In the book How To Invest In Real Estate, the author claims that a property that doesn't meet the 1% rule will never be cashflow positive.Here is a proof against it. Buy a property for 500K cash, rent out for 2.5K, su...

Fellow BP’ers,Five of us long-time active BP’ers, @Jay Hinrichs, @Chris Clothier, attorney @Tom Gimer , and CPA @Brandon Hall and I have come together to change the life of someone that has sacrificed so much to defen...

Greetings, I am an aspiring multifamily RE syndicator. I have not done any deals, so one of my major barriers is my lack of experience. I was thinking of creating like a website for potential investors, that way I can...

My name is Sander Swenson, I am largely new when it comes to investing in real estate, but my father has been a property manager in the Bay Area since I can remember. I've been around Real Estate my entire life becaus...

Being as though I live in a Non-Disclosure state and have been unsuccessful at getting a Real Estate Agent to work with me, I have been debating on going for my own Real Estate License. I have read lots of pros and c...

So quick backstory about me.. I have 2 rental properties on Long Island, NY and they're both located in the same town.
Property #1
-Legal 2-family duplex (2 units)
-Does not need to be owner-occupied since it’s a l...

So does anyone negotiate with bids they received from general contractors on rehabs?

If so how do you usually go about that?

I put together a detailed scope of work and a bid document for the contractors. They the...