Jimmy Mills
"If you close more than one out of ten offers, you're paying....
17 January 2016 | 33 replies
With that out of the way, I agree with you that a 1% procurement rate may be part of a viable (though time-consuming) strategy.
Hilary Thompson
Average Cost of Demolition
5 November 2015 | 6 replies
Have you procured a demolition permit?
Aaron J Latal
Investing in Spanish Lake (St Louis, MO)?
9 November 2020 | 9 replies
This will help procure the most qualified tenant.
Keith Frazier
Greenville/Spartanburg SC Investment start
15 November 2016 | 1 reply
Also, recently a member of the Upstate CREIA.My personal background consists of having previously managed self-owned town-homes in Massachusetts (born and raised), however, they were not procured in an investment mindset, but rather purchase, live in, move to next location and rent.
Yash Aggarwal
Tips to get Money for a Property
18 June 2015 | 1 reply
There’s a spread of sources on the market, and as long as you have got a good and reliable set up, you may be able to procure capital.
Daniel K Adderly
Alternative Commssion - Buyers Agreements
21 December 2014 | 9 replies
The name of the game is getting the numbers to work and I can't see an investor(especially here in the USA) signing off on an exclusive agent agreement where they'd shell out $20K whether the agent is the procurer or not, at least not for any residential transactions.
Brian Butterfield
Difficulty finding the right contractor to fit my business
26 August 2015 | 51 replies
If necessary, I will also put together rough floor plans with notes & floor plan changes to help visualize the project.On my detailed scope of work, I will provide a list of the materials that are CFCI or OFCI (Contractor-Furnished, Contractor Installed or Owner Furnished Contractor Installed)...By limiting the contractors proposal to rough materials & labor, this gives me ample time to finalize the finish selections on the project.Once the finishes are selected I will make a bulk delivery from Lowes/Home Depot to have all or most of the materials on-site (sitting in the garage), ready to be installed by the contractor.Here are my thoughts on advantages / disadvantages of OFCI Finish Materials, & I would love to hear everyone's thoughts:Advantages of OFCI Finish MaterialsOwner takes risk on materials - cost, procurement, scheduling & delivery is Owner's responsibilityContractor has less estimating risk - Contractor eliminates the quantity survey, & material estimating from his scope...Less estimating = Less RiskContractor spends less time estimating - Contractor saves time estimating the project because he doesn't have to look up SKU#s and prices for all of the OFCI finish materialsMinimize material changes & material change orders - Owner can make material changes/fixture changes without hassling the contractor & requiring a change orderSaves Project Management Time - Owner spends his time procuring, purchasing & delivering materials to the job site, so the contractor doesn't have to...Owner can save money on the materials - During the planning period, the Owner can shop around, find coupons/deals to save money on materials...The Owner may also save on contractor markupOwner can build business credit & Southwest Airlines points by purchasing materials :)Disadvantages of OFCI Finish MaterialsOwner is responsible for procurement/scheduling - If the owner doesn't purchase the finish materials according to the schedule or doesn't purchase enough material, the project can be delayed, costing the Contractor time & moneyContractor loses out on extra markup on materials - Contractor will lose out on material mark-up...On the last point, Contractor Loses out on Material Markup - The contractor doesn't need the Owner's finish material cost to markup their bid...If the project has $10,000 worth of OFCI materials & the contractor typically marks up material 15%, then that's an extra $1,500 worth of material markup...What's preventing you from just bumping your labor estimate by $1,500?
James Lindsey
Cash flow vs appreciation?
11 April 2016 | 53 replies
I am worried though about my novice ability to find and procure a multiplex house hack for my first home that will cash flow nicely.
Taylor Chiu
My renters are smoking pot...
20 November 2014 | 189 replies
Is this happening in the duplex that you have or have you procured more properties since you filled out your profile?