21 January 2019 | 0 replies
I have the option of being hired as an employee or independent contractor.
24 January 2019 | 3 replies
I have the option of being hired as an employee or independent contractor.
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25 January 2019 | 20 replies
All Contractors are subject to the lender’s determination that the contractors are qualified and experienced, have all appropriate credentials required by the state, are financially able to perform the duties necessary to complete the renovation work in a timely manner, and agree to indemnify the borrower for all property losses or damages caused by its employees or subcontractors.Multiple Specialized Contractors: Since this is a limited repair/renovation program, no General Contractor is required.
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29 January 2019 | 12 replies
we borrowed at 6 and put it out at 20 to 30% but lots of over head 10 plus employees worked for me.. along with class A office it was great until 08 that's for sure.now we are at 6 to 9 month turn times.. simply because takes a little longer with shortage of labor and when the buyers are taking 60 to 90 days to get their loans after CO.. see in our day we put the investor into title with our loan..
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26 January 2019 | 13 replies
Once you get bigger with more properties, employees, etc - then that’s a different animal.
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25 January 2019 | 1 reply
I like the idea of BRRR and I'm excited for the rehab and refi to be done so I can see the fruits of my monies working for me and coming back with some more money friends.I've got my eyes on several other opportunities that I want to move on, but I know that since my W2 income is limited (state government employee with very few opportunities to get increased pay), my DTI is creeping up to the 28% mark (with the lender NOT counting rental income) and I've read that 43% is roughly the cut off...
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4 February 2019 | 10 replies
In fact, I found a great tenant that way.My only tangential experience with corporate housing is I used to work for a company that put some of our employees up in it.
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26 January 2019 | 3 replies
This means $93/mo on average for property management fees.At 50 to 1... that's $4,650/mo per employee.
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26 January 2019 | 52 replies
Almost if people on here are reconsidering the future of renting to federal employees after the shutdown .
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25 January 2019 | 6 replies
In lieu of the labor shortage, some developers are offering bonuses for employees who work a full week.Bullpen Summary: A lack of skilled laborers has resulted in construction delays across the apartment industry.The average construction delay per project is currently 5 months, up from 3 months in 2017.Low supply of skilled laborers has driven up the cost of apartment construction.Underwriters and analysts should consider this additional construction time when evaluating their deal