House Flip Construction Estimate

How Can I Get Contractors to Give Me a Rehab Estimate for a Potential Flip?

This question is often code for: I don’t know how to estimate rehab costs, so how can I get a contractor to help me perform my due diligence on a property by coming up with a Statement of Work (SOW) and estimating it so that I can put in an offer?   The Set Up You have decided to jump into flipping because that’s how you build up your war chest to start using the BiggerPockets BRRRR strategy. You have no construction estimation experience, but you have just found your first distressed property on the MLS, through a property wholesaler, or just driving for dollars, and are dying to get… Read More

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Rental, Multi-Family, and BRRRR Deal Analysis Released

After months of feedback from our customers, and the resulting product development, and improvements, I’m proud to announce the release of our latest features catering to buy and hold investors who buy and improve distressed properties for long-term cash flow.   Whereas the original focus of the software was purely to support fix-and-flip investors, the overwhelming feedback from our customers, and the current trends in investing are to purchase distressed properties and improve them as part of a long term buy and hold strategy.   To that end, the software not only continues to be the best in breed for in-depth analysis of the purchase, and fix and flip strategy… Read More

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Real-Estate Investment Financing Strategies

6 Strategies for Financing, Refinancing, and Exiting Real Estate Investments

While I’ve been improving the financing section of the REIkit House Flipping Software, I’ve had some time to think about the pros and cons of a few of the different investment strategies that can be used to finance your real-estate fix and flip or buy and hold projects, and eventually get your money back to reinvest in your flipping business, or rental property investments as in the case of the BRRRR strategy. Coincidentally, I’ve recently also had the chance to get into a few debates on the subject. There must be something in the air this week… The following is the list of the most common financing strategies that I’ve been thinking about recently: Strategy… Read More

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