Jake Moran
How to structure a flipping partnership with a contractor?
I met a contractor who did some work on my personal house, and when found out he does a flip from time to time, we agreed to work together. The roles would be:I would put in some cash and do all the work aside from th...
Peter Kolzow
Project management: Additional work outside of scope
I will be project managing 20 town homes in the near future. I have managed single properties and utilize a detailed scope of work for our properties. As we all know challenges arise that were not figured in the origi...
Salah Dajani
Material Participation on STR purchased late in year
Most of us are aware of the potential tax benefits with owning a STR and some of the rules regarding material participation. I was wondering if you purchase an STR in December and perform a cost segregation study and ...
Ashley Tappendorf
Multi unit, mixing long term and short term, tax question
Wondering if anyone knows the answer to this tax question
We have a multi unit (8 properties). If I were to convert one of the units to a short term rental (Airbnb)… does this qualify me into material participation s...
John K Smith
Property Management Fees in Rochester, NY
Hi folks - I am in the market for a Property Manager in the Rochester area for a 12 unit property. Is the below fee schedule normal?
Line Item
Fee
Collected Rents
10%...
Emma T.
Who do you use to do your rehabs
Hello All,I read one of he post here in BP which talked about what type of contractors not to use ( retail contractors and remodel) when doing a rehab. I am building my team of contractors ( painters, carpet etc.) I u...
Roy Gutierrez
Hiring workers to do a rehab and pricing
Hi guys,
I'm curious as to how the pros go about hiring workers and what are the average rates you pay?
Do you usually hire a "company" to do the rehabs? or do you have a trusted contractor that you kee...
Chris Wyche
Going From Investor To Contractor. Advice?
So I've been hiring contractors for the first 7 rehabs I've done, and I've learned a lot about the construction process. A carpenter who does work for a contractor I recently parted ways with recently gave me a call a...
J Lee
Contractors vs. sub Contracting Tips and Advice
Hi,
my business partner and I are investors in the Philadelphia metro area and have some ongoing brrrr's as well as flips. We're still relatively new to the game even though we have a few projects under our belt. Ou...
Oren Kachel
online rehab course?
Hiim looking for an online rehab course, not a DIY one, but a basic onethe only one I found was in 'the fruitful investing academy'