Logan Turner
Negotiating with GC bids
So does anyone negotiate with bids they received from general contractors on rehabs?
If so how do you usually go about that?
I put together a detailed scope of work and a bid document for the contractors. They the...
Joe Spinelli
Real Estate Professional - 750 hour question
Hello everyone! I know the criteria to be a RE Professional is 750 hours in RE and more hours in RE than any other job. My accountant told me that I need to spend 750 hours PER PROPERTY which does not make sense. H...
Eric Sato
STRs as a married couple, tax strategy
Hi! My wife and I are hoping to close on a SFH soon with the intent on doing an STR! I have a tax question / real estate professional question.I myself have a W2 job and my wife is a stay-at-home mom (no income). My t...
Andrew Gordon
BRRR: Lenders won't use ARV for cash-out refi for a year
Basically, I am talking to lenders to get lined up to do a BRRR in the next couple months and everyone I have spoken to has told me that you can't use the ARV to cash out refi unless you have owned the property for at...
CJ B.
JV Deal Structures-Residential
Hey BP-
Can anyone shed some light on the best way to structure JV deals for flips on residential. Potential partner is well established and seasoned- with an immaculate record, has own construction crew/manager and ...
Jeffrey Sommer
Average Repair Cost Crewe, VA
Hi everyone,I'm analyzing a deal in Crewe, VA which is about 1 hour southwest of Richmond, VA. The house has two kitchens (one is a mother-in-law suite), 3 bathrooms and is approximately 1600 sq ft. It should not need...
Sebastian Marroquin
8 unit property - Would this be a good deal?
What do you think? Good deal or a pass?
The numbers:
Seller wants $2 million dollars.
6 units are 1 bedroom and 1 bath and rents are under market by around $500 to $600 each.
There are 2 : 2 bedroom and 1 bath...
Lucky Oldham
Own Home Project - GC’ing for first time
I guess there is always a first time for everything. Though remodeling is not new for me but I have always been the person who had companies come into my house, quote the project, the selected one will do the work and...
James Allen
First Time Atlanta Flipper Needs Advice!!
Hey BP Community, First time flipper and I need your help! I have a house under contract I’m planning to flip and I’m about to close on. I bought the house (about 1500 sq ft) for 80k in the 30032 zip code of Decatur w...
Craig P.
Market rates for trades.
Lets compare our rates for different trades.
Denver prices---curious what everyone else pays
Paint- $1 per sq foot interior only
Paint- $1.65 per foot interior/ exterior
Tile $3 per foot
Granite- $35 per foot fab an...