Alan Mills
Sewer clean outs required?
4 January 2025 | 9 replies
Quote from @Alan Mills: Got an inspection objection back with something I’ve not seen on my other rehab’s (this is a Colorado property):“The seller agrees to have a licensed plumber install external sewer cleanouts per city code and scope the sewer line ensuring its integrity.”This was a full interior/gut rehab and almost everything is brand new.
Chris Kay
How Far Does $50k Go for Rehab?
15 January 2025 | 14 replies
Contractors are paying their experienced workers $250/day these days in our parts.
Derek Farmer
Fix and Flip plan
10 January 2025 | 18 replies
One of the biggest factors in successful flips is building a strong team: contractors, agents, lenders, and property managers.
Paul H.
Questions when working with a new/unfamiliar wholesaler
30 December 2024 | 7 replies
Unless you are confident in estimating the renovations needed, I would highly recommend getting a contractor's professional opinion of the rehab costs.
Jason Mitchell
New Detroit Rental Investor
8 January 2025 | 9 replies
Will be two different Scopes Of Work (SOW).How will you find, vett and manage contractors remotely?
Shawn Nofziger
Real Estate License?
20 December 2024 | 19 replies
Nah, I didn't have license for years and did many investment deals.
Christian Hwang
Advice for a New Out of State Flipper
1 January 2025 | 22 replies
This contractor has 0 reviews on yelp which I found a bit sketchy, but was able to vet him by his contractor's license, worker's comp, and by visiting some of his ongoing projects.
Chris Garnes
Please help - advice needed to complete two flip properties.
10 January 2025 | 5 replies
The other hurdle is to find a contractor, that is something that you can do as well.
Ricky Reddin
Renovation On A Property
12 January 2025 | 7 replies
my condolences on your recent lost.there are a few ways you can do this, as mentioned above you can take a heloc on your primary residence which will give you a second mortgage, first mortgage payment wont be impacted. you can do cash out refinance which will give you one mortgage and payment. it will pay the old mortgage and give you money in your pocket to pay for the rehab.or you can do a renovation refinance which is similar to cash out refinance but we would contractor involved as part of the refinancing and they are paid through the loan
Dani Murai
General Contractor that services the Torrance/Gardena Area
17 December 2024 | 3 replies
@Dani Murai, while I can't give you a name of anyone in your area (I am not from there), when you are interviewing contractors, here are a couple things I have seen:I avoid any contractor that has a draw schedule based on percentages, i.e. 1/3 up front, 1/3 at halfway completed and 1/3 at completion.