Jeff S.
The 76% rule
Just wanting to point out the importance of analyzing repair costs before buying for a buy and hold. Assuming 50% expenses and spending the rest on PITI can get you in trouble.
In the last 5 yrs my duplex has average...
Marssie Versola
Cost estimate for carpentry work for flip project
I am new to flipping and am looking to get a cost estimate of the following carpentry work. Does anyone have a decent rough estimate for this type of work or a suggestion on where I can get it? I am new to flipping...
Joseph Nguyen
Assisted Senior Living /Adult foster Home
Has anybody ever done this?Was listening to a Tax Podcast talking about potentially doing this via residential housing. Would be smaller in scale, less residents per caregiver (better quality of care), and less headac...
Brandon Giarusso
Should I pay my partner's wife for her design help?
My partner and I just closed on our first flip together and when it came down to dividing up the profit we've run into some issues. He wants his wife to get paid a separate design fee for her involvement. This had bee...
Marshall Henry
A Trashy Situation featuring my next door neighbor
We purchased a triplex about a month ago. We will be owner occupants and have been slowly moving in. I took the time to engage as many of my surrounding neighbors as I could and exchanged info and phone numbers with t...
Kim Durst
Numbers nerd? Take a look at this. Would like opinions
Scenerio:We own a lakefront property and turned it into a short term rental THIS summer. Would you keep it or sell? Keep in mind....June, July, August this year was at $275-$325 Next year, our rates are $340 in the ho...
Samantha L.
Getting Your Spouse on Board
Good morning all. It has been many years since I have posted on here. I started investing in 2010 ish when I was still single. In 2012, I met my first husband who was very on board with investing in real estate. It di...
Aaron Ingram
Quote Architectural Drawings
BP Community,
I have a quote for $7500 for architectural drawings on a rehab we are doing. It's a 1300 sq ft house, we are enclosing the garage and we are also doing a drawing to add a carpoint aside the house. Wonde...
Sean Kollee
inner city duplex post 21-28
I am skipping a lot of key material related to house building, but I guess anyone can check out my website for the full package. Here are some more summary posts lets try and throw a few more in here and go 21 - 28 a...
Emily Reynolds
Investor Split for Flip
We have Investors from out of state that are funding our flip 100%; home purchase & rehab costs. We are managing the project 100% since they are out of state. What is the typical % of profit split in this type of ...