Nicholas Lilly
What are Non-Disclosure Agreements?
A non-disclosure agreement (NDA) is an agreement document that creates a confidential relationship between parties who will be exchanging confidential information. They are sometimes called secrecy agreements or propr...
Franklin M.
Equity Partners vs Pooling Investors Under Reg D
I was at a real estate seminar and a CPA said “talk with your attorney about difference between equity partners which are not regulated under SEC REG D rules, vs. pooling investor funds to raise funds, an activity whi...
Bryan Hancock
Scaling Builders - What Is Their Capacity?
Our development company has grown by leaps and bounds over the last several years. We now have the fortunate first-world problem of having far too much work. I have been turning down projects for about 6 months now ...
David T coello
Frustrate with contractors
One of the biggest obstacle in this field has to be the lack of professionalism and work ethics from contractors. I feel that we constantly have to baby sit them and tell them how to do their job the right way, and on...
Asim Iftikhar
General Contractor disappeared - AIG Construction Houston
Hello, I am looking for some help from you all. I executed an agreement with a general contractor (Todd M) who works for a local construction company in Houston - AIG construction. The estimated duration of work was 6...
Joel Johnson
New member from Northern VA
Hello everybody,My name is Joel, I am brand new to BP! My wife and I are building up our first asset, a small business. We own a chicken farm here in Loudoun County, VA and are raising three small children.We hope t...
Vania Castillo
Diary of a Rehab. in Providence
Dear BP community: It is official! Through tax lien investing a 2 family house landed on my lap. Like the old adage says, "When life gives you lemons...Make lemonade" and that is what I'm trying to do here.Here is a ...
Russ McKelvey
Deal Pending: Joint Venture Structure: Advice Needed
Hello BP!I am working on getting a property under contract that I plan to wholesale. I have finance and some real estate investing experience, but no construction or GC experience.In the process, I met a General Contr...
Yi Zhao
Money withheld from the contractor until after final inspection
Hi all,I'm a flipper and the houses I flip usually takes $50k-60k to fix. In my contracts, I always withhold 10% until the house is sold and final home inspection has passed. It usually cost 1k-5k to fix issues that a...
Justin Pearson
Best Questions for hiring a GC
Hello BP! I'm working remotely for a REI company and we've got a project going in San Antonio. So far we've been able to get a foundation guy in to do some work, inspection, etc. and a few contractor bids are tricklin...