Our General Contractor is requesting a 28% downpayment upon signing the contract for rehab work, prior to any work being started and he claims that he has been doing this for decades and never had issues with that bei...
what is the best way to remove mold?
I usually try to pay half up front and upon completion, I'll pay the remaining 50%. What methods of paying contractors do the rest of you use?
Howdy everyone. I'm considering the purchase of a small home in Western Washington as a STR. One of the intriguing things about adding this home to our portfolio would be the potential tax benefits of doing a cost s...
Hey everyone, we are looking for some clarification or advice on maximizing the tax benefits on a short term rental. We are in the process of purchasing our first property, just narrowing it down right now. We both ha...
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*This link comes directly from our calculators, based on information input by the member who posted.Here’s a deal that seems almost too good to be true. This is a quick analysis, but the ...
I am looking at a 4family. 4900 sq feet. It is a full, rehab. I have a contractor who would like to partner with me, it would be a buy and hold for me after it is finished. Purchase price $25,500. Arv $150,000. Rehab...
I just got a property under contract, and I have 2 contractors coming tomorrow for bidding the rehab. My question is how are they bidding? Do they bid all the labor and materials? Do they include the appliances? Do I ...
Hey BP Community,My wife and I purchased a home in March, and part of the reason we liked it was that it was zoned for Multi-Family. The garage is a nice size for a studio apartment, and there is plenty of demand for...
Hello all,
I bought 3 lots in a subdivision and will be finishing up on the 1st house. Before starting the 2nd I wanted to put into the contract a clause that indicates a daily fee if they go past the due date. Does...