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...
Kenny Lincoln
Contractor Pricing Question(s) When Flipping
I would prefer getting fixed price bids from contractors because this will make evaluating profitability easier/faster. The contractor that I've worked with on projects around my personal home has ALWAYS quoted his la...
Terry Portier
Employees vs Subs
I'm a GC looking @ employees vs subs. I'm collecting employee cost based on hiring two to do rehab work @ $30K ea to make the decision. I don't like not having control over my subs, that is why I am looking at emp...
Josh Edelman
HVAC Goes Out - Day 2 of Tenant moving in; Is $12k reasonable?
I just had brand new tenant move in. HVAC has been running great the past three years since I bought the home...until I get a call day 2 of my new tenants moving in. I got a technician out there, long story short I ne...
Chris Blackburn
Building Townhomes-Salem Oregon 94 Developed lots- build or sell?
We purchased a townhouse subdivision with all infrastructure completed, (roads, sewer, etc.) There are 94 fee simple town home lots. Originally purchase 2012 from a bank, with real estate picking up in our area over...
Trevor Dominique
Early Full Time Investors - How do you pay yourself??
Hey BP,I am hoping to get some input from full time investors, specifically those who are very "hands-on" with your own investments. I currently have 12 units, with a SFH home and 2 lots under contract, in which we in...
Matthew Weaver
Best Rehab Estimating app
Hey BP world!I am looking for guidance on the best rehab estimating software. I liked the detail of the BP legacy system, however not such a fan of the Kukun. To me, it is too simplistic and it does not accommodate ...
Stephan K.
Builders Risk Insurance
Do you know a good Builders Risk Insurance that will insure a flip property for 4-6 month?We are located in FL. We have worked with Zurich in the past, but then they wanted a GC even for work that does not require a G...
Jarrid Dotterer
My contractor's overheads are too high. Any suggestions?
HI all, This is my first post for info. So I am excited to read the great responses that I know I will be receiving. Let's get started:My business involves buying cheaper houses that need a lot of work and rehabbing t...