
5 March 2024 | 4 replies
Again, if the use of the card is merely toi help advance the purchasing of longer lead items until the bank draws hit, that's a different story.
5 March 2024 | 7 replies
I've have had the occasional occurance where the new escrow company was not well organized and I've had to resend items or have items redelivered.

3 March 2024 | 1 reply
Tammy,Sounds like you have a delicate purchase coming up that will require some step by step guidance.

6 March 2024 | 20 replies
Otherwise, it'd be as if the IRS will chase after you for not itemizing your deductions instead of taking the standard deduction.For the same but different, I qualified for REPS the past few years but didn't claim it.

7 March 2024 | 29 replies
Source in terms of time BiggerPockets https://www.biggerpockets.com/blog/defining-asset-classholis...All I'm saying is when defining something it should easily be applied across those items being referenced.

6 March 2024 | 9 replies
Interestingly, they've recently negotiated a re-purchase price with us IF we bring new funding to the table.The rehab is required for several reasons: (a) correct the damage the bank has allowed to happen to the property improvements these past few years (known problems include completely destroyed pool makeover; wild animals living inside the residence; flooring missing in sections of the rec center building; destruction of the decorative main entry gate mechanism; lots of dead landscaping; as well as latent defects not known to us such as working plumbing, HVAC & water services) AND (b) expansion & upgrading of the accommodations (converting the private residence to a 2-story lodge with the restaurant/bar, reception/check-in, movie room, public restrooms, gym/sauna/steam room/massage therapy room; enlarged pool & deck area with climate-controlled cover for year round use; conversion of former restaurant/bar building to a general store selling venue collectibles & wearables, selected pre-packaged foods, sundries, RV & camping items, bagged ice & a propane refill station; construction of a free-standing event center; free-standing cabins; enlarged & upgraded RV park with its own small restroom/coin-op laundry building; outdoor activity areas; new landscaping & fencing; new parking area & entry drives (personal car & RVs).We know our target audience having created and operated the former version of this resort for almost years creating an initial membership base numbering about 1,100.

5 March 2024 | 2 replies
How did we manage to continue missing items?

5 March 2024 | 11 replies
Hey Chris,I have an example Scope of Work document uploaded to my fileplace which has a list of common Scope of Work items and descriptions to get bids from your Contractors, which might be helpful.https://www.biggerpockets.com/files/user/drobertson/file/sample-contractors-scope-of-work-documents

4 March 2024 | 6 replies
If it's part of the contract that the seller will take care of all of the village inspection items and now he's refusing then your attorney (if your using one) should be communicating to the seller that he will be in breach of the contract if he does not take care of the items.

4 March 2024 | 1 reply
What's most important is simply having an itemized scope of work for the $70,000 rehab--you want to be able to explain how you got to that number and what exactly is going to be done to the property.