Spend more than half of your total working hours in an RE business in which you materially participate.2.

My mark up is always lower than the direct lender because I don't spend money advertising during the Super Bowl or buying a private jet for my CEO, and we don't have layers of management we need to pay.

With time management, sourcing materials and learning how to complete task on your own.

Replacing one bad fixture between material and labor can end up being 3X the cost of buying the better quality fixture in the first place.  

I don't work on houses, but I have to use B and A-basis values for material strength which in effect means the real material will end up being 20%+ stronger (depend on the material).  

I came up with $385,000 to build for material/labor.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

I am just really frustrated that they advertise this insurance that they refuse to pay out. 

Scenario 1 they don’t or refuse to move- eviction costs and/or lost rent Scenario 2 they move out and Cap ex and turnover costs, lost rent, advertising for new tenants in a somewhat of a qualified tenant shortage, headaches can be avoided by simply having a conversation with the tenant to see where their head is at, and that they understand what your expectations are.

Best to err cautiously and not really anticipate changes until they are material.