Tracy Hightower
Charge later fees to contractors for not finishing on time
I've recently started moving into a new market and the contractors are known for not finishing the jobs or taking an advance and running off. To compensate I was thinking charging $100 for each day over (excluding ext...
Sam H.
Any Experienced McKinley Park Owners Out There?
Hello, I am an investor here in Chicago and saw a property in McKinley Park that looks great, but I'm not certain about the rental dynamics and upside to achieve a nice cap gain. The broker's been comparing it to Pils...
Bruce Hansen
Who builds garage apartments? Budget?
Trying to price out contractors that build over existing detached garages. It’s hard to find. Ideally I just want the shell built and I can finish out the inside myself. I also hear that sometimes building a garage ap...
Nicolas Serrano
Is $10,000 enough for a flip?
I am currently looking at houses to flip for my first one. I will be partnering with another investor and I was wondering if $20,000 would be enough for a minor flip? Painting, flooring, kitchen renovation, etc.
Sally Campbell
Buyer Interested Before Rehab is Finished
Hi All,My fiancé and I are in the middle of our first rehab, a condo in a well known area of St. Louis, and we have a potential buyer who is interested in seeing the place and possibly buying it before we have complet...
Colin Orlowski
How Do You Manage Your Contractor During the Remodel
Hello, Im planning ahead and wondering how some of you have managed the rehab and your contract. Once you have the contractor/GC you are wanting to work with, how do you both set expectations of what will be done and ...
Justin Traver
Contractor is over bid.
I was wondering who is responsible if a contractor goes almost 30k over their bid. They are saying that I am responsible for the extra 30k. Just a side note this rehab has taken over 10 months and it's not even clos...
Bobby Gillespie
Is this worth persuing...?
A new construction near me (in Florida) has beenforeclosed on. I'm not sure of the exact building phase it is in... but foundation, structure, roof are all in place. See below...I plan to go and investigate further to...
William SaintAmour
Converting warehouse space to apartments in Michigan
I'm a BRRRR investor with SFRs, but I'm seeing a lot of old buildings built around 1900 that are vacant, structurally sound, already have utilities, and are dirt cheap. I'm seeing these in the small towns that are fr...
Bruce P.
Specificity and Payment Breakdown for a Proposal (ADU)
Hi BP community,So my friend is building an ADU in their backyard in the Los Angeles (specifically Westlake Village / Moorpark area). A couple of questions came up.1) What is a typical payment structure that is fair t...