All Forum Posts by: Matthew Rembish

I’d be down. There is one in Manahawkin but I’m always up for something closer.

As hard as it may seem, I would say no too. By doing that, you’re setting a precedent.

Thanks J! Flipping houses is such an interesting business model; I find it fascinating understanding how other investors set up their own models to handle large volumes of properties at a time.

Hi J,

Just out of curiosity, when you’re handling many flips simultaneously, what do you use to keep yourself organized? Are you keeping track of all your buying, selling, fixed and rehab costs through software like Quickbooks or are there other tools you find more useful? I’ve only been able to get to 2 at a time and although I have many different spreadsheets, it starts to get a little crazy. I can’t imagine doing 5-10 at a time but that’s where I ultimately want to get to. Any advice on this?

Yeah, I’ve never had any experience with it but I’ve heard one success story with it. The space heater is probably your most reliable option but is going to cost you, like you said.

They actually make “heat tape” for plumbing lines that I’ve heard works quite well. Also, there’s an old remedy stating that if you hang an incandescent light in the space where the pipes are secured, it won’t let the temperature dip below freezing. Not sure about that last one but hope that helps.

In most cases, at least from my experience, it needs to be an enclosed closet in order for it to be considered a bedroom.

The max amount you should ever have to put up should be 100% of the material upfront. I’ll never pay any portion of the labor upfront unless I know them very well. If you pay even a little bit of the labor upfront and they back out, what do you have to show for it? At least with material, you’ve got something tangible. Once you start getting more comfortable with the contractor, you can try 1/3 upfront, 1/3 at the midpoint and 1/3 at conclusion of work. Hope that helps!

I would check out Brian Murray’s book “Crushing It.” There’s a ton of great info in there and I think you’d find it very useful.

I’m very interested in this as well...