Hi BP community! I live in Austin and am looking to potentially do a live in BRRR over the course of a couple of years. South Austin has a lot of older homes that are more reasonable prices BUT given the year they were build they likely have asbestos related remodeling issues. There are a lot of ...
I've fully renovated several houses for investors, so I know exactly what those renovations cost because I completed the work myself (interior/exterior). I can also see what the investor originally paid for each property and what they eventually sold it for. My thought is to use those real projec...
I’m getting ready to start flipping properties in the Bay Area. My financing is already in place, and I have a trusted contractor lined up to handle renovations. The next—and most important—step is finding the right under-market property to purchase and flip. I’d greatly appreciate any suggestion...
For experienced flippers: What expense do new investors most often underestimate? Holding costs? Permits? Labor? Contingency?
I bought my first investment property and did a rehab myself on the main unit, but I want to make the detached garage an ADU to househack for now. I want to act as GC and do some of the easier work myself, but I could definitely use advice on how to go about that. I see architects, designers, and...
Hey there! I've made it my mission to share my experience with as many real estate investors, home improvement contractors, and homeowners in the Greater Pittsburgh area as possible. I wanted to give you a heads-up about my experience with Affordable Dumpster Rental. They charged me around $1,400...
For anyone active in the San Fernando Valley / Lake Balboa market, what trends are you seeing in buyer demand for renovated SFRs right now? How are your holding timeline projections faring in this area given current market conditions? I'd love to hear feedback from local investors, flippers, or a...
Long post, but every number is real and from public records — hopefully useful for anyone underwriting flips right now. A few weeks ago a listing popped up here in Tacoma: 3,367 sqft, asking $404k. That's $120/sqft in a neighborhood where renovated comps trade around $160+. On paper, deal of the ...
Happy Monday, BP community. For anyone analyzing a fix-and-flip this week, here are five numbers I’d want to pressure-test before submitting an offer: Purchase price: Are you buying at a real discount, or does the deal only work if everything goes perfectly? Rehab budget: Does it include permits,...
I've been investing on the Delmarva Peninsula (Lower Maryland Eastern Shore, Sussex County DE) for years, and septic is consistently the item that separates the investors who make money out here from the ones who buy a lesson. Most people treat it as a pass/fail inspection line. That framing cost...
Has anyone ever done a hard money loan for a fix and flip on a property that is going to auction? This property has an ARV of roughly 280k and was foreclosed on. It was listed for a while on Zillow and never sold so it's getting ready for auction. This property has some roof damage and a leak but...
Hey everyone, I’m working on a flip and could use some layout advice for the second floor. Right now, the house is a 3 bed / 2 bath. Downstairs has 2 beds and 1 shared full bath. Upstairs has 1 bedroom, a full bath, and an open loft. The main issue is that the house doesn't have a true primary su...
I am helping a client with selling and gathering bids. When I first viewed the place was covered with roaches and bed bugs. They are doing treatments but they won't be done till end of August and into September (it's multiple treatments). As far as rehabbing do you wait till treatments are done o...
Well, I had been doing research. It seems I should truly do the research and elbow grease for a 20x10 kitchen and island in Chicago. It seems buying the cabinets myself and having my good carpenter do the work can save me a bunch of cha ching vs having the GC handle this. I found a few RTA stores...
If you had a close friend who had an option to receive a single-family home in a good neighborhood in the Bay Area mortgage-free as a gift from her parents, but didn't want to deal with project management of contractors, etc. to rehab it after years of deferred maintenance (possibly pipes, kitche...
Hello! I'm currently under contract on two properties. Both properties will need light cosmetic rehab. I currently purchase properties using HELOC. I have heard on multiple occasions about using 0% APR credit cards where you have 12 to 24 months with no interest. I'm having difficulty trying to u...
An inspection flags possible foundation movement, moisture, old wiring, or a sewer issue—but still doesn’t give you a reliable repair number. At that point, you can pay for an engineer, sewer scope, mold test, or trade walkthrough before closing. Or you can price the worst-case scenario into the ...
Every experienced flipper seems to have one category they never underestimate. Which expense has taught you the biggest lesson?
Christmas came early! The cabinets went in a couple weeks earlier than schedule so we are looking good to finish on time or better on this Antioch reno. Very budget friendly finishes to stay in line with the neighborhood. A few upgrades. Ended up with a change order to take out some extra walls a...
Every project seems to teach you something, whether it’s about underwriting, contractors, financing, timelines, partnerships, or knowing when to walk away. What happened on your last Arizona deal, and what would you do differently next time? I’m active in the Phoenix distressed-property market an...
After a rehab goes over budget, almost every extra cost gets labeled as an unexpected issue. But sometimes it wasn’t hidden. It was visible in the inspection report, photos, or walkthrough—it just never made it into the original scope. When you review overruns, how do you separate: genuinely conc...
How Do You Estimate Cosmetic Rehab Costs Before Making an Offer? Do you use a cost-per-square-foot estimate, contractor walk-throughs, or a standardized checklist? I'd love to hear what methods are working for experienced flippers.
I feel like I've noticed a decline in investors looking for flips in the middle Tennessee area recently. Some just seem too hesitant to buy anything at the moment. I'm constantly getting single family homes under contract but I'm having a hard time finding serious buyers. My deals make sense and ...