Developing a rental portfolio will be a significant part of our future.

Hi All,I would like to know if it is necessary or recommended to get a Builders risk insurance as the Developer/Flipper on a Flix and Flip even if my contractor has general liability insurance and workers comp insurance?

Like Turning on double / 2 factor authentication on their accounts its available on all emails, and many accounts but many I know dont take advantage of these type of protections..

Also the area that the property is located, how much holding costs you have if its vacant, how much deferred maintenance there is on the home and many other variables will factor into when to sell the property.

Also, even if it is in a lower tax suburb that property tax number is really low - for a house of that value i would expect anywhere from $1200 - $3000 depending on the location.You need to factor in water and sewer as well.

Landlord 411 or the small developers cooperative are two examples in the Baltimore area.It amazes me how investors are so ignorant of  how many stupid counter productive laws get proposed.

The costs were 3-5k for the study.That said the two biggest factors are time of hold of your deal and how much the property is worth.

He started off doing rental properties 12 years ago and since then he has started developing millions dollar properties.

Hello, I am a licensed commercial and residential general contractor who has been building and developing multifamily projects for nearly 30 years in Phoenix Arizona.

Starting to fix and flip in Northern NJ.Looking to develop relationships with wholesalers in Sussex, Morris and Parts of Passaic Counties (West Milford, Ringwood areas) in New Jersey.