The old concrete will be all in the wrong spots and prevent proper support spacing.

The construction cost has been soaring in the last 3 years in the Bay area (I work in the corporate construction industry and our project management office is forecasting 10% fee escalation in all of the MEP trades in this year).

I think a TK review site is definitely needed in this industry.  

I'm also new to this and working full time in a totally separate industry so I feel the pain.

The construction cost has been soaring in the last 3 years in the Bay area (I work in the corporate construction industry and our project management office is forecasting 10% escalation in all of the MEP trades in this year).

I am currently building my knowledge base for investing and have begun some initial steps towards networking futures relationships within the industry.  

I'd assume it would be the latter since most lenders are going to already discount the Gross Proceeds 25-30% as part of their calculation.Sorry to put you on the spot because I can probably ask a lender this question but figure you may know if you're already using the BRRRR strategy.

I have a backround in construction and have always wanted to try a flip.I live in Bergen County NJ and work in NYC in the finance industry, and I am looking expand and collaborate with like minded people.  

Andrea there are a few ways of looking at this... some will tell you the other is a glorified lead source that you are paying 50% profits to.. i view it more as if you dont have other deals going on that make you more then the 50% you are going to make working leads provided then you are in a great spot. if you have a job working for someone else you already trade your time for money... so why not do it when it is something more lucrative.      

I am looking for some advice here, I have been in the real estate industry for a little over 10 years now mostly as a commercial broker.