Account Closed
Builders/developers: how much do you pay for lots?
Builders: Is there a particular percentage of the ARV or other rule of thumb that you rely on to calculate what you can pay for a developed (or
undeveloped) lot?
Account Closed
Analyzing 1st investment - Los Angeles Duplex
Hi all,New member here.I’ve been learning about and following the real estate industry for over three years now and am trying to get my feet wet.Currently have an offer out on the following property – plan to buy and ...
Jay Fisher
need budget kitchen cabinets and granite countertops in Denver
currently doing a fix and flip in Denver (Centennial, Nob Hill) to retail in low $400's. Need a supplier of budget priced kitchen cabinets and marble countertops.
Joel Florek
Hot Water Heaters for 1 and 2 Bed Units
I wanted to quick ask what people have found to be the most economical solution to replacing water heaters for 1 and 2 bedroom apartments. I am looking for recommendations on brand and size. The best I can seem to fin...
Eric Haskell
Single Family House Hack, Maine
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $110,000
Cash invested: $165,000
House Hacked single family home, live in an primary residence.
Appraised at more t...
John G.
Cash reserves/ unit/ house
I'm just trying to get an idea of what everyone likes to have for cash reserves for cap ex, maint., etc. I am up to 22 units which all of a sudden there I am. Its easy to lose track of how much one SHOULD have in th...
Ayne C.
Rent back to seller, should I?
Im I. A probate situation and the closing has extended 2 times already. We are looking to close on the 27th of this month but the seller needs more time to vacate. I'm considering a rent back. What should I charge f...
Grace P.
Structuring a Partnership for a flip deal
My husband and I own a few rentals mutually in both our own names (not in an LLC). We did one flip before. For that deal we started an LLC and filed as an S-Corp. 50/50 split for cost and return of profit. Our CPA at ...
Doug Haisten
Probate and Foreclosure Issues on SFR
I met with a lady that received one of my D4$ post cards. The lady wants to sell/get out from under the house but has 2 big problems. 1) The house belongs to her mother (widow) but the mother passed away two years ago...
Victor Clarke
Red Flag on Purchase?
Hi All,I'm looking into purchasing a distressed property (2/1) in Beacon Hill from a turnkey house flipping company. I've negotiated the price down to 100k for the property itself, not including renovations, but when...