We also require that we be added to the contractor's insurance as Additionally Insured, so we're covered if they cause damage or liability issue.3) If the property is occupied:- One of our people MUST accompany their person (and we charge for this). --- We were sued many years ago, along with the owner, because tenant claimed owner's contractor sexually assaulted them!

But be wary, there are expensive accountants out there that try to overly charge clients due to their knowledge.

He said he charged $400 for his, is profiting well on it since he got his property for a third of market price some years before, and both he and his tenant are happy with it.

From working with an S8 specific contractor the sentiment was that many people don't want to work on distressed properties, as they can work in nicer areas and charge more money.

There is no point refinancing the almost paid off property to buy another-just get a mortgage on the new property.hard money lenders are going to charge you a higher interest rate.

Just wondering what they would charge for a small portfolio.

I bet you could make little to no money in 20 hours a week.

Legitimate lenders may charge a small application fee (around $250) to verify you’re serious, but if someone’s asking for thousands with no real intention of closing, that’s a huge red flag.On a more positive note, there are creative financing approaches out there.

Is this just someone betting big on inflation?  

Property Management will charge $140 per month+$20 supervision fees.