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5 January 2025 | 24 replies
Horror story #2: while selling off one of the Class C Indianapolis properties, buyer asked me to pay replace the sewer line before closing... absolutely not...here's a partial credit (check to written out to contractor from closing proceeds so buyers don't pocket the money)
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4 February 2025 | 87 replies
They would like to do a deal but they don't have systems in place or contractors or sub contractors and everything is new to them.
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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.
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6 January 2025 | 10 replies
I'm sure that your contractor will be great, but it never hurts to get some unbiased eyes on the work being done.If you need help finding financing, I'd be happy to help you find something, regardless...Happy Investing!
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3 January 2025 | 3 replies
Once that’s confirmed, they’ll help you submit the required permits to the Department of Buildings (DOB) and get approval from the Department of Transportation (DOT), since it affects the sidewalk and street.After permits are approved, you’ll need a licensed contractor to do the construction.
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31 December 2024 | 8 replies
That doesn't pass a cursory BS test, and risks the appraiser calling out either fixed plumbing + permits, or a licensed professional remove the bathroom.
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3 January 2025 | 7 replies
I am working on my first Multifamily fix and flip and would love to partner with someone for a Multfamily fix and flip in Jacksonville, FL or Houston, Tx.We will be registering as general contractors in houston on the first day of 2025.
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30 December 2024 | 8 replies
Determine the cost of construction (hiring a contractor in the GNO area is going to start around $165-175/sqft to build) and be sure to include all holding costs, as well as interest in the loan.
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2 January 2025 | 3 replies
Connect with some contractors who can help you figure out what kind of rehab a property might need