Hows everyone doing? Just wondering how most of y'all pay contractors. I got a few bids from contractors I've never used before so I'm thinking about not paying them until job is complete cause I know sometimes the...
Recently, a friend and fellow real estate investor approached me with an opportunity. He wants to build 3 to 5 1,000 sqft homes in small towns that are within a 30 minute commute to a mid-size city in Texas. Through a...
Lets say I have one agreement signed with GC . I pay him HIS portion and I pay subs all that is due to subs. Is that a problem ? do I need to have separate agreement with subs as well since I am paying them. By the...
As someone who knows a lot of private lenders, I routinely get to see what the discussions are about and how things may be changing as markets move or regulation changes occur. Recently, I've seen more of a move to th...
It was suggested to me that I could use hard money to secure a property and then refinance 3-4 months or so later to a conventional loan. The idea being that a refinance is easier to acquire than a standard conventi...
Hi BP friends,
The Problem
In the Southern New Hampshire area, we have less than one month worth of inventory available on the MLS. THIS IS NOT NORMAL! there should be 6 months available for a stable market. Now I...
Economic Update (Monday, November 30, 2021)
The shortened Thanksgiving week was a relatively quiet period for our econo...
So I am going to be doing a major renovation on a unit. Current rent is $1150 but I believe I can get $1500/1600 if I ball out on the renovation. My question is what type of hard surface countertop would you use? Gran...
Hello BP Nation:I have a clogged sewer line issue in a rental property as there are roots growing in the pipes. There is big tree near by in the front yard!! ( I hate trees :( )!!The plumber did a rodding job and foun...
I've listened to several podcasts, Biggerpockets and others concerning the BRRRR method. It's straightforward as long as your buy right. You can then rehab, rent, etc... What no one seems to shed a light on is how...