Jennifer Jacobs
Contractors requesting deposit - is this standard?
Hi Everyone,What do you do when your contractor asks for a deposit?My partner and I have always done our own rehab. The next project we are working on we can’t do ourselves and are looking to hire a contractor.We’ve ...
Robert Villanueva
How to Pay a Contractor in a Fixer Upper?
Wondering what is the best way to pay a contractor in Texas? I know for sure you NEVER pay all up front but what are some common percentages now and days or form of payments. Also, what are these contractors charging?...
Ruth Bayang
Contractor deposit ??
How much of a deposit/percentage is "customary" to give a contractor to rehab a house?Or do you not give deposits at all? I have a Scope of Work, a Contractor Agreement with spelled out draws and project end date with...
Joshua Dorkin
The BiggerPockets Real Estate Investing Summit Schedule is Out!
We've just completed the schedule for the BiggerPockets REI Summit, but do keep in mind that the session times are subject to change. We will soon also be posting floorplans for the event as well as other "activities...
Brandon Sturgill
Advice on Managing a Construction Loan
I am about to manage a complete rehab on a SFH and have been given authority to project manage the construction portion of the loan. The budget is set at about $35k and there are 6 draws. I will be using a myriad of c...
Dan Stewart
Am I expecting to much from my RE agent
Hi guys,
I have been dealing with a real estate agent for a couple of weeks. I have been finding some deals online and when I contact my guy about them, he seems to drag his feet for a couple a days. I feel like I am ...
Aaron Rosenberg
Massive losses, no deduction. Can a CPA please say it ain't so?
In 2023 my five properties across two single-member LLC's had 7 tenants just decide not to pay rent, and 3 roofs had to be replaced. Thank goodness for tax deductions, right? Before I was in real estate my business ...
Stefan Forsberg
Question for Rehab to retail investors
Hi all,
For all of you that are buying-rehabbing-retailing houses, are you using a General Contractor on your deals or are you managing the sub-contractors on your own?
And as a follow-up to that, are most of you do...
Colton Cook
What is your dream contractor like?
So, to sum up a 5 year journey in a few sentences: My wife and I are putting the finishing touches on our design-build company, and are working on the systems used to manage investor projects. What I need: qualities, ...
Stephen De George
Real Estate Agent with Full Time Job
Debating getting my real estate license while working a full time job. Has anyone here done that? What’s your advice?