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Are contractors obligated to provide cost breakdown, or what info we can request from contractors in order to see if their charges are reasonable? Thank you and any input is much appreciated!
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Newbie question about finding a BRRRR property and managing risk. Based on all of my reading here on BP, it seems that everyone who posts about a successful BRRRR found it through direct marketing or wholesalers due t...
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Hi guys, I need some advice and I'm a little shaken up. Today I received a notice from my HOA that my assessments are past due with a balance of over $3K. The thing is, I've never received any kind of a bill from them...
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I am trying to practice analyzing deals but I always get stuck when it comes to renovations. Is there a standard or rule of thumb to estimate renovation costs? I know every property is different - does anyone have any...
Investment Info:
Single-family residence fix & flip investment in Lancaster.
Purchase price: $90,000
Cash invested: $60,000
Sale price: $180,000
This is a single family row home that I flippe...
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What can i do to learn rehab a little better?
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Hi BP fam! I am an active development manager that focuses on the construction and design management for 150+ room hotels on the West coast. I have been in this field for nearly a decade and feel that it is time to pu...
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Soooo.. this is a complicated topic.
Complication #1- The tenant is a family member. Don't worry, yes, I had them sign a lease, a mold addendum, rules & regulations, and an addendum for drug-free housing...
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I’m in the process of acquiring my 4th STR, and for the first time plan to furnish and manage the property. The first three properties were all setup by the PM and I felt sometimes there were unnecessary items at the...
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I have been trying to practice analyzing deals around the Kansas City area and I found some I thought were good deals, but I want to make sure I'm doing it correctly and using the right numbers. Is there a good way to...