I'm confused about the brrr strategy, about the 70% rule. Let's say, the property is priced up for 1,00,000 & there is an estimated repair cost of 20,000. which totals the money I have to spend to be 1,20,000.
i...
We have a C2 zoned lot approx 1.2 acres that is flat with nothing on it. We just got the project fully entitled for an apartment building and a separate commercial building with restaurant/retail (ground floor) with o...
As a wholesaler, I am somewhat sure there will be fees when dropping off the property and assignment contracts. I know it depends on the title company and how much they would charge, but from experience about how much...
Hi Everyone:I'm partnering with a financial investor on a rehab that we will flip. I have found the deal, will close on it and will do the entire project management on the house. He wants me to have skin in the game...
Tenants are responsible for property taxes, insurance on the building, and common area and maintenance costs under triple net lease. We are renting one of the units in a office building. One of the restroom water pipe...
Hi All,
I am a new prospective investor and I am putting together some information for a partner so that we can start the search for our first property! One of the to-do's that I am personally tasked with is to dev...
Hey everyone. Newbie wholesaler. I have my first assignment. I'm not sure if it's good enough deal. Please let me know if you think it will sell. The exit strategy will be buy and hold. Below are the facts:
-address:...
How has your experience with wholesalers in the Central Florida area been? What criteria do you use when deciding whether a wholesaler has a good ear to the ground? How much of their ARV and comps do you take to heart...
I am fairly new to the world of real estate and I am still trying to learn the basics on how to start a house flip! How do you go about paying a contractor? If I do a rehab of $30,000 does the contractor take a percen...
Wondering what kind of form/estimate sheet you all give your contractor?I've completed various renos, usually on the smaller side <40k and always used an excel spreadsheet with what is to be done, kind of broken do...