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7 December 2024 | 1 reply
The system must be large enough to meet the building's annual electricity usage.
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5 December 2024 | 8 replies
I think flipping is the way to go on this project since it’s my first deal which has always been the plan but very grateful for some guidance. 5 weeks of tear out, wall paper removal 🙃, new electrical, deck supports, HVAC install…we start putting it back together!
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13 December 2024 | 16 replies
They are vertically integrated management and have their own construction warehouse and contractors.
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3 December 2024 | 1 reply
We removed a chimney to open up the space and updated all the major ticket items—new electrical, HVAC, and roof.
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5 December 2024 | 17 replies
That might be the single most important point - 2 out of the 3 properties have come as off market deals through our network, and we also found our attorney, accountant, agent, contractors, etc through our network.
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7 December 2024 | 7 replies
Is that still the case that only W9s need to be collected from contractors that you paid with cash/checks?
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2 December 2024 | 1 reply
I'm a licenced Broker and I also handle project management for flippers, contractors, etc.FEMA 50% Rule: ALL of the homes that exist in a Flood Zone have a 50% limit on work that can be done to repair them without bringing them into compliance with current flood standards.
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10 December 2024 | 7 replies
Even if the property owner LLC is named as a co-defendant for construction related liability if you implement the steps I mentioned in my earlier post, in most instances construction related liability can be deflected to Builder or responsible sub contractors.
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9 December 2024 | 8 replies
They’re often well-connected to contractors and property managers who know the drill for moderate rehabs in that area.
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9 December 2024 | 16 replies
I would suggest building your CORE 4 which consists of a great realtor, contractor, property manager, and attorney after you choose where to invest in.