I hired a insured, licensed, bonded general contractor to remodel the bottom unit of our building. According to our contract, he was to be paid in phases until the completion of work. He kept collecting advance paymen...
I am lending on a rehab through my IRA. I want to release the funds in multiple draws based on progress of the project. My contact at uDirect does not know how I can accomplish this. He wants to release all of the...
We have an applicant trying to complete an application for one of our rentals, but they do not have a social security number or a driver's license number- which are required fields for our background and credit check....
Should a contractor receive 75% up front or should they be paid in smaller increments?
We are considering the purchase of a 50% occupied office complex that is an REO. About 30,000 sq ft total rentable sq footage. It is class B+, the existing tenants are very stable and medically oriented. We'd like to ...
Should I expect the contractor to work on my house everyday on a flip project? If they are not on your house for one day when there are no major weather issues do you check in with them and ask why they were not worki...
Hey BP!
I'm interested in rehabbing a 3 flat in Chicago that's already been gutted to the studs and reroofed. My contractor and I took a look and saw great potential. They also did a great job on the new roof, accord...
Hey there!
I'm eager to hear from experienced investors who have tackled long-distance BRRRR projects. I recently had a rough experience attempting a BRRRR in a different market from where I reside. Since I don't hav...
How do you handle a contractor who was suppose to finish a job in 3 months which is now a YEAR and he is basically saying he messed up the rest of your budget money? I want to cut him off my job and file a lawsuit wh...
Hello everyone!I have recently stumbled across a Bigger Pockets Podcast episode & I am now seeking to get into rental properties. I have been wanting to get into real-estate for the last 3 years, but due to school...