
23 December 2016 | 4 replies
Would it be smart to do a HELOC?

12 January 2017 | 21 replies
@Victor Vazquez, Yes Victor you have the ability to live in a shed and it sounds like a smart idea to me.

20 September 2016 | 20 replies
Hi Anthony,Thanks for clarifying.I would say you're smart to not pay the $10-$20k on coaching even if you had the money.

28 August 2016 | 2 replies
The smart investors (I'm not one in the fixer space) know which issues are easily repaired and buy those houses.

6 September 2016 | 10 replies
All of the smart commercial investors I know have been sitting on the sidelines waiting for the market to crash or correct.GC is a great background.

22 September 2016 | 5 replies
Hi Tony,Welcome to our BP Community and Congrats on your very smart decision to be apart of this site.

29 August 2016 | 5 replies
He has great hair and is smart as a whip!

30 August 2016 | 3 replies
I'm also trying to connect with people who are really smart and driven as those are the people who I enjoy being around.Thanks for all the help so far.

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.

29 August 2016 | 1 reply
We're both employed full time so leveraging the time invested by wholesalers feels like a smart move.