
13 September 2024 | 7 replies
Make sure they provide all relevant financial data, vendor contracts, and other important documentation for the properties.

14 September 2024 | 32 replies
.#2 Repair Management, tracking expenses, following up with outstanding work orders, ensuring work completed with photos by vendors, notifying owners when there is a repair request by the tenant and track the time it takes from work order to completion, track the amount of repairs to a home at end of year so owner can see those expenses and try to get them on service contracts and off home warranties.

13 September 2024 | 1 reply
This can reduce labor costs, but be mindful of the time commitment.Leverage Economies of Scale: If you're working on multiple flips or rehabs, bundling similar tasks or projects together can help reduce costs by hiring one contractor or vendor for multiple jobs.Prioritize High-Impact Repairs: Focus on renovations that add the most value, such as kitchen or bathroom upgrades, while avoiding over-improving areas that won't significantly increase the property's resale value.By combining these strategies, you can manage rising costs while maximizing your potential returns on fix-and-flip projects.Kind regards,

13 September 2024 | 3 replies
We have the vendors all lined up ready to come in and fix stuff next week and it's nothing that can't be done within 1-2 weeks, even if our own DIY things.

14 September 2024 | 12 replies
You will need to get to know your property source, their team, their vendor partners and the city as a whole.

11 September 2024 | 6 replies
@Neera Melwani Additional insured is typically the process by which a vendor who performs services adds you to their insurance policy.

11 September 2024 | 4 replies
A specialized vendor could help in this situation.

13 September 2024 | 20 replies
You're dumb money from out of town to a lot of local vendors.3.

12 September 2024 | 14 replies
I don't know what side of town you are on, but you can easily connect with a network of investors and vendors in this manner.

11 September 2024 | 3 replies
Usually the GC will have suppliers or vendors they can coordinate with for the best deals.