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Labor shortages and increasing material costs are increasing construction costs for fix-and-flip investors. To manage these rises, you can adopt a few key strategies to control expenses and maintain profitability:Accu...
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Hello BP, I’m looking to invest out of state. Just want to know what are the steps to managing rehab efficiently and safely (so contractors won’t run off with your money)?Thanks for your inputs!
I'm beginning to build my spreadsheet for my 100+ hours of material participation and wanted to get examples of what others have included for material participation to allow for a cost segregation/accelerate depreciat...
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Ready to close, but found out duplex NYC (staten island) had several HPD violations (12) from August 2013. The seller is motivated and willing to lower the purchase price to get the deal completed quickly. What's th...
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Ok. I have to vent a little on this closing I just wrapped up today.
I want to see if I'm way off base here and just let frustration get the better of me or if this title company was just trying to do the rig...
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I'm planning on doing my first flip this summer. I'll make an LLC, but there's no reason for me to get business insurance is there? I mean, if i'm already getting vacant home insurance, that's all i need right? I'll b...
I'm looking for feedback and information. Could private lending be used for things like funding materials for a construction company so they could get jobs installed more quickly? I'm not soliciting offers... I'm just...
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What is the best way to establish a rate to charge security deposit for repairs such as drywall patching and repainting if I do the work myself.
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I recently acquired a property that has a structurally sound pole barn in the back. Looking to rent it out as storage for additional income, but I need to secure it with doors first so it can be locked. The size of t...
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I have a contractor who reached out to me and wants to partner with me. he wants me to secure the property and pay for the material and the work but wouldn’t that just be me hiring somebody? what should be the percent...