Kenton C.
Tracking Rental Property income and finances
How do you guys track rental income from your properties? More specifically, do you put it into a bank account (savings or checking) that is specifically for your rentals? What are the disadvantages/ advantages. I onl...
Nick N.
App or spreadsheet for labor and materials
I'm starting a rehab project. I was wondering what you guys use to keep track and mand cost of equipment, materials and labor.
I'm debating whether I should use a good old-fashioned excel spreadsheet or if there's an...
Zachary D.
Submetering residential multi-family in DFW (Arlington)
Hi everyone,I have a duplex under contract in DFW ( Arlington ) and will live in one side. The current owner 'pays' for water and I want to sub-meter and save on those costs while I hold the property long term.I've ha...
Danielle J.
Is it Normal for Contractors to Request...?
So I have a pretty hefty list of repairs the from the home inspection of a fourplex I want to purchase. This is my first purchase and first time ever reaching out to contractors, but I'm not sure if some of their requ...
Jaise John
Looking for mentor in developing single-family homes in NJ
Hi BP,
My father and I are looking to develop our first single-family home to sell in central NJ. We run a small construction/maintenance company in the area specializing in renovating apartments/homes. We are clo...
Nick Rutkowski
Helping Brother start a construction company
Hello construction people,My brother and his coworker are looking to ditch their fencing jobs and become an independent company. They're looking to start out fencing but could get into excavating and other jobs needed...
Jonathan Buelow
Best banks for investors
I'm a newer landlord(investor) and my primary concern is keeping my accounts organized so a bank where I can have an account for each property and then some sort of "sub-account" capability would be nice to have.
D...
Ben C.
General contractor down payment question
Hello,
My GC is asking for a 35% deposit on a 200k job. What are your thoughts? I see things from both sides as an investor. I know some investors expect contractors to front loads of money for jobs but I don't. A de...
Account Closed
Contractors, Subs and pricing breakdowns?
What do you guys do when your contractors or subs up their prices per hour or per job for an exactly same type of work. As we move markets from NWI to some various suburbs of Chicago I am just wondering what differenc...
Frank Greg
GC: Average Total Labor Cost on New Build
Question for the GC's out there... in markets such as Charlotte, Nashville, New Orleans, Orlando etc (Southeast), what would most GC's quote as a ballpark estimate for total labor cost (if owner is supplying all build...