Talha K.
Cost Plus contract for home addition and remodel in Pasadena CA
hi BP community,We are in escrow for our first family home in Pasadena CA. We wanted to do additions (Approx 500 sq ft) for a bedroom and bathroom in addition to doing renovations of the existing structure. The lot is...
Jaclyn McClellan
Contractor Management - Receipts for materials?
I was wondering if I could get some feedback from others...What type of documentation do you require your GC to give you when you're doing a flip. Like throughout the process, do you ask for receipts for materials? A ...
Andrea Burke
Business agreements between friends!
Hi all!My name is Andrea. I'm new to BP. My hubby, who works as a construction superintendent, has been approached by a friend who has money and wants to buy houses that need some work. The friend proposes that my hub...
Matt Arden
Hard Money Lender question
Hello, I was talking to a hard money lender the other day and he said that I should count on about $10,000 closing cost Plus a down payment, I was wondering if this was normal amount? Thanks
Ron Hollingsworth
Hiring a General Contractor, but selecting the Subs myself
If I bring a general contractor on and I don't like the prices that "his" sub contractors charge, can I hire the sub-contractors myself and still have the GC manage the project?
Alfredo S.
Flipping New Construction strategy
Hi. I am interested in flipping raw land, and I have some investor friends that recommended this strategies. But I'm having a hard time defining the process and calculating the numbers. So theres two ways I see this w...
Levi Bennett
Build 36-Units at $119/sf plus soft costs.. worth it?
Here's the situation:I have the land under contract at a good price, I have a GC who is invested in the project and brings a 25 years of multi-family construction experience to the deal. I have an architect retained w...
Chris Schorre
What % markup would a typical Austin general contractor charge?
Hi everyone, I have a project coming up that involves construction of a 1,400 sf addition in Central Austin. Nothing fancy, no special requirements. I am wondering if anyone has a sense for what percentage markup a GC...
Audrey C.
General Contractors Fees for Building a New House
How much are the typical contractors fees to build a moderately priced home from the ground up and around $300K selling price? What is the % and if so, based on what? How do you give incentives like profit sharing, ...
Neel Patel
How to set up the terms when someone is acting as GC for your own project?
We are planning on constructing a duplex and taking on the role of Project Manager. We have a GC who would sign on as the general contractor on the building permit but then allow us to oversee the day-to-day responsib...