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What happens if I complete some of the tasks listed on the construction draw under general contractors responsibility? Does that free up money so to speak use elsewhere on the house or would it somehow be a bad thing?...
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Hi BP family,I own 3 single family homes here in California, but want to start looking at multi units.I have $200k to invest, do you have any ideas or recommendations on what my next deal should be? What would you do?...
After speaking with lenders, they have clarified to me that the FHA loan amount is based on the appraised value after repairs and not merely the amount of the purchase price plus the cost of repairs. I sought to clari...
Hello BP community! I’m in negotiations for my first deal. I’m purchasing eight properties. I have my LLC, and plan to open a business account ASAP. We are using a simple contract between our entities. The current co...
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Hey everyone! I'm new to the real estate world. My focus is in Long Island New York. This post is just for people like me if there is anyone that is new or have been doing it can learn and maybe work together on getti...
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Hi BP family!
Question today is, and it may be a dumb question, does the contractor have to see the property before giving estimates? What if I just want to know repair estimates on a property I find on redfin/zillow...
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I'm partnering with my contractor on a multi-family apartment complex. Based on all my numbers the property breaks even with phase 1 (6 apartments)and phase 2 (8 additional apartments) improvements. We want to buy the...
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Hey bigger pockets I'm considering paying someone to build me a nice professional website for around $300 For my wholesaling business. I am wondering is this a good idea or should the website wait being I am a brand n...
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So I’m a tech guy from Seattle, and I’ve been exploring interesting real estate datasets. One of those datasets was one I found on Zillow’s website, particularly around breakeven points (measured in years) on buying h...
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looked at a townhouse today formerly a Freddie foreclosure. Sheetrock cut at base as if water damage. Don't think it was a flood but probably a burst pipe. Base cabinets in kitchen also missing. Property is winter...