Gennaro Coscia
Is anyone buying lots and building new? Raleigh/Durham/ChapelHill
I'm looking at land and building new but trying to measure cost vs return(these would be rentals). I can't seem to find builders under $150/sqft. That's fine in some areas but not in others. Do home builders base thei...
Ryan Dickerson
Construction cost estimates/guides
I'm a new investor in Seattle and have been analyzing flips, short-term, and long-term rentals using Dealcheck and some proformas that local agents and investors have sent me. Does anyone have a trusty renovation/cons...
Ken M Middleton
Refusal to do an itemized bid by contractors (Columbus, GA)
Hey BP family,
My wife and I identified a potential home that we are interested in rehabbing. We got an initial ballpark bid from a contractor of around 20k worth of work but after the inspection, there were a few it...
Tom Maurer
Easiest way to clean a textured ceiling coated form years of smoking with TSP?
One of the apartments I have has a textured ceiling (it was there
when I bought it). The long time tenants who are moving were heaving
smokers. I read in another post advice that said clean with TSP and
then pain...
Matthew Metros
Now Contractor Asking for 15% markup to cover material and labor
I am working with a contractor that has been a pleasure to work with. Honestly, he has gotten the job done and has been honest with me. There have been delays on the project that I have had to eat up (3 Months), but o...
Matthew Ficorilli
Lease option deal
Hello BP world!
I have a potential deal in my lap and I needed my feedback. I want to lease option this property and this would be the first time I would doing so.
I found a duplex on the market for $11...
Account Closed
How do you calculate your maintenance budget?
For those of you owning or managing 100+ units: How do you calculate your maintenance budget?
I've heard a lot of people say $50/unit. Example - 200 units. $10,000/month for materials and labor. So if you h...
Hoang Bui
Which General Contractor to Go With?
So I recently acquired a triplex on an FHA loan, and I am planning to remodel the unit where I will be occupying. I received three quotes for my remodeling project, but I am having a bit of a tough time trying to deci...
Tyrone Marson
Pro Forma template for fix & flips
Hi All,Can someone send me a pro forma template that they use when analyzing a fix & flip deal.
David Lamb
Tone of Distressed Letters? Cease and Desist?
I am very sympathetic to those who are facing foreclosure and other distressed situations. I try to convey that in my direct marketing materials. With that said, I just received a call from a lawyer representing a p...