James W.
Simple Bathroom upgrade ideas.
What are some basic bathroom upgrade ideas for a flip - minimal changes for great look - i list some below - pls feel to add any advice. Thank you.- Paint - Repair - plumbingWho does the below 4 items?- Change vanitie...
Greg P.
Closing Costs?
Hello, I'm wondering what everyone pays for closing costs. Typically, I use the same title company and they charge me $695 plus deed tax, transfer etc, but with a lender they are charging a $395 lender policy + prior...
Matt V.
Buyer / Family General Contractor - Conflict of Interest
We had an offer accepted on a house that we intend on flipping. I have working with my mortgage broker and looking to use a conventional rehab loan. One thing I am wanting to do being as 90% of the rehab needs to be c...
Ronak Patel
Due Diligence to look for when buying a property with employees
I'm looking at purchasing a property that has a good onsite manager. I'd like to retain this manager and the seller has told me what they pay her verbally, but doesn't have a contract with her (they are old friends).I...
Account Closed
Fire Damaged Home Precautions
For you seasoned flippers, what are the major items to consider when investing in a home that had a major interior fire, where the structure is still standing? Is this an investment where paying land value is the targ...
Pete Juratovic
Looking for a General Contractor in the Harrisburg, PA area!
Hi Everyone,I am looking for a contractor for a home we just purchased. We are needing the following types of items completed. Exterior Trim Painting (home is brick). I am also considering wrapping the trim with soffi...
Eileen Joyce
wholesaling
OK, I am absolutely going to show my ignorance, but I've never heard the term wholesale with respect to real estate. Someone please explain this to me.
Chris A.
Cost Segregation Study 481(a) deduction creating a loss
So I am thinking of doing a cost segregation study which will create a $250k loss as 481(a) deduction on my 2019 tax return. If I apply for a loan next year, will the lender count this 481(a) deduction as depreciation...
Chris G.
Gift to a potenial lead / follow-up gift
I have a great lead I am trying to work right now. Free and clear property. I think I need something more than just a standard hand written thank you card thanking them for spending the time to speak with me. I was th...
Mark Allen
Filling in Pool in DFW
I'm speaking specifically to those in Dallas-Ft. Worth area (DFW) - Does anyone know specifics for city code in Dallas as to how to fill in pool (holes, crush walls, etc.) and typical cost? I assumed $10k.Pool is roug...