Tim Anderson
Getting HELOC for flipping -- interest only?
I've decided to get a HELOC for my first flip. House I'm looking at is 70k ARV, 33k list, 3-5k repairs. You could really get away with doing nothing, but I'd like to do some light staging and minor repairs. HELOC is i...
Elijah Morin
Inspection before you start rehab
Does anyone else get inspections before they start demo? I recently did on a property and I'm not sure if it was worth it, if you get a inspection what do you get a 4 point a full inspection? If any of you local Flori...
Joe Curry
What percent do you give your investors?
I am contemplating bringing in investors to reach another level in my real estate investing. I do not know much about how to structure deals with outside investors. What is an average ROI for them? Does the % fluctuat...
Jim Hewitt
Investing with a HELOC
My wife had an idea to make some money by flipping houses. Using money borrowed through our HELOC she wants to buy a foreclosed house and then fix it up (I'll do the work) and then flip it. I am reluctant to use the ...
Account Closed
How much of my money should I use to accommodate a potential storefront renter?
I'm waiting to close on a new property. 2 occupied storefronts, one bedroom, and a "bare-bones," unoccupied storefront currently being used as a shop/warehouse. I'm new to non-residential so, my question to all the...
Evan Rumble
Any tips for analyzing properties. (1% & 50% rules)
As I am moving towards my first investment, I am currently trying to analyze as many properties as possible. assuming the property doesn't have any obvious red flags, I normally start with a quick check for the 1% rul...
Account Closed
I can generate 40-60 leads through door knocking a month....
If I am able to generate 40-60 leads a month by door knocking. What do you think that will translate into in terms of sales?
Nathan Guyette
Pooling resources for private security: Pros and Cons?
Currently I'm thinking of pooling resources of several landlords in my area to try and patrol properties.I'm looking for pros and cons. Here are my thoughts so far:Pros:Lower crime rate, higher confidence of renters i...
Edna White
I need help crafting a deal
Good day! I need suggestions on crafting a sub 2 deal. How can I negotiate to buy a house that didn't sell at $749k on the open market, subject to the existing mortgage with cash over, seller pay the broker fee and ...
David A.
Cost/Process for changing flat ceilings to vaulted
Hey all! I'm hopefully gearing up to buy this really cute 1bedroom cabin in the woods in Connecticut, and am excited to start demo-ing. The roof line looks like this: _/\_, and the building is 20x30 (10x20 on the flat...