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10 August 2016 | 44 replies
I just finished a house and if I had to pay both of these fees above would have cost me $30,500.As someone who doesn't hire these people, I have always figured a GC would fall into the 15-20% of the rehab costs ($5,000-15,000 on the flops I have completed) and a designer simply picking out colors and tile I would honestly be willing to pay up to $1,000-1,500 TOPs, however would also expect them to helps with all aspects of design, inside and out. your GC costs to his family at first seemed high, but I guess wouldn't be over the top when really broken down (assuming he is running the job full time, and the time was agreed to, not allowing him to drag it on and continue to make more and more money while you lose money).
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23 November 2016 | 2 replies
Focus a share of your budget to buyers and another share for your most important aspect which will be sellers.Mistake #4 - because my full time job doesn't necessarily allow me to put many hours into real estate.
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22 October 2020 | 14 replies
I think the biggest thing that other miss, maybe including @Bill Gulley and probably including my good buddy @Aaron Mazzrillo Is planning for Life Events occuring to the note holder later and transactioneering terms that provide opportunities to renegotiate certain aspects of the debt later.
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20 December 2016 | 14 replies
The Bigger Pockets Blog https://www.biggerpockets.com/renewsblog/is a great resource for all aspects of real estate investing.
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31 January 2017 | 14 replies
Also I should note....an exemption never exists in any case for race....and in instances where one may be exempt from the other aspects, advertisements are always prohibited from any discriminatory language.
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26 January 2017 | 5 replies
I can be back in Philly a few times over the next few months when critical, just not frequently.
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13 December 2016 | 7 replies
One aspect of this complaint stems from the fact the tenant was out of town when the AC failed, and requested the PM to repair before returning.
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28 December 2016 | 7 replies
Stats and numbers are critical to determine who is or will be the best of the best.
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15 December 2016 | 7 replies
Keeping your vacancy low is critical and without tenants in place you will likely start to fill the hurt of not having rental income coming in at first.
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3 October 2017 | 14 replies
I think I have a pretty good handle on many aspects but the biggest unknowns for me are possible maintenance and repair expenses for the foreseeable future as well as the biggest wild card would be when a tenant might voluntarily move out of a rent controlled unit.