Logan Turner
Who pays for painting materials?
Quick question for everyone. My contractor gave me labor quotes, and I am purchasing the material list for work to be completed. The painter has added items such as graco pump armor and gracO spray tips (for his paint...
Mike Lynch
Getting Home Ready For Appraiser
Hi,My wife and I are almost ready to call to Appraiser for our first home flip. The home was built in 2001. He or She will come out and take measurements, photos, etc. Question: Since we did a considerable amount of...
Nicholas A.
Average Home Builder Commission?
Hello,
My partner and I are building our first ground up single family home in Horseshoe Bay. We have purchased the land and have signed a contract with a builder. The house is a two bed, two bath, and is 1,490 sqft....
Rosa Lepore
Looking to flip my first home
If you were to partner with a contractor how would you work the specifics? Would it be a good idea to put up cost of house if contractor throws in all labor costs? Split material expenses and split profit? Just loo...
Morgan D'Cruz
First Potential Flip
Hey BPers,
I'm looking at doing my first flip in San Diego. The only hesitation I have with this deal is that I THINK it could sell for 580k based on comps but this area is not consistent. There are homes that have o...
Chris Clemptor
Rental tax question depreciation confusion
I understand that you can subtract from your tax burden on a rental property using depreciation. I also read that it's based on the house value only, not including the land. I am wondering how most people figur...
Christopher James
whats driving inflation
Rising Labor Cost, increased government spending, and prolonged housing shortages are the main pressure points.Inflation is picking up and looks to increase over the next 18 monthsa mortgage rate jump from 4 to 4.5% a...
Christopher James
whats driving inflation
Rising labor costs, increased government spending, and prolonged housing shortages are the main pressure pointsinflation is picking up and looking to increase over the next 18 monthsA half percent mortgage is increase...
Arthur Chen
short sale, needs rehab
I'm a newbie here. Have a short sale in my sights and looking to estimate labor costs for the rehab. Will order materials myself and pay only for labor. Is that common practice? How much does labor usually cost? W...
Alec Anderson
First major remodel, East Ridge
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $50,000
Cash invested: $45,000
Sale price: $165,000
Started out trying to wholesale this one and found a good p...