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31 October 2024 | 15 replies
Its a little more expensive but when our tenants put in maintenance requests we can simply forward those to our contractors.
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5 November 2024 | 28 replies
I know its expensive but you will be well protected :)Or you save a lot of money and be better protected by doing this consistently and well:-carry appropriate types and amounts of insurance-sign contracts with indemnification provisions- obtain all necessary licenses and permits to operate your business-ensure all vendors/contractors are licensed and insured and list you as additional insured-sign well drafted and fair leases and be a responsive landlord -be an active owner or hire an active PM who avoids or at worse timely eliminates premises liability exposure The strategies you often read about are sold by alarmist asset protection companies who fail to disclose how impractical they are.
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30 October 2024 | 0 replies
Higher Costs for Distressed PropertiesTo comply with the new regulations, flippers will need to rely on licensed contractors for repairs, who typically charge higher fees than non-licensed labor.
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1 November 2024 | 2 replies
We finally found our go-to contractor after falling out with our original, who underbid the project, become flakey and eventually stopped showing up.
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1 November 2024 | 3 replies
Hire a contractor to repair.
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31 October 2024 | 4 replies
Hey @Cynthia Leite - I am a licensed general contractor in Chicago, and we have 32 categories in our scope of work, then, we have many subgroups under these.0.
30 October 2024 | 10 replies
I recommend that you build trust with local contractors first and starting with properties that are move-in ready or just need a little cosmetic touch-up.
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1 November 2024 | 6 replies
We are less susceptible to economic down turns because everyone here is a GS-15 married to a Booz Allen contractor and they will keep getting paid by the government regardless of what happens in the real economy.
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1 November 2024 | 5 replies
Poor management of contractors, permit delays, or running out of funds can extend the rehab timeline, costing you money.
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31 October 2024 | 7 replies
Analyze properties using deal calculators and build a small team with a reliable real estate agent, contractor, and lender familiar with the Philly market.Good luck!