We are in the process of completing a remodel on our house in St. Joseph Illinois and after running my numbers i have come ot a standstill on which course to take with the property. Initially i was planning on flippin...
Hi guys. Been a while.I have a question for you all.First off, I am in CT.Now, my questions revolves around a tenant breaking a lease, damages, repairs, and liability.I had a tenant break their lease. 2 weeks early. (...
Reading the book Flip they have a rule of thumb chart for quickly estimating the cost per SQFT of rehabbing or remodeling a home.
Here is how they chart it.
Standard finish rehab - $15
Designer finish rehab - $18
S...
Hi BP, I need your help on scoping this out while I am under contract.The house appears to be in great shape other than the brick veneer siding dropping off, which appears to have started at the back corner of the hou...
Shoot it is expensive to have someone come in and refinish floors. I never had to get a quote before and I had a GC come in today and check out my plans. He actually told me to scale back a bit and not renovate as m...
I posted a few weeks ago about doing a Sub2 offer on a duplex in trouble.Rather than throwing offers back and forth and guessing who were the real decision makers, I asked to sit face-to-face with the listing agent. H...
We had a long term tenant move out in early November. They left the house in such a poor state that it took me over two months to effect all the repairs. We also live 45 miles away from the property, so I had to make ...
I am an aspiring real estate investor creating a real estate investment plan to aid me in my journey to success. I've decided to start things off with a simple question: What could go wrong?I have wracked my brain com...
Hi everyone, I just closed on my first property this past week in Rhode Island. It was a duplex with existing tenants on a month to month tenancy. The tenants did not pay rent for two months while we were under contra...
Have you ever AIRBNB'ed, VRBO, Craigslisted, or rented a STAGED FLIP property while on MLS? (Have you ever found a new, willing to maintain staged cleanliness, short term tenant in exchange for a rent discount?) It se...