Roy Gutierrez
Hiring workers to do a rehab and pricing
Hi guys,
I'm curious as to how the pros go about hiring workers and what are the average rates you pay?
Do you usually hire a "company" to do the rehabs? or do you have a trusted contractor that you kee...
Drew Sing
How I hosted travelers in return for labor help with my flip
Hey BP Community, I've been using a travel work exchange site for labor help on my live-in flip, and thought others here would be interested as it has reduced my labor costs to zero on some of my projects, so I wrote ...
John Lyszczyk
Why is Lumber so Expensive? (Part 2 - Update)
Hello All,I thought this would be a good time to write a follow up post regarding the current state of rising lumber costs and the supply vs. demand issues the industry is experiencing. Below are a couple graphs that ...
Calvin Quallis
Bridge, Temporary Renovation Financing Needed
Hi,
Investor here who brought a Southampton, NY property that requires extensive repairs. Purchased hoping to BRRR into a short term rental. Purchased the property in August for $1.895M with 21% down and did a DSCR ...
Scott Randall
Cash vs. Hard Money - IRR vs actual real Dollar return?
I'm an agent/investor in the Tampa Bay area and was recently having a spirited debate with a colleague over the use of Hard Money vs Cash. With hard money you have fewer dollars in the deal and therefore increase your...
Chad K.
How to estimate the cost to build a house
In order to become more diverse an to take advantage of the up and coming areas in my city of Charlotte, North Carolina I thought about wholesaling land.So I did some research on how much it cost to build a home an it...
Keith Hoffman II
W-9 /1099 for contracted work
Hey BP friends! Question regarding the IRS requirements for hired contractors. I have several properties and have always done the remodeling and major renovations myself. I work a full time W-2 job and family life is...
Ryan Schultz
Owner Finance: offer & options for pulling out rehab costs from equity
Hey BP Friends! This is my first BP post. I'm negotiating the purchase of a fixer upper duplex. Motivated Seller is asking 55k. Said he would reduce it to 50k (before he knew about the basement issue) Basement wall/fo...
Carrie Giordano
Hire a GC or subcontractors for personal residence in Los Angeles
Hello, a little background, I'm a buy and hold investor living in Los Angeles while investing in Ohio. I have rehabbed all of my rentals myself however I subcontract much of the work out and have only done minor rehab...
Jimmy Lynn
Balancing Time and Budget: Tips for Efficient Property Renovations
This is an interesting topic. There's more to it but I think this hit's some highlights and raises good questions. Plan and Research Thoroughly: Start by creating a detailed plan that outlines the scope of work, desir...