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28 November 2022 | 4 replies
While we do have lots of jobs available, the fact that many of the places facing the most labor shortages are due to it not paying a liveable wage.
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25 November 2022 | 18 replies
I assume you mean GC--in which case, it's worth reading up on the topic of how find, screen, and manage GCs (this topic has been covered on BP, and there are probably many online articles, youtube videos, etc. on the topic...there are probably also books on the topic)....maybe getting more specific on what you're looking for could be useful...Regardless, 25 flips in 1 year would obviously require a lot of experience, a lot of liquid capital, very well-refined systems, and an A+++ team of boots on the ground...plus, extremely conservative underwriting and a very high risk tolerance, given the current market dynamics....on the bright side, as the economy slows, labor may become cheaper and more readily available (in fact, I'm already hearing anecdotes that tradespeople are already becoming more available).Good luck out there!
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20 November 2022 | 3 replies
Go off of what your contractors say, the book is broad and there is no way it can accurately estimate the cost of material and labor in every market with one number.
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25 November 2022 | 6 replies
Just the free knowledge and advice would make it worth it to me, and you'd get as much free labor as you want.
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21 November 2022 | 8 replies
Labor and material prices here are considerably cheaper than a lot of places, but I'm also lucky to have found a couple of good reliable "handymen" (a retired HVAC business owner, a carpenter who has extensive electrical experience, and a couple of not-so-bright guys who are surprisingly good at roofing but nothing else).
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17 November 2022 | 12 replies
@Joe Scaparra The unit is actually a bedroom in a house.
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21 November 2022 | 17 replies
Worth REIG- https://www.dallasreig.com Organizer is Joe Boston.
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14 November 2022 | 11 replies
@Joe Villeneuve thank you for your response I'm accepting each and every word you wrote .
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6 December 2022 | 33 replies
Quote from @Joe Villeneuve: Why did you do a 1 year IO loan?
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10 November 2022 | 3 replies
Quote from @Joe Martella: Hi John, Which REIA are you part of?