Justin Eaton
Hiring a GC vs acting as GC for renovations
So far i have completed 8 flips, 5 of which are sold, 3 of which are currently listed for sale, and 1 new flip currently under renovation. For the first 8 houses, i ran the jobs as the general contractor during the re...
Geoffrey Lessel
Turning a 2nd lien into a 1st when selling the note?
I am considering offering some owner financing on a property I am looking to sell. I currently have a first mortgage on the property so any note I create would be in 2nd position. I have two questions regarding this:1...
Account Closed
Do hard money lenders require a licensed contractor for rehab funding?
Hello BP community,
I have an amazing contractor (with a crew) who completely remodeled my home. He's professional, fast, reasonably priced and most importantly, trustworthy. However, he is unlicensed.
I want to u...
Jason Reed
The Coming Death of Airbnb
I have had a number of investors that have been excited to take advantage of airbnb with their rental properties and their own homes. Numerous clients of mine and aquaintances have already cashed in on airbnb. Propert...
Bill Coleman
Pot growers in rental: Opinion? (yes I am in Colorado)
The newest trend sweeping the rental market (from my perspective) in Colorado is that many tenants want the right to grow pot in the unit. I can see downsides and upsides.Downs: messy, elevated risk of break-ins and ...
Michael Ealy
BRRR Actual Deal - $2M profit or $15K/mo cashflow: with pictures!
Here's an actual BRRR (Buy-Renovate-Rent-Refinance) deal, with a $2.2M profit if we sell it or a $15,170/month cashflow if we keep it.
But before I share with you the details, a word of CAUTION to the newbie investor...
Steve A.
I make $1000+ a day...would like to get enough passive income to quit day job
Hi!
I'm new here. I work in a corporate office setting for my day job, which is just a horribly wrong fit for me. I've been striving to get out. To that end, I started online affiliate marketing last Novem...
Mel Hayes
Question: what are your principals for investing out of state?
Question for experienced investors who invest in rental properties out of state: what is your process? Do you buy fixer uppers? If so how do you oversee the rehab? How do you deal with property management? Do you onl...
Tristan S.
What is the right structure for someone starting to make deals?
Hello,I am a beginner investor, recently closed on my first wholesale deal. Now that I am starting to generate income from real estate, I want to know what would be the best way to structure my business. I am located ...
Kar Sun
Tenant keeps complaining
My AC has gone on and off for the past week.
We are checking on it daily and additional fixes are required.
It will probably take additional couple of days to fix it as it has been trial and error.
We are keeping t...