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29 January 2024 | 1 reply
I need help from those who are experienced or knowledgeable in the field to share insights into the scope of work during the design development phase of a new home design.Also, what does it mean when it is noted that “The Design Development Documents shall illustrate and describe the refinement of the design of the Project, establishing the colors, textures, materials, fixture selections, and appearance of the Project using plans, elevations, and specifications?”
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18 October 2023 | 40 replies
I think Melissa Nash list would be good to read as well.IF OP has invested in all those four cities, I may buy as well, skin in the game is very important.And the next question I would ask, is what is your *actual* number ?
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15 September 2020 | 27 replies
Problem with giving them away for free to tenants is that tenants won't care to leave as they have no skin in the game (they got it for free).
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29 January 2024 | 18 replies
Guests having skin in the game makes for better guests.
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29 January 2024 | 3 replies
Generally HMLs will have max LTC/LTV so while you can work the numbers, there is still going to generally need to be an X % of the investment as "skin in the fame"If you have the cash, is it better to not finance repairs using a HML?
10 January 2018 | 6 replies
An example given is on a $100k SFR with a 15% down payment, I come in at first position at 75% and the broker takes second position at 10% At first glance, this seems like a positive since the broker will have skin in the game, but just wanted to ask you all what you thought.
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1 February 2021 | 75 replies
@Matthew Grisafe No money down means no skin in the game.
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28 December 2018 | 28 replies
Peter, good questions, I don't have a definitive list, but let me give it a shot:- surveyor, engineer- architect- project manager (can be the GC)- book-keeping, accounts payable- port-a-john service- excavator- basement contractor- water and sewer contractor (we needed directional boring)- contractor material supply house- framers, rough carpenters- roofers (gutters)- window installer- disposal crew, job site cleaners, dumpsters- fireplace contractor- HVAC- plumber- electrician- insulation (spray, stuff, blow in)- drywaller- texture- painters- finish carpenters (doors, trim, millwork)- stain contractor- cabinet installer- hardwood floor installer- tile contractor- carpet installers- siding contractor- caulker- flat-work contractor (concrete)- back fill / finish grade (excavator)- landscaper- installer (closet shelves, door hardware, towel bars etc)- cleaning crew- RealtorIn Wisconsin the GC markup is typically about 8% - for about 500 hours of work - just so you know what you sign up for.
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3 February 2020 | 8 replies
If you're going to make the setup better, I'd look for the following:The developer must have skin in the gameLook at the investor IRR, Annual cash on cash, and average annual return.
30 January 2024 | 2 replies
But since we have a good relationship, he’s someone I trust and like the idea of giving a partner like that some skin in the game to be incentivized to get things done efficiently.