James Maglio
scope of work
Hello, I have a question on preparing scope of work for prospective house fix n flip projects. I know an overall scope of work is needed if I'm planning on hiring a GC to handle the project for me. On the other hand...
Mark Weins
Lower profit margins when wholesaling in lower ARV areas?
Hi, I am debating wether to focus my marketing onto Detroit at the moment. The ARV in the area is lower around 100k so my concern is that if I get a wholesale deal in Detroit my profit margins will be much lower due t...
Mardica Henderson
Evict or Terminate the Lease
Hi all. I would like your opinions on this situation.I have tenants on a month-to-month. Due to late and now - no payment situations, I need them gone. I'm trying to decide if it's best to evict them or terminate the...
Al Hernandez
Shoul I sell or rent my home?
Question? Debating if we should sell or rent our old home. We can rent for approximately $3800-4000. Our current mortgage is $2500 and $180 for HOA. Property in CA in very good rental market. Owe 345k and worth 750k-...
N/A N/A
Current Project
Bought a lakehouse for about 69% FMV and it was built in the 60's and never updated besides the furnace.
I just got done gutting the majority of the house out and took out landscaping and shrubs ALL around the home. ...
Justin B.
Newbie Seeking Knowledge
Hi, my name is Justin, I am debating on what a better investment would be. (in general) Buying a Multi unit property 3-5 Units (50-100k$) and living in one of them, This way I can use a fha loan with 3.5 % down as ...
Dor Sagi
Climate Change and Real estate investing
The climate crisis is real. Do you take it into consideration when:- Choosing where to invest (location)- Choosing a strategy (buy and hold, flopping, etc)- Climate proofing your properties- Etc.Would love to hear som...
Tripp Weaver
LLC Set Up
Who all have you used to set up your LLCs for your investment properties? I am currently looking to set up an LLC to list our 3 short term rentals under. Also, will I continue to get the W-2 Tax benefits using the S...
Paul C.
Charlotte investors - Stonehaven ?
Are there any Charlotte investors familiar with Stonehaven?
I'm under contract to buy a package of properties consisting of 3/2s. From a cash flow perspective, these properties will not do as well as my other Charlo...
Charles A.
LLC and cash out refy
I noticed how the LLC vs personal name purchase debate continues to rage on BP.
This week,I experienced another good reason buying with an LLC is a major trap.
My cash out refy process was going without a single hit...