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30 January 2025 | 56 replies
I have lists of contractors, handymen, cleaners and whatever else you may need if you need me to send.
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15 January 2025 | 7 replies
Unless you negotiate a new contract or addendum with your PMC, they do NOT have to abide by any requests/demands you make that contradict what's written in the management contract.If they have in fact NOT followed the terms of their contract, then you'll want to send them something in writing pointing out the specific language in their contract that they violated and ask what they plan to do about it.If they fail to correct or address the issues, then you'll want to start looking for a new PMC.
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8 January 2025 | 7 replies
.)- All in Cost = Cost to build * Square foot - Sales Price = All in Cost + (All in cost * 20%)* Covers contractor and soft cost on either fee based or cost+- Profit = (Sales price - (Sales Price * 7%))* - All in Cost accounts for agent fees and closing cost- Initial List Price = Sales price + 10% A buffer to test market absorption- Break Even being All in cost, point where everyone is paid except me. - List price is to test the market absorption at "x" price. 250k land + build.
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5 January 2025 | 5 replies
In this manual (which I assume could be modified to provide to tenants) I include all the financing information (which you would not include for tenants) bank accounts, mortgage accounts, payment information, and mortgage payoff), a list of the contractors, what each contractor does, a list of upcoming planned or necessary repairs, and a copy of all leases associated with the property.
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29 January 2025 | 107 replies
Has my contractors and my old PM ripped me off on certain things that I can't verify due to being OOS, 100%.
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6 January 2025 | 1 reply
I am looking into buying a duplex in Hyatt Park and wanted to get some advice on what contractors/suppliers I could contact that have investor friendly pricing for kitchen cabinets, countertops, and bathroom vanities.
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7 January 2025 | 5 replies
@Ritu MahajanBuild a solid local team, including contractors, property managers, and lenders experienced with BRRRR.
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28 December 2024 | 1 reply
Once the interior was stripped and the infrastructure tested, I brought in commercial contractors to handle critical systems like plumbing, electrical, roofing, and HVAC installation.The house, built in the early 1900s, was originally a coal-burning residence.
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27 December 2024 | 0 replies
I then hired contractors for plumbing, electrical, roofing, and HVAC upgrades.
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27 December 2024 | 0 replies
I then hired contractors for plumbing, electrical, roofing, and HVAC upgrades.