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4 December 2016 | 47 replies
On a typical project, here are the contractors I'll probably use:- Demo- Roofer- Painter- Carpenter- Plumber- Electrician- HVAC- Window Company- Tile Guy- Carpet Guy- Hardwood Guy- Cabinets/Countertops Company- Termite Inspection- Landscaping- Garage Door Company- House CleanerIn addition, on many projects I'll also use:- Drywall Guys- Insulation- Surveyor- Structural Engineer- Inspectors- Concrete Company- Driveway/Paving Company- Grading- Tree Trimming- Shower Glass CompanyFor big projects, new construction:- Architect- Civil Engineer- Foundation- Asbestos Removal- Sediment Control- Excavation, Dirt Hauling- Interior Sprinklers- Stone WorkEach of those contractors will typically get between 1-4 draws, depending on the scope of the work they have for the project.Then there are materials and other non-labor costs:- Permits (0-3 transactions per project)- Porta Pottys (0-3 transactions per project)- Home Depot Materials (3-5 transactions per project)- Dumpsters (1-3 transactions per project)- Paint Purchase- Cabinets/Countertops Purchase (2-4 transactions per project)- Flooring Material Purchase (1-2 transactions per project)- Specialty Material Suppliers (0-10 transactions per project)- Utility/Service Installation (0-5 transactions per project)- Private Inspections (0-5 transactions per project)- Insulation/Airtightness Tests- AppliancesOn top of that, I will potentially write several checks to:- Title Company- Property Inspector- Appraiser- General Contractor or Project Manager- Interest Payments- Utility Payments- Tax PaymentsOn top of that, I have my general business expenses:- Accounting- Legal- Interest Payments- Tax Payments- Brokerage Fees- E&O Fees- MLS Fees- Overhead/Office (Supplies, Equipment, Subscriptions, Software, etc)- Telephone/Fax/Internet- Income from Property SalesAll of these easily add up to a couple hundred transactions on a large project or new build, meaning many dozen per month.
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7 September 2016 | 7 replies
The market is kind of leveling out right now but there's not necessarily a sign of a crash, there's still high demand and low supply especially here in san diego.
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14 July 2017 | 6 replies
We have more people coming to Sacramento than we have housing, and so naturally demand will outpace the supply.
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31 August 2016 | 9 replies
Recommend electriciantest the unitsame as above duct appears intact __________________________________________________________generator by-pass home energized the master bedroom and bedroom 3 have GFI breakers in the panel boxthat would not reset there for the power in those rooms did not work, the GFI in the kitchen and the bathroomwould also not reset causing the power to the surrounding outlets not to work Electrical Wiring: Damaged --Other: N/A --Other: N/A_____________________Electric supply tested and functional?
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31 August 2016 | 10 replies
My advice comes from an experience with plumbing sub who left with over $20k of supplies and fixtures.
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1 September 2016 | 14 replies
And if it's a flip house I would need to find an investor for the supplies and if it's just a buy and hold I wouldn't buy a house that needs too much work, unless you think I should otherwise.
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13 September 2016 | 2 replies
I purchase properties in Michigan and supply investors with those properties once they are performing to our standard.
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10 September 2016 | 25 replies
This strategy is a bit different than yours (I believe) but it relates to maintaining your supply of strong/highly marketable properties.
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6 September 2016 | 24 replies
Is the information being supplied to you accurate?
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24 October 2016 | 2 replies
From what I can tell, the website is as good as whoever is supplying the deals in your area.