Brian Knox
Your suggestions for splitting this profit...
Looking for insight on how my sister and father should split the profits from their first flip:The way it's worked:Dad put up $100k of the $114k sales price (bought on Auction.com in a "cash only" transaction). Sister...
Jordan Lanum
Chicago wholesaler - question for contractors and flippers
Good afternoon BP! I am getting into wholesale in the Chicago land area, so far I have had little trouble getting in contact with "motivated sellers" and getting things under contract. I am working on getting my first...
Joey Budka
Costs to add Washer/Dryer units on a per unit basis???
Does anyone have any experience adding washer and dryer units to large apartment complexes? How much does it cost on a per unit basis, including, labor, materials, W/D units, etc.? Also, would be helpful to hear from ...
Rob Donovan
Who should be doing work to rental units?
I am a general contractor that owns rentals. Both companies are in separate LLC's. Who should be doing the repair work to the rentals? Do I pay myself? Should I run everything through the construction LLC? Should I do...
Nick B.
New apartment construction cost
Hello BP!I am looking for first hand information about new apartment construction cost in Texas (preferably in DFW).If anyone has been involved in new development or knows somebody who has, please let me know a typica...
Kellie Powell
When to scale your buisiness? Should we hire general labor?
My husband and I have an LLC flipping houses. We are currently working on our 3rd investment property. He does most of the labor, I do all the designing / bookkeeping and painting. With him being the only person o...
Jerry Sexton
Structuring a fair deal
Okay, I have a question that I want to put forth for debate. I am considering possibly teaming up with an investor (any investor down the road) and I want any deal structured to be fair to both sides. So here is my qu...
Sam Alpha
Rehab Cost Comparison
The property I am looking to flip is based in central FL. I have run the numbers and this is what I am getting for the items listed below. I have only had a single quote for each so far, but want to know if the quot...
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...
Dennis Soto
Have you ever partnered with a contractor for a flip?
Hi all,
I am a New Jersey realtor and recently approached a contractor I know personally to see if they had an interest in partnering for some house flips. I have an LLC I would like to utilize for the purchase of ...