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4 December 2024 | 18 replies
If you are reliant on a GC how are you confirming all of the sub contractors are licensed and insured?
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3 December 2024 | 14 replies
Having a good team is important -- especially with lenders, title company and contractors.
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3 December 2024 | 2 replies
They’ll help you identify properties with strong rental potential, offer access to a network of contractors and inspectors, and negotiate a deal that works for your goals.
2 December 2024 | 17 replies
Ive done all my research (plans, permits, contractors, etc) and feel like it's a no brainer and a fairly streamlined approval process in my area.
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1 December 2024 | 2 replies
One lesson learned: Create a good relationship with contractor and shop around for the best pricing on materials.
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11 December 2024 | 68 replies
I'm a stucco contractor here in the Bay area and dont make too much money because of 15 employees, however I drive for Lyft a couple hours a day and believe it or not that got my my first rental last November.
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9 December 2024 | 21 replies
You also have to consider the down time of not renting while you renovate and likely having to fly in several times to check on work, meed contractors, pick up supplies.
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30 November 2024 | 16 replies
This gives you the benefits of ownership without the hassles of “landlording” or playing general contractor—in my opinion, it’s a more feasible arrangement if you’re looking to live in one state and own in another.The initial outlay can be pretty reasonable as well.
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1 December 2024 | 15 replies
You can certainly ask the agent who helped you purchase the property for advice too ;)Since you are using a PM to run things, I don't see any need to meet anyone except your PM and the contractor/handyman you plan on using for repairs/updates.
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2 December 2024 | 19 replies
The team has to consist of a local realtor with experience in the areas, a lender with experience in commercial lending, and a contractor.