Hi, I've moved out of state and turned my previously self-managed rental in Highlandown into a property managed rental after the tenants moved out. As part of the process for getting a new tenant, they sent a contract...

As a newbie who is doing research for his first flip. How do you know if a contractors estimate is to high or to low? For example say the contractor tells me all the work needed to be done will cost 40,000, but in rea...

Apologies if this is in the wrong category. This seems like a fairly common issue, so I'm hoping someone will be able to offer some wisdom. My partner and I are trying to figure out how to equitably and fairly negotia...

Hi BP, i was wondering if i could ask you some info on analyzing my first flip. i have done rehabs in the past but that was for buy and hold, and one was for my primary residents, so i am somewhat aware of what goes i...

I have seen very simple project be run up way over budget due to day laborers not wanting to complete the project in fear of not having work. Are there ANY benefits whatsoever to employing day laborers over contracted...

I'm looking for some general guidance on rehab costs that I can apply to my MAO formula when making offers. I know it depends on a bunch of things, but looking for general rules of thumb (incl labor). I work in DC, ...

I have a 1200 sqft rental property in Phoenix that I want to have the shingles replaced.  It doesn't need the wood replaced (well maybe 1-2) only the underlayment and shingles.  Does anyone know what a ballpark cost s...

1. How can I improve my accuracy at assessing rehab costs?I have an engineering background, but know little about estimating.2. What permits or licenses should I consider when doing my own rehab work?I know its varies...

After doing smaller projects on our homes, we've taken on a larger rehab.  We have subs lined up for electrical and plumbing, but need to find laborers to help us with the construction.  Anyone have tips where they fi...

You have to pay property taxes but are your leftover profits taxes the same as income from a regular job? If so can you write off expenses(i.e. maintenance)?