I have had multiple contractors on properties at the same time, and not only is it a lot of work to source and keep a strong roster available (mitigating a lot of the need for a property manager) but also I have really only met one in my over 20+ renovations, that has been close to maintaining my level of expectations, and unfortunately he realizes his value and I can rarely afford him anymore...  

However, based on my revenue projections and factoring in a 25% commission for professional property management, it seems unlikely to generate significant cash flow unless they can significantly boost revenue.I'm open to working with a professional PM if they can guarantee decent cash flow.

We eventually evicted her and since single families are not in our plan, we renovated and sold for our asking price of $250k 18 months after we purchased the property.

Renovated each unit as they opened up which created additional value through increased rents.

HI,I am using a contractor for a full apt gut rehab, I would like to know if anyone has a contractor's contract that I can work off (of course will add or take off accordingly) he is a new contractor, so he doesn't have one,  [I am using him because I have used him for past several years on smaller projects, so I know to trust him.]Thank you

Prior to getting your loan, it will be important to know what your strategy is for that specific project.

There are loans that allow you to use projected short term rental income to qualify as well.

Hey there,I'm a newer investor in Cumberland County, Nova Scotia, and I am just finishing my first flip project which I am excited to share in the coming weeks.

I originally was looking in the Midwest and different areas & I still am but, when I start thinking about rehabbing & working on a project, I tell myself I can easily drive 1-4 hours to check on my property PA because of the distance vs somewhere like the Midwest where it’s  super far.

Involving counsel in the project early will lead to better offering documents.