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14 January 2025 | 4 replies
Here’s a breakdown of the key elements you should include in your subcontractor agreement:Subcontractor’s Information:Full legal name of the subcontractor or company.Contact details (address, phone, email, etc.).Project Information:Internal Project ID or Purchase Order Number (if applicable).Project address.Clear identification of the specific scope they’re responsible for (e.g., electrical, plumbing).Project Timeline:Start Date: For the portion of work they are completing.Completion Date: Set realistic deadlines for their tasks, adjusted to your overall project schedule.Liquidated Damages:Specify a daily amount to be deducted from their final payment if they fail to meet deadlines (with exceptions for factors beyond their control, like severe weather).
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22 February 2025 | 28 replies
I see people without capital no experience or capital being taught to “help” desperate homeowners by tying up their property in a contract they have no way to successfully close without finding someone to pay more; costing the homeowner behind on their mortgage payments to lose valuable time that can easily lead to foreclosure; I see a program taught to students to take over a property ‘subject to”, leaving the seller unable to qualify for further mortgage financing, responsible for a loan secured by a property he no longer owns, and all held together by someone with 0 experience, limited or no capital, and no liability.
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17 January 2025 | 10 replies
"Phase I included 388 responses with over 1,200 comments and suggestions while Phase II included 141 responses and several hundred more comments and suggestions.
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17 January 2025 | 5 replies
As usual in most responses in this forum you are getting conflicting information.
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17 January 2025 | 19 replies
Same goes for many apartment buildings offering MoveIn Specials.So, if it's slow-time winter or a property won't rent for another reason, why waste time worrying about why it works or how to avoid it?
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17 January 2025 | 3 replies
Thanks for his response, super helpful!
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8 January 2025 | 10 replies
The market is slow currently and you need to check flood zones and assess insurance costs when underwriting a deal.
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20 January 2025 | 1 reply
He advised us to text him if we didn’t get a response from her.We obviously love the place, and it seems to fit our needs.
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17 January 2025 | 37 replies
Blue Gate Capital is the most unprofessional lending company I have dealt with, and your response to customer posts is ridiculous.
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12 January 2025 | 23 replies
It came up that this blind was for a rental house and then I got the required response that we have all heard "I would never want to deal with renters yada yada yada".