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30 July 2024 | 11 replies
My advice for you (and my future self) so far is:- be very detailed about underwriting your deal- add at least 30% to what you think your rehab will cost (even if this figure came from a GC)- have a really detailed design concept before work starts (including fixtures/trim/color scheme/etc)- check with your city/township's building department and see what permits you need up front- have more than one exit strategy- add a few weeks/months to your projected timeline- purchase cash if at all possible- build relationships, take notes, and learn lessons along the way- have funGood luck!
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29 July 2024 | 5 replies
FirstSource and have them price you materials for one of their pre-built designs.
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29 July 2024 | 6 replies
Here’s a quick breakdown based on my experience:Building new construction gives you full control over the design and materials, allowing you to incorporate the latest energy-efficient systems.
29 July 2024 | 6 replies
We also have absolutely insane tenancy laws designed to protect tenants and make landlords' lives difficult.
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28 July 2024 | 4 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
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27 July 2024 | 3 replies
Still on my radar, although I may stick to slab/stick built basic build designs.
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27 July 2024 | 3 replies
Anyone here have any experience or background in fitness center design?
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27 July 2024 | 1 reply
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
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27 July 2024 | 1 reply
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

29 July 2024 | 16 replies
We make bridge loans to owner occupiers but because they are designed to be short term, we do not report to the credit bureaus does that mean the borrower does not have a debt?