Jason Harris
Property under market value minimum repair costs. Determine exit.
4 October 2016 | 4 replies
However based on the photos I have seen, there are minimal repairs necessary for the property, and as result I do not know if my end buyer will be able to use hard money financing for the project.
Nick O.
Incentives for keeping contractor/GC motivated to keep bids low?
4 October 2016 | 21 replies
I do agree that for all parties a fixed price estimate is best (you need to know how to estimate properly).To be successful as a GC, things like getting a large deposit, making sure you are always staying ahead on billing and are spending clients money and not your own, marking up all costs at least 20% to cover OH&P, billing appropriately for change orders, not to mention staying up to date on latest building methods and continuing education, are the minimum requirements to last in this business.Of course you have to keep construction costs as low as possible when you are rehabbing a real estate project.
Noah Mellor
Buying out of state
26 February 2017 | 19 replies
We are projected to have 18,000 people move here from the Bay Area next year.
Account Closed
Using Home Depot as a Contractor
30 January 2017 | 8 replies
For example, water heater install and there is no shut-off valve before the heater it cost $150 for a $20 part with 15 min of install.The challenge with doing a project (one that involves more than one trade-like kitchen or bathroom update) is there are usually holes in between what each contractor does and filling those holes is challenging.
Tyler Belliston
How does a young college student get in on wholesaling?
4 October 2016 | 6 replies
Alright, I gotta get through college debt free.I'm well on my way, but I need to come up with another $10,000 or so over the next year in addition to what I already project making.
Clayton Swansen
Buy or rent or just go surfing?!?
3 October 2016 | 5 replies
I need a turnkey on this one, or nearly so, as I just don't have time or money for major renovations right meow.
Mil Sanghvi
GETTING A MAINTENANCE MAN.....HELP!!!!!
2 October 2016 | 0 replies
Hi,I am hiring a full time maintenance man to renovate and transform an apartment complex.
Christopher Cahill
COULDN'T PASS THIS UP... BUT HELP!
2 October 2016 | 8 replies
In any other circumstance I wouldn't have even been able to afford this project, but like I said I couldn't pass it up.
Adam Jaken
What part of the country is there a better return then 6%
9 October 2016 | 39 replies
We like value add in the best submarkets (of the best cities) and believe 8-10% CoC is very achievable w/attractive total returns......after re-positioning (renovations / new property mgt team) are implemented.
Robin Petrasek
Prague flip flat 30% profit aim
16 August 2019 | 4 replies
It is a 111 m2 (1194 ft2) flat which needs full renovation.