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22 February 2025 | 13 replies
This document is signed by the contractor, subcontractor, or supplier after they have been paid in full, and it legally waives their right to file a mechanic’s lien against your property for the completed work.There are two main types of lien waivers:Conditional Lien Waiver – Becomes effective only when payment clears (use this if you’re issuing a check or waiting for a transaction to process).Unconditional Lien Waiver – Takes effect immediately upon signing, meaning the contractor cannot later claim unpaid amounts and file a lien (use this only when you’re certain payment has been fully made).To protect yourself, always require a signed and notarized unconditional lien waiver after making final payment.
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24 February 2025 | 71 replies
I live in Fishtown, and Adair and Hackett are getting so many applications from students who want to go there who don't live in the catchment, it's become incredibly competitive.
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27 February 2025 | 25 replies
The times were different then: rates were incredibly low and property values were steadily rising so even if I overpaid for a property (which happened a few times) the market usually bailed me out.It's a very aggressive strategy and as others have said, if it doesn't go right then there is a lot of risk.
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24 January 2025 | 7 replies
As a General Contractor myself here in east central Texas, I can tell you that connecting with local GCs via Facebook groups can be incredibly helpful.
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24 February 2025 | 4 replies
., can help effectively navigate challenges.
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19 February 2025 | 19 replies
It's boring and takes more capital so it's not as exciting but it has been effective and I feel its something everyone can do.
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21 February 2025 | 10 replies
This is not easy to do consistently and effectively.
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17 February 2025 | 40 replies
This information has been incredibly helpful.
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12 February 2025 | 17 replies
I'm looking at purchasing a small multi-family rental property in the Allentown or Philadelphia area, and I plan to use the BRRRR strategy.I'm struggling with the best way to analyze potential properties to ensure a solid ARV and would love any advice on effective tools or methods you use.
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9 February 2025 | 5 replies
Consider reaching out to a local Rental Owners Association to connect with experienced hosts, gain valuable insights, and access resources that can help you navigate property management more effectively.