Greg Baur
Estimating Rehab Costs????
Hey allSo I feel that I have a strong handle on how to determine what a property is worth in my area based on it's current individual condition; as well as what it will be worth once it is fixed (ARV)... but I am stru...
Serge S.
Burning question to all you house flippers
I'm struggling a bit on what was seemingly a home run deal. Was hoping for some advice from you seasoned pros. I stumbled upon and quickly locked up a home that is 3 hours from the territory I typically work. Just ...
Jack Plantin
Too risky to convert and rent out illegal basement unit?
I'm in the middle of an deal for a legal two-flat in Chicago with FHA financing, but the numbers only work if I convert the basement into a livable space. FHA loan + expenses is $3000, Rental income with 2 units is $3...
Theo Bandy
General Contracting my own home
I've never built a home and I'm thinking about becoming my own general contractor. Can anyone provide some useful tips on how to choose the right subcontractors and best practices on foundation, framing, and insulatio...
Joe P.
My first BRRRR, complete!
I thought I would share what I feel is a small win with the community. Last week, I closed out the cash-out refinance on my BRRRR in South Jersey. Money wise, this property cost me $475 after the cash-out refinance. N...
Daniel Andrews
Completed my first Flip in Canton ga.
I just finished my first flip. The house was purchased off the MLS as a banked owned. Asking price was 119k and I offered 125k cash two weeks closing. They accepted the offer. Repairs. I am purchased a house flippin...
Cameron Campbell
What to do with equity in So Cal? Sell, keep or upgrade?
This post is inspired by show #238 @Michael Swan. I have about $250k worth of equity in a SFR rental in a suburb of Los Angeles I bought in 2010. The property about breaks even and the tenants are easy. I made the mon...
Justin Case
City Inspection Required in Seattle
Law just past today that in 2014 rentals will need to be inspected by the city of Seattle. All rights in this area are for covering tenants.
http://seattletimes.com/html/localnews/2019316566_rentals02m.html
Sara C.
Buyer wants to buy flip before completion and customize
Would love any thoughts on how to handle this situation...We are about 3 weeks from completing a flip. All the finishes are purchased and are going in soon. Our realtors—who we have a great relationship with (they fou...
Ryan K.
1950's ranch SFH, rewire and plaster walls
Looking to rehab a 1950's rancher, it needs to be rewired due to the old existing knob and tube wiring. It also has original plaster walls in decent condition. I was originally thinking a full gut job in order to make...