months to complete this Rehab in from start to finish. I Hired out Most of the Big items : New roof, drivew...
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We have been discussing this at my office all day. I don't know much as this point, but here's what I know: "Fannie Mae is tightening the underwriting criteria for second homes and investment properties, the governmen...
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Jan 2023 I purchased a property in Cape Coral, FL. I purchased for $395,000 and rehabbed for $70,000. I took out a hard money loan with Kiavi for one year. I put up for sale with no bites then transitioned to a STR...