Jamie Montpellier
3500$ to update a washroom...SERIOUSLY?
Hi guys,I'm looking to update a washroom in one of my rental units. I need :1) New flooring (probably a ceramic tile) with sub flooring2) New vanity and sink3) Mirror and some paintI've called a few places and the qu...
Carla Carvalho
How to Structure a Fix and Flip Deal with a Partner
My property manager (on a luxury vacation rental that I own) was approached by his landlord today and offered to buy a home that he owns for well below market. The landlord is retiring and is off-loading property. We ...
Conrad Cortes
Rising maintenance costs
Anyone else feeling the rising costs of labor with their properties?
Henry Clark
Self storage- Political impact November 2024
Responding to a question about Political impacts and Self-Storage in a discussion.From a political standpoint, don't see a change in the stock market. From a performance standpoint, I see a big change. Price/Earning...
Nathan Woodruff
First Purchase: Construction Costs
Hey, all.
Looking to get going this year with my first real estate purchase which is very exciting and nerve racking as I'm sure the rest of you already know. I'm trying to come up with some creative ways to front ma...
Andre Brasser
Contractor Overages
Hi All,Where is the line between an overage the investor is responsible for vs the contractor. The house is a full gut job and was assumed that nothing would be usable or salvageable. One line item in the scope of wor...
Ricky Sabogal
Are “PM fees” a standard thing?
Is it common practice for the contractor you hire to charge a “PM fee”? I’m interviewing contractors in Hampton Roads, Virginia, and one of them said their structure with other investors is they charge a fee of 10% (...
Maxwell Thurman
Templates For Contractors Time Tables.
I used the bigger pockets rehab estimator to create a spreadsheet of material costs and labor costs. I then assigned each cost with a letter and number. Since I pay my contractor on a job by job basis, what I would li...
Samira Hirji
Is there a year built 'sweet spot'?
It's obvious that a home built in recent years is a good thing because it was built according to updated codes - but I've learnt that because labor costs have been so high developers have skimped on using quality mate...
Leah M.
estimated renovation cost
Hi All. I have an rental apartment to renovate in the boston area and wanted to know roughly what labor costs (including rough materials like cement boards etc., but not including appliances, cabinetry etc. ) should ...