Account Closed
Hottest RE locations with a positive foreseeable future
Hey everyone! Thank you for taking the time to read this post, much appreciated. Heres a scenario - say I was hypothetically looking to invest in a nice, large (50 apartment+) apartment building with the hopes to sell...
Joseph Weisenbloom
How do you pay your contractors?
Are you paying your contractors by the hour, or by the project, or by square footage?If you are paying by the hour how much do you pay per hour? If you are paying per project how much do you pay per project?I've been ...
Eli M.
How to negotiate construction contract
Dear BP family,As an investor I'm interested in paying as low as possible for a deposit.But a contractor obviously wants as much as possible justifying that he needs to buy materials and pay his workers.What is the be...
Jon Raney
Looking for a Virtual Assistant & PM (Pittsburgh)
We are looking to hire a "virtual assistant" for part-time work. I am no longer located in Pittsburgh and am in the middle of a large residential remodel. I am looking to hire someone who can stop by the property twic...
Michael Moikeha
Contractor Pay Schedule
Last year I had a contractor walk in the middle of a job with a few extra thousand dollars we had paid them, and it cost more than that to get another contractor in there to complete it.I have a $150,000 project right...
Jenny Tang
Need Help with mortgage or exit strategy!!!
Hi Everyone.... I have a multi family located in the short north, Columbus Ohio. I had purchase this with an FHA 203k reno loan and it has been a nightmare with the progress. Long story short.... The property is gut...
Christian Wilson
Rental Arbitrage in Urban Markets
Hello, fellow investors! My wife and I currently own/self-manage 2 STRs in TN (Nashville & Gatlinburg) and are looking for creative ways to scale. One strategy that we're very interested in is rental arbitrage. I'...
Ronnie Galindo
General Contractor Contract questions
Hello BP,I was just reading a blog post on here about what to ask your contractor before hiring them. I have one deal in progress with an out of state contractor I have never met but was recommended by an agent that I...
Cooper B.
Using quickbooks to keep track of rehab costs vs. budget
Is there a way to easily use Quickbooks to track expenses for a specific rehab project (flip) against an initial budget?Let's say at the beginning of a new rehab project I have estimated amounts for the labor costs, m...
Edward Yao
A novice in real estate investment from Connecticut
Hi, This is Edward Yao from Hartford area in Connecticut. I am an actuary currently working in an institutional investment management company. Although I have been working in financial services industry many years, I ...