Kyle Schwery
Cold Call or RVM (Ringless Voicemail)
I'm going to get a list of about 650 vacant properties and 300 absentee owned, out of state properties skip traced. I'm contemplating doing a ringless voicemail campaign instead of calling each individual number. I wo...
Shawn Pottschmidt
percentage saved by do it yourself
I read a lot about hiring a contractor. Has anyone ever calculated how much they saved by not using contractors and did most of the rehab work themselves? Or the real question is what percent of costs is going to con...
Matt B.
Delaware Closing Costs
Hi All - Today I'm in Delaware looking at properties. We are looking all over northern DE (ie Wilmington, Newark, Claymont etc). I was looking at homes as high as $70k. When asked, the RE agent told me closing costs a...
Sean Gum
How to make private lending work at 12%+ interest rate?
I just watched the recent episode of BP where they talked about private lending. She said she pays 12% interest and newbies are paying her 16% interest! I am having a hard time finding deals that work with 7% interest...
Kyland Stevens
Need Help Estimating Rehab Costs - Tell me about your deals!
Hello!
I have never done a rehab of a house before. I am planning to buy a SFH in the Sacramento, CA area, and am trying to estimate very general costs for the rehab. Does any one have a recent project that they c...
Bryan N.
Costs of selling a flip
This has probably been answered, so if someone has a link that's fine. I've searched, but couldn't find it. I bought a property from a slumlord which I discovered after the fact.http://www.biggerpockets.com/forums/5...
John Boy
Depreciation Recapture (and Condo Converting)
Hi Guys, So I am trying to (finally) figure out the truly correct way to calculate my taxes on an underperforming 2-family property I'm going to sell soon (for purposes of below, I plan to sell in June 2015 and have ...
JD Martin
Tax implications for seller financing to my current tenant
Good afternoon all!
One of my tenants that I've had for several years is interested in purchasing the home that he's currently living in (he's rented two different homes from me). They've been good tenants but don't ...
Steve Sapowsky
Financing my first rehab
I will be closing on my first deal in the next couple weeks and I have the funds for purchase and closing. What are my best options for financing the rehab? (Appx $120k) I am a GC and will be doing a lot of the work m...
Bill E.
Duplex utilities
I found a nice duplex for 120000, good location.one side is 2 bed 1 bath, other is 1 bed 1 bath. Figured I could get a gross rental income of at least 1200.No utilities are separated. Would you avoid this one because ...