Months supply of inventory is 7.8 with 73.3$ Change Year-over-Year.As we bid farewell to February 2024 let us carry forward stories of perseverance, progress and the unyielding vitality of Miamis real estate market.

Have a couple GCs bid the job for you.

It's best to get actual bids from multiple contractors.

What I did was had my mason come and assess the property and give me a bid to fix it.

Every market is different but there are things to consider (my first job out of college was bidding on properties at the courthouse steps):1.

Hui Doug,I have some questions about this.[1] Large bank; would I be likely to speak to a "Decision Maker" about selling the loan, or would it be more of a "proposal type bid" and then need to go to a Committee or EVP of XYZ in some other city to make a Sell decision (???)

May need a few bids on structural unless they have rock star reference.

But it's pretty easy to find a contractor that is good enough to do the job.If I was looking to do a little lipstick remodel, I have 4 or 5 contractors I could call who would all be a good fit.If I was looking to do a gut remodel, I have another 2 or 3 contractors I could call who could handle that job.When I'm doing a luxury spec, there are 5 or 6 contractors that I'm talking to for bids on those jobs before I pick the best fit.Finding a deal on the other hand... you can't just call up a deal and say you're ready.

Hey BP Family,Working with my Realtor right now to win my first bid (after 7 failed attempts) on a first time home.

Even the financing side is pretty straightforward math.Knowing what to look for in your initial tour, knowing how to ballpark renovation costs, knowing if contractors are taking advantage of you in bids are all components that can make or break a deal.Other tips, as noted: get the highest paying job you can out of school and save as much as possible.