Jeremy I.
How do you fire a contractor and avoid a lien?
BP,
I'm working my first flip and it's been an adventure! I've learned a lot and now I need to consider firing my contractor. What documentation do I need to fire my contractor? How do I prevent him or subcontractors...
Nat C.
Months of work a thousands of dollars down the drain
In December 2014 I signed a contract to purchase real estate from 2 people with a closing date of 21 December.Just before signing the closing statement, one of the sellers was hit by a car and ended up in hospital. Th...
Nyx Sherwin
Drywall Nightmare - Help Needed
Hello! Taking the jump into my first BRRR and learning a tough lesson. Many of the interior walls, particularly the exterior walls are in bad shape and I brought in a drywall crew for repairs. And a decent rain the n...
Michael Kotyk
Quicken loans will not re-finance
I made an inquiry with Quicken loans online. I was surprised to hear that they will not refinance until 6 months after the initial all cash purchase. This is the first inquiry I made because I am preparing to start i...
Tim Greenfield
Cleveland Basement leakage_membrane or outdoor seal
I have a 1930 3/1 in Cleveland which has a basement with water issues which has been my nemesis for the past 2 years. Last year had to dig up the sewer line in basement as there was a cracked line. Made the repair and...
Oscar Moreno
How Much do you pay a contractor
I am fairly new to the world of real estate and I am still trying to learn the basics on how to start a house flip! How do you go about paying a contractor? If I do a rehab of $30,000 does the contractor take a percen...
Adam Kuszczak
First time property - 1970+ ?
Hi,wanted to get some opinions if you would consider a good assumption to have and look for properties that are 1970+. Especially if I am OOS and trying to pick a market to invest in. When you add to that max $200k it...
Itay Heled
down payment contractors before job started?
So it is a busy season... contractors often don't return calls. you book appointments with them and they never show up , or show up gives a bid and then say they actually booked...I have two properties in Kansas Cit...
Albert Han
First timer doing a spec build
My best friend/business partner was gifted a property in La Habra Heights CA that his dad purchased back in 2018 for $540k. His dad demo'd and grated the property and spent the last two years going back and forth with...
Evgeny Vlasov
Bathroom addition quote. How fair?
This is a quote from a licensed contractor, for a bathroom addition within existing house walls (storage room 12x10).Property location is in SF bay area. Complications to this project are: braking concrete slub to pu...