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8 October 2021 | 16 replies
Maybe find an outdated kitchen or bathrooms to renovate, but buy something that cash flows $100/mo now and hold it for 2 years while equity and rents increase.
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27 September 2021 | 1 reply
ADU conversion experience would be great as we are planning on converting a garage into a kitchen.
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1 October 2021 | 13 replies
You are better off hiring the contractor, paying the fee and keeping 100% of the profits on your flips.On the other hand, if the contractor brings to the table not only the funds for the rehab but also for the purchase as well as handles all management of the rehab and the design, then perhaps an equity split is appropriate financially for you.Your next post states the contractor is your brother so with that said, things change as family is family, but the financially principle I stated above is still in play.
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5 October 2021 | 5 replies
I am a Property Assessor in Edmonton Alberta and am completing my (AMAA) Professional Designation .
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28 September 2021 | 5 replies
I have driven by the property and can see it needs some landscaping, a new coat of paint, and probably some new kitchen appliances.
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28 September 2021 | 10 replies
Do you recommend closing with Real Estate Attorney or should you do Kitchen closing.
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28 September 2021 | 4 replies
I'm now getting ready to start kitchen followed by the biggest project the bathroom.
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28 September 2021 | 0 replies
Hi All,I have a question regarding neighborhood designations on realtor.com.
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28 September 2021 | 3 replies
I currently put contingencies on the following milestones:Contingencies (able to achieve the following milestones)Site PlanningBase MapSite Plan (End of 2021)Conceptual Site Plan (Beginning 2022)ArchitectureFeasibility Design (End of 2021)Conceptual Design (March 2022)Entitlements & PermitsPre-Application (Beginning 2022)Application (mid-late 2022)**Buyer Submits Refundable DepositBuilding Permit and Inspections (End of 2022)Final Approval to Build for purposes of a banquet hall (End of 2022)**Funding Land Acquisition General ContractorSite and Civil Work (End of 2022)Certificate of Occupancy (Late 2023)Is this the correct approach or is there a better way to structure this offer to take on the least amount of risk?
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17 October 2021 | 4 replies
Our work focused primarily on kitchen/bathroom renovations lasting 8-14 weeks.