“What is the difference between a retail contractor and a wholesale contractor?” – Brenna of Puyallup, WA Great question, and an important distinction to make. A retail contractor generally works with retail clients, typically people looking to remodel their personal residence. Retail contractors are bound by the schedules of the residents and retail projects are [...]

“What is a typical return on investment?” –Suzette of Burien, WA Return on investment can be looked at a couple of different ways.  The most popular method that we as real estate investors like to view these returns is by cash on cash. How much cash do I have to outlay and how much can [...]

As a real estate investor, you can put a flip calculator together and estimate what the specific project costs are going to be. I think that the biggest unforeseen investment expense is the one you as the investor are hiding from yourself in order to make the deal look better. What we seem to find [...]

What is the most common mistake most investors make when remodeling their property? Overspending on the rehab. This is a business where a lot of times we can buy the right property but we can ruin a really good deal in the rehab phase. This overspending commonly comes from two different sources: hiring a contractor [...]