I inspect my own properties once a year, I try to take care of the things that reduce later damage like cleaning the gutters and servicing the furnaces.

Same with the hit on sales price, they don't want their buyer going down some wonky loan rabbit hole over a $1000 roof leak, that's going to reduce the sales price they can get by a LOT more than $1k.

My contractors' system has saved me many thousands of dollars and stress over the years.My son and I have contracted for several million dollars with contractors and subs, it ain't easy keeping up with them, material, labor licensing etc.

We’ve began instituting a small bonus of 5% of total labor cost if contractor finishes on time, as well as a fee per day deducted from the final balance owed, for every day it goes over schedule.

After reviewing the supporting docs, the amount was reduced to $220,000 due to the type of employment of one of the borrowers. 

You’re calling low paid labor on the other end of the line.

@Nat Chan you could present it like that but you will probably lose your contractors.. there is a shortage of good labor as I read on BP and hear from other contractors all the time.

In this situation, I charge a $50 fee for the administrative time required.If your agreement was a reduced rent for one person, you should absolutely require a rent increase for the additional occupant.

Recommend repairs to reduce moisture damage.

bought with cash, credit cards financed material, cash and credit card financed labor How did you add value to the deal?