Stephen R.
Overbudget penalty for contractors
I recently decided to add a deadline penalty for a contractor that does not meet their agreed upon project completion date. Would a budget penalty be appropriate as well?I know many contractors will underbid a project...
Marcee Scott
Renting by the room....
I just purchased a house in need of rehab for 68K..4 beds and 2 baths. ARV should be around 125. I should have about 100K in it totally when finished. I paid cash for the property, but plan on taking out a loan onc...
Andrew Rellinger
Range Hood Options
Hello everyone,I recently purchased a property that I am going to househack then rent out after a year or two of living there. It has a kitchen in an area of the home where there's no attic access. The kitchen feature...
Derek Tuohy
Contractor charge $150 to give estimate / bid?
Is it normal for a contractor to charge $150 fee to inspect a property in order to give a bid/line item estimate?
Kaaren Hall
Maximize Your Retirement: The Ultimate Guide to SDIRAs
Investment-savvy individuals, get ready to amplify your retirement game! The Self-Directed Individual Retirement Account (SDIRA) isn't just a nest egg; it's your golden goose. Let's deep dive into how an SDIRA can r...
Chris Duzan
Area Analysis
I've been looking around BiggerPockets for a little while and haven't found much on the subject of area analysis. I'm reading a book right now(Buy it, Rent it, Profit! by Bryan Chavis) that discusses analyzing an area...
Account Closed
US Home Sales Slide for the Sixth Straight Month - Get out & BUY!
Hey, what's happening? Home Sales are down, down, down! I thought this was a real estate investing site.
Did you know that if you don't BUY, BUY, BUY it crashes the real estate market and that looks bad for the econo...
Al Sed
BIC Needed to Operate a Property Management Company in NC
Hi! I'm looking for a BIC referral for our Property Management Company in NC. My wife and I just relocated from SoCal and looking to expand our management business into the Outer Banks. We have almost everything ready...
Soup Nikk
Regular refinance or cash out refinance on rental property
Hello,This might be a newbie question but here's my current situation. I am planning to refinance my rental property (due to low interest rate environment). I bought the property in 2019 and got a 4.125% rate. I notic...
Andrew Feil
First Successful flip
Just wanted to share the details on my first SUCCESSFUL Flip. I purchased the house in January 2017 for $58,000. This was a foreclosure on a very desirable street in town. The bank originally had it listed at $120,000...