Pat L.
The interesting quote I have on my office wall
I young investor asked me about the 'meaning' of this quote & I was intrigued by his lack of understanding. I have attempted to drum it into my kids but it may be worth sharing with those close to you.So here it i...
Dan Powers
Mt. Airy Flip w/ Detached Garage
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $127,250
Cash invested: $110,000
Sale price: $390,000
This was a fantastic flip opportunity my investor picked ...
Jimmy Murray
Move out Checklist - Repair Costs
A pretty common question that I hear all the time is .. "How do you hold tenants accountable for damages during their stay?" Well, the answer is simple! A Condition Checklist which we supply tenants at move in.Then th...
Mac South
Our First Rental Property Flip
Investment Info:
Single-family residence buy & hold investment in Greenwood.
Purchase price: $108,500
Cash invested: $25,000
My brother-in-law, wife's cousin, wife, and I purchased our (my wife a...
Account Closed
Generally speaking, most people want to help
In general, most people have a genuine interest in our success. Agents are willing to help. Contractors are willing to give bids. Supplies are willing to lend a hand.This morning, in one of our flips, we walked int...
Frank Manning
Any tips on budgeting Cap Ex and repairs on a Multifamily?
I am seeing two 12 unit Multifamilies in Milwaukee WI this weekend.
I’ve run the numbers a bunch and am having trouble coming up with a good number to budget for cap ex and repairs.
For Capex I have an estimate for ...
Rob Scarborough
Using a "Solid Wall Porch" as a Master Suite
Good afternoon all! I looked at a 2-1, 750 sq' property. However, when I visited the property with my GC there was an addition on the back of the house that had plumbing (for washer), electric and heat. It looked l...
Olivia Grabka
Big Time Flip in Gardner, MA!!!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $110,000
Cash invested: $28,299
Sale price: $245,000
Welcome home!!! Your new home is fully renovated, all syst...
Samantha Klein
Estimated cost of replacing rotted joists
Hey all, I looked at a duplex recently where the floors in back section had sunk approx 4-6" and pulled the wall with it in some spots, looks to be sinking towards the middle of the back section. Some of the joists ha...
Hank Parater
Need insurance for old house
I am currently purchasing a triplex, in which I will live in one of the units for a year or so. The other two are and will remain rented. Financing is through FHA. I am having trouble getting insurance for the proper...