Hello, Is it normal to have a "contractor's fee" defined in % for a fixed-priced house remodel contract?Additional BackgroundContractor says there is a lot of "unknowns" in the project. When asked what happens if some...

Anyone here use Xactimate or other similar software for estimating rehab costs?

Hello All! I currently am a GC / Developer in Texas (active in Austin and Houston markets). To keep this concise- We have 7 units under construction in Austin and a senior living facility we are the GC on in Houston. ...

Hello, my husband and I are looking to do our first rehab in a different city than where we live (we live in Austin and looking to buy in El Paso), and are wondering how one determines and writes a scope of work and d...

Working with contractors and subcontractors can be challenging, especially when it comes to getting the work done on time. Here are a few tips to help ensure that your renovation project stays on schedule:
Set clear ...

This is my first post, I have been following BP for few months now. I will try to add details as I go. So far done my first flip which is on record today and doing my second flip. For the first two I used my own money...

When it comes to the home remodels and renovations, there are many construction companies offering specialized services. Beginning a renovation project on your home can be hard and confusing for people who are not a p...

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A Scope of Work (SOW) is a description of planned property renovations, with the primary components being a line item budget and a construction schedule. A detailed SOW is important for nearly every type of value-add ...

Greetings BP members,I'm looking to purchase a property and rehab it to flip.  My question, is there a rule of thumb about how the funds should be paid out to the contractor?  For example, if a contractor gave me a qu...