Mike Pastor
Starting a rehab company with your GC
Hey Folks,So I am in the planning phase of creating a construction/home improvement/contracting company that will work on my rehab projects exclusively, offer services to other local investors, and offer services to h...
Jack Forester
Where to credit seller paid closing costs (I'm the purchaser)
Okay, I bought a new rental property and had the seller pay 2% of closing costs (max allowed by my lender). Under the new Closing Disclosure form (no longer the HUD form), it shows nothing specifically paid by the se...
Rafie Ahmed
How to contain the chaos on a Fix and Flip?
Hello All How do you guys contain the chaos? i'm in the middle of a full renovation of a SFH and i'm feeling a little over-whelmed. I'm 4 weeks and 1 day into the rehab portion and things are coming along but there is...
Phil Christian
Laundry Facilities | Loss Revenue
Let's have a real in depth discussion about the loss income with third party supplied laundry? We all know that third party managed laundry skips off the top. How much do we think we are losing to skimming from the ...
Dan S.
Do I have to wait for 6 month seasoning before refi?
Hi,I am looking to purchase a property for 41K that should appraise for about 60k. I was planning on purchasing with cash and refinancing out as quickly as possible. All I ever heard was waiting for 6 months to do the...
Nick Foundas
Finding/Selecting local Contractors
For someone that is just starting out and about to embark on their first deal, does anyone have recommendations on how to find a good contractor to handle the renovations? Are there specific resources you might recom...
Adam Anderson
Contractor Retainage
A basic principal in dealing with contractors is to not pay for work until it is complete. With projects with multiple draws to ensure the project is complete it is important to withhold retainage.Retainage is a stand...
Andrey Y.
Open house etiquette
Hello guys, hope everyone is enjoying their Sunday.If you were working with a buyers agent, is it appropriate to just link up with the seller's agent at the open house and make an offer? Lets say you found the propert...
Sean Cronan
New Investor and new to BP - San Francisco
Hi BP Community!My name is Sean and I live in San Francisco. I am new to investing and new to BP. First off, THANK YOU very much for being so helpful already and creating the endless amount of content and info this si...
Paul Ortiz
Whats your biggest Frustration as New Real Estate Investor?
When starting out as a new real estate investor what were some of your biggest frustrations and/or challenges that you might have encountered.Property AcquisitionsRehabbing and/or RenovatingRaising CapitalI can tell y...