All Forum Posts by: Tyler Small

You can also look to see if the locality has a GIS system.  That's usually a wealth of information.

Typically it's pretty easy to figure out who owns a house and what their address is through searching for the tax records on the property.  It's all public information.  If it's a small town you might have to go to the court house and look up the deed to see who owns it and what their address is.  

I just wanted to drop in and say Jack and I are looking for these same properties together. I have another partner working with me as well

I don't think I saw the email. Did you send it?

That not at all what the article says, imo. You should up your reading comprehension skills. What the article describes is akin to insider trading in the stock market.

We also have 1099 guys that are required to have their own tools and vehicles. We pay some for taxes and some for insurance, but not much since they aren't employees.

Were you dealing with subs, or your own labor force? Our labor force is our own people that we pay directly. Not paying another company's overhead or profit, which would significantly impact labor to materials ratio.

I just signed up for the Meetup group on 5/22. Here is my introduction post:
https://www.biggerpockets.com/forums/55/topics/88777-new-member-in-northern-virginia

I'm interested in working with anyone both through my company or personally. My company has both money and knowledge to offer, I just have knowledge (not a lot of money, yet). If anyone is looking at purchasing a home in the NoVA Area, I can assist with pre-purchase inspection and help with renovation planning/project management. I'm not a home inspector, but I know construction and I can point out potential problem areas that home inspectors might miss.

I know overall costs vary widely depending on where you are in the country, but it seems like ratios would stay pretty much the same. I may be incorrect about that, so if I am, please let me know.

I just finished a renovation with the company I work for and we provided the majority of the labor for the project and bought all of that materials ourselves. The project budget ended up being 30% Sub Costs, 31% Materials, and 39% Labor. I subtracted soft costs, etc. for this analysis. The sub costs don't really play a role, but I'm interested to know what the members here think of my labor to materials ratio. It cost us $1.28 in labor for every $1.00 in materials. I think the labor was pretty high, but I don't know for sure. If there is a conclusion to be drawn, I would appreciate assistance from the membership.

Thanks,
Tyler