Hello,
I am a starting investor. An older lady wants to talk to me about selling her home. She informed me that the house needs a lot of repairs and she has never gotten an appraisal, therefore has no clue h...
BP,I went to a seminar last week and I heard a little trick that some people do to quickly access repair costs. He called it the "Rule of 5." The basic premise is, you add $5K for each major repair the property needs ...
Does $200 per window installation sound fair? 8 windows total, he will take out old windows, remove old caulk, replace new windows and re-caulk I can use a caulk gun lol but I’ve never worked with windows Is this some...
I hear quite often on the BP podcast to not do your own rehab work and to not self manage. But other episodes contradict the other by stating the opposite. To build sweat equity and increase cashflow via self managing...
I've purchased multiple houses in the past and really enjoyed the rehab process. However they were all primary residences at the time. My question is what would you recommend to get my feet wet in a fix & flip bus...
Hello BP Tribe!I wanted to express my experience of researching, purchasing rehabbing and selling our 1st of many flips. Hoping this will be an encouragement to those just getting started and hopefully will put a smil...
I've been looking for a larger multifamily building in my area lately. I've decided I will use a property manager, but at what point do you need an onsite manager and/or handyman? I have a 90 unit under contract rig...
Every state, im pretty sure, has their own landlord/tenant code book correct? So say you have rentals in de, pa, va, md, you have you buy a landlord/tenant code book and read them front to back and understand the do'...
Hello BP!
Just wanted say I love this forum and I wouldn't be where I am now without it!
I got a lead on a motivated seller for a MFD home in a B- to C+ area. This is going to be a Lonnie Deal.
Specs:
- 1970s 18x56...
Hello all, I'm looking to build a couple houses with the same contractor I've been using for rehabs. The average rehab costs is around $35k, but these higher end houses and new construction ranges from $120-160k. He...