Dusty Warner
Contractor offering to carry repair costs
Last year I found a house in the framing stage of construction. Long story short, I decided to buy it for my personal home. During the construction I got to know the builder pretty well. Yesterday, I mentioned to him ...
John B.
Rehabbing a shell in Philly
Hello, I want to rehab a Philly row home of about 1700 sqft. Its a complete shell. What would it cost to put in HVAC, plumbing and electrical? It is legally zoned 3 unit.
Eyan Lakhani
How do I structure this deal ? and best exit strategy.
Hello everyone,This deal has a room to be creative so I thought lets take advice from the bests:Here it goes:ARV: 235KRepairs: $7,000 (Was completely remodelled in 2013. In great condition. NEW FOUNDATION, NEW ROOF)Te...
Horacio Gutierrez
Average percentage of the ARV for renovation costs
Hello,
I know each house would vary on how much to spend on its renovation costs, however, is there like a rule of thumb of a certain perecentage of the ARV price that someone should spend on renovations cost so it w...
Matt O.
Method to pay minimal taxes... to good to be true?
About two years ago my accountant mentioned "Captive Insurance" as a way to avoid paying a lot of taxes. When it seems too good to be true is usually is...blah,blah,blah, so I switched accounting firms (I had other re...
Megan Arzt
Seller backing out of a contract
So I just found d out today that the seller of the duplex I'm under contract to purchase is terminating the contract. They don't have any contingency to legally do so. I've already had the inspection and the appraisal...
Stan Hrincevich
Denver's Construction Defects Ordinance: make it simple
State construction defects legislative reform has failed so localities do it themselves. Now it's Denver's turn. The goal for developers is to cut down on the number of and frivolous lawsuits. However, this always...
Travis Morris
Heloc vs Conventional for buy & hold
Need some advice on whether to purchase a rental property (160k) with a already established Heloc that currently has a zero balance or doing conventional financing. Conventional is at 5.25% with 2% points roughly ($3...
Katie Miller
Something better than the "Four Square Method"?
Hello BP! I'm looking for a method you use to analyze rental properties that is better than or different from "The Four Square Method." The four square method (https://www.biggerpockets.com/...) is coined by Brandon b...
Matt James
New sale agent looking for brokers to join in
Hey, I am in north FL and primarily an investor. To help myself buying and selling houses and save on the commissions, I passed the sales agent exam and have the license now. Would appreciate your input on where to fi...