George Lekas
comping a closed hotel
Hi, everyone,
I need some input. My broker sent me an opportunity to buy a 90 room, full service hotel in a rural area, and the price seems low- the owner wants $475K. The biggest problem for me is: ...
Harold Groetsema
how does a contractor bid?
I just got a property under contract, and I have 2 contractors coming tomorrow for bidding the rehab. My question is how are they bidding? Do they bid all the labor and materials? Do they include the appliances? Do I ...
Corey Hassan
New member from New Hampshire.
Hi Everyone,My name is Corey Hassan from Merrimack, NH and I am very excited to join this amazing community. Although I have always had a great interest in Real Estate as it runs in my family, I really became interes...
Kevin Sobilo
About to Collect On a Judgement!
I've heard many times that its not worthwhile to sue tenants or to try to collect on the judgements against them. So, I wanted to share a story where it appears I am about to successfully collect the majority of a jud...
Barry Wong
What questions should I ask when interviewing a management company?
Hello BP,I have a STR in Palm Springs, CA, and starting to interview management companies. What are some questions I should ask when interviewing them?Thank you,Barry
Taylor C
Flat roof Question
I have a unit with a flat roof that wasn't done properly. There's a leak in one spot, and bubbling in other areas. I think it's rubber.
A local contractor says the top layer should all come off and then depending on ...
Account Closed
Fake it till you make it?
When starting out in real estate investing, Should you "fake it" and "pretend" you are more experienced than you are to ease a potential prospect's mind or should you be transparent with your complete lack of experien...
Paul Winka
"tenant in the house" so you can't see the house, Mr Wholesaler..
Tenants are additional barrier to viewing the property before making the offer. The potential seller "doesn't want to disturb the tenants" when I ask if I can have a look. I'd say I have failed as a wholesaler to find...
Lindsey Allen
Neighbor is claiming water damage after storm
I own a small rowhouse in Philly, purchased it last November, rented it March 1st. It was essentially a turnkey - it was flipped right before I purchased it (side note, thIs is all new and I didn’t know at the time th...
Cameron Fowler
House Flipping // Rehabbing Challenges
When looking into getting my first flip or rehab house there are all kinds of work that I am curious of and other people's experience. I would love to hear some stories or areas that were challenges for those who reha...