Hello all, long time listener (1 year), first time poster! Just to preface my current situation a little bit, I work at an electrical distributor in the area. One of the owners of the contractor that shops with us fre...
Hello, I've been investing in Real Estate for awhile now, and recently I've seen some bigger players going into "Green" Investing. Supposedly, they receive rebates and things of that sort from the Government to make ...
For those landlords and investors who have to send 1099s, they do not need to send them to corporations and non-profits. What records do we need to keep to prove the payee is a corporation or non-profit? Do we still n...
...how do you work it out with the contractor? Do you go with them to buy supplies? Ask them to front the cost and once they deliver materials and show receipt you write them a cheque? Do you have them compile a li...
Hey BP community. I'm doing my due diligence on a 9-unit building in Baltimore, MD and one of the items we asked for from the listing agent is the current leases for the tenants living in the building today. He repl...
Here are the skills and lessons I learned during the rehab of my second rental.
1. If the property has been vacant for over a year and still has fleas, there may be a raccoon living up inside the fireplace. (I can no...
Hi All,
To be brief, after 6 months of poor quality work and poor business practices, my general contractor for our home remodel project seems to have walked off with our money and a highly unfinished house.
...
Hello, BP! Does anyone have an idea how much they would estimate a full gut and renovation of an older 4 Bed 2 Bath home would be? Located in central NJ. Just under 2000 SF. Lower middle class area with similar homes ...
Hi gang,
We purchased our first property with oil heat and it's not a good candidate for a conversion. I am looking for some advice on how other landlords handle oil heat with their tenants. This is a single family ...
All,Does anyone who is building a spec house create a "bid package" and send it out to the local contractors for bids? Anyone GC themselves and split it up (site work goes to one group, framing to another, etc) and ha...