Ross Carlson
Potential Deal on Mixed use Property w/ Vacant lot
Hi Everyone,
Looking at purchasing my first property with my business partner. The property has a commercial space in front with 2 residential units located in the building.Purchase price: $400k.
Residential Unit 1 ...
Julie Miller
I flipped over this mill house!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $121,000
Cash invested: $114,000
Sale price: $330,000
This was my first fix & flip! After running my numbe...
Steve Mandelbaum
Do not ever use Universal Engineering Science they are the worst
I hired Universal Engineering Sciences to help assist me in getting my new construction permit approved by the city of Jacksonville and to run the inspections. The goal was to simplify and streamline the process. We ...
Cyndi Price
Rehab loan for > 4 units?
New here. The property is in Northern California - after inspections it was determined that a rehab loan is needed. $600k for property plus $150k estimate for rehab.
203k doesn't apply - what does? Private only?
Wh...
Darren Horrocks
Brainstorm: A list of systems for Buy & Hold rental
I am pretty new to REI and I am closing on my first properties within a month! I would like to be as prepared as possible for that time, so things go super smooth.I constantly hear ppl saying to breakdown everything i...
Chuck Williams
Manufactured Home Sub 2
Hey Team, I'm looking at acquiring a manufactured home up in Washington state and the seller is interested in letting me take over his mortgage. I keep hearing different rules and laws about the differences between no...
Bryan Cavellier
Whats the difference between PM and GC?
Newbie here so take it all with a grain or two of salt. What is the difference on a flip between the General Contractor and the Project Manager(a residential flip that is, not any big development) Second question, are...
Gregory Almy
Advice on a potential purchase?
Hello, everyone!First time poster here. I've been researching REI for about a year now, and I have an opportunity that I'd very much appreciate some input on. The short story: my mother's landlord will be moving out o...
Sheryl Sitman
Do some cities have worse contractors than others?
I just got back from completing a project in SW Florida and was floored by the quality of workmanship and overall management skills of the many contractors that I worked with. I think everyone even showed up when they...
Sol Romand
Developer leaving HOA
I own a condo in Brooklyn. The developer is selling off his last units after owning them for 12 years. At the 5 year mark, the developer turned over the HOA to the homeowners. We found out too late (after the elevator...