Derek Bell
Meter stack shortage
I have a 15k sf warehouse new build that just got finished. I have it 75% leased. I am missing out on 18k NOI per month because I cant get U&O’s. There is a major backorder of meter stacks going on Nationwide. My ...
Jane S.
HELP! Buyer dropped out but left damaging inspection report!
I'm selling one of my rentals and received an offer from a buyer along with their inspection report which is full of errors and lists many items as non-functional that ARE functional. I had some minor plumbing needing...
Olivier M Ouedraogo
Itimized bids for rehab
Is it common for contractors to refuse to provide itimized bids?
Bobby Hughes
Need advice on Flip
Hi everyone,I am new to real estate investing. I decided to purchase my first house for a flip a few months ago. I purchased the house, built in 1950, for $49,000 with funds from my newly formed Self directed IRA set ...
Sam Booth
How many rentals to retire?
So I have been investing in real estate in the south since 2021 and now have 5 properties. How do you know how many properties you need to retire? It's hard for me to know how much cap ex and repairs will be in the fu...
Cody Davis
Adding equity to a single family BRRR
Hello BP friends, I am preparing to invest in my first single family BRRR. I’m thinking about doing renovations and trying to decide what changes will bring back the most equity. I know kitchens and bathrooms are a go...
David de Luna
Best Practices for GC on Rehabs and Draws
I'm interested in hearing from fellow flippers about how they have managed the process of draws and payments to contractors. I work with the GC at the outset to establish what items will be completed for each draw. So...
Chris Weiler
Collect a W-9 when giving "Cash for Keys"
Do you collect a W-9 when giving cash for keys? What if they refuse to sign? I just gave a large sum of money to someone and they refused to sign or give their SSN. I purchased quite a few household items from them an...
Carlos Silva
What is tax deductible when buying a home?
I’m looking at buying a home as primary residence. What portion of the down payment or cash to close is tax deductible? Can I expect a decent tax return next year after buying a home as my primary residence putting ...
Robert Niessen
Insurance remedies asked after coverage started
Hi BP community,Has anyone had this happen to them? I recently switched insurance carriers for two of my rental properties and about two months after coverage started, I received a letter for each property with a lis...