I'm looking at buying a property to house hack that needs an extensive rehab. I'm looking into using the 203k program so I don't have to pull the rehab funds out of my savings. Plus I plan on doing a good bit of the w...
Hi All,
I'm here to share the details on my first FLIP, hopefully to motivate other first-time flippers.
Property Info: 4 bed / 2.5 ba when I purchased it, but I converted the master bath and half bath into a maste...
I was wondering if I could get some feedback from others...What type of documentation do you require your GC to give you when you're doing a flip. Like throughout the process, do you ask for receipts for materials? A ...
I am working with a seller on a unique property in Somerville / Cambridge, MA line in a very hot area and am wondering the best way to attack this. Basically its 3 small abutting lots (1 residential, 1 mixed, 1 com...
Hello,I am a new investor, who is just closing on my first home here in Houston. Exit strategy is Buy & Hold. I have estimates from 4 contractors and hope to finalize one soon. What paperwork should I have the con...
Hi Everyone,
Seeking some info on how you would request & assess a contractor bid.
How would you like to see the bid & it broken out?
What else would you ask for so that you can easily assess the bid?
...
Hi Everyone,
I live out in Los Angeles and working on my 5th property out of the Orlando area and one thing I'm always challenged with are remote rehabs. The rehabs I've done locally are a lot easier as I can walk ...
Hello all,
I’m new to the fix and flip game in south Florida and wanted a few suggestions from seasoned pros. I’ve had some contractors walk away with deposits and never return. What’s your suggestion on how to pay c...
Considering creating (or repurposing an existing llc to) a small real estate management company, specifically to manage properties that we already manage (we are a married couple w/a small portfolio and handle 85% of ...
Hi,
Can you all tell me what the normal procedures are when you work with a GC?
1) Do you pay something like 1/3 up front, 1/3 half way through and 1/3 when project is finished?
2) Do you get in writing a list of ever...