Jake Bute
How to track time in business to accommodate 500+ hours?
Good Afternoon,I listened to Wheelwright's podcast the other day discussing how short term rentals do not have the same rules as long-term rentals when it comes to some of the tax laws around active/passive investing....
Jeff V.
Best Practices for Contractor Qutoes, Payment and Change Orders
I'm curious if someone with experience with dealing with contractors successfully could provide some tips and best practices for dealing with them.Quotes: To date we have been getting quotes on labor and timeline for...
Brandon Ray
How do I calculate the repair cost on a wholesale property?
In the process of meeting with a seller, I needed a quick tip on how to calculate the repair cost on a property? How do I determined if it need a basic repair or an extensive repair?
Val J.
Contractor wanted to change price after completing the job
I have a guy that has done a few jobs for me and we've not had any issues. I recently needed a roof replaced. Asked him for his bid and he sent me his quote via text. Afterwards We agree on color, date, time etc. He ...
Account Closed
Gut rehab inherited property tips?
Hello, long time podcast listener, first time poster. I inherited a 4 flat property in the Chicagoland area which needs to be gut rehabbed as there haven’t been any major updates done in 40 years and it’s in bad shape...
Anya K.
Tips for getting a higher appraisal & what to SHARE/NOT to share
Hi BP community! A year ago, my husband and I bought a 3 family that we have since renovated and are in the process of refinancing (This is our first cash-out refinance). We are about a week away from the appraisal an...
Account Closed
Chicken or the Egg ? Whats the Base Starting Point 4 Your Flip
I was at Lowes yesterday picking up a "mop" with my wife and we then wondered over to the flooring section. Wow so many options to choose from. This inevitable led me to thinking about Rehabbing my first house (when t...
Annie Levan
Starting my 90 day challenge! Please help me analyze this deal.
Hello, I am just getting started in real estate and am new to analyzing deals. I have not done a walk though of this property and put estimates up for the repair cost. If that the right approach or should I do the wal...
Ricardo A Perez
What to put in a contract for your GC ?
Hey BP family,
I need your help.I am new to real estate investing and searching for my first fix and flip. I have contacted a real estate attorney to draft a contract that I can use when hiring my GC (I will not be ...
Trevor Neis
Materials That Can Withstand Abuse
Hello everyone,I was wondering if anyone had any tips on finding quality materials when renovating that can withstand abuse. Things such as flooring, paint, countertops, etc. Specifically for a college rental. Obvious...