All Forum Posts by: Cynthia Archuleta

No, i never got hard answers. Everything i got was so vague it was basically worthless to me. What i did get was that project managers don't have the liability that a GC would so you would pay them less than a GC.  It makes the most sense to pay a flat fee with incentives built in for budget and time milestones.  I decided against a project manager for the lack of liability. Keep me posted on how you decide to play it. This article might be helpful:

https://buildingadvisor.com/your-team/construction-managers/

The property i'm looking into shows a dog bite on the records in recent history. My question is, if the person that was bit chooses to sue, am i not involved since it happened prior to my acquiring, or are you still open to risk. Do i need some clause added in closing. Indemnification? Anyone in Wisconsin deal with prior litigation or litigation potential and how did you protect yourself? Lawyers chime in. Thanks!

It is for a new build. Empty lot. 3bd/2bth home to be used for vacation rental. There is no immediate profit. He would be following the build. Probably using contractors he's worked with before and architect. Making sure permits etc taken care of. He wants what a percent of construction costs. I'm thinking it is a bad deal but wonder if this is a norm and what might be reasonable on a $230g build.

For new construction of i were to use a project or construction manager, what is their typical pay %? Or how have any of you structured payment for them?

Was she not making good returns? I went to park city recently and the re agent was pushing prospector on me. Would your friend advise against that investment?

I've been trying to get quotes for home insurance to analyze some of my deals. I've been spending a lot of time on the phone with my current insurance provider. Too much time.are there web sites where i can get online instant quotes? Like a i can with mortgage rates?

Where do you guys look up population and job growth information?

Why does everyone suggest against collecting rent in cash? I live in close proximity to a renter who pays in cash. Collection is no hassle. What are the other issues other than time?

I'm trying to protect assets and also avoid people writing rent checks to my name: Can i buy a property and finance with a loan in my name but the LLC on deed? Or do i buy in my name and perhaps use a DBA? How are you guys all doing this? Thoughts...

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