Hi All,Why is it that all these house flippers out there take 3-6-9 months or more to rehab their house?I mean no disrespect, I just want to start a discussion and let everyone play devil's advocate.I'm talking about ...
I have a tri-plex that I recently purchased in Grand Rapids, MI. It needs to be gutted to the studs for the remodel. I have two guys that are currently doing the demo work. However, the pace is slower that I antici...
We are currently in the middle of building a spec house in a very nice town. Our G.C. has 13 employees and he seems to have 1 or 2 jobs going concurrently with our job.I'm having a very hard time watching the progress...
What advice would you offer for hiring contractors to help rehab my first distressed property? I’ve never done one before and am not sure where to start.Thanks for any advice.
I started scaling up my flipping business earlier this year. Prior to, I was doing about 1 per month, and was managing the contractors myself. It all seemed to flow well and projects were always done on time and on ...
I have a contractor in charge of a complete rehab on a single family home and I was wondering how often you communicate/stop-in on and meet with your contractors? He is moving at a slower pace then I would like for s...
Nothing stresses out a host more than short-term rental taxes.A deduction is an expense you spend on your short-term rental business that can lower your taxable income. This is a good thing! The more deductions you re...
Hello,Can someone share their tips on how they managed to juggle working full time and overseeing a renovation and scheduling an inspector for draw requests.I would think it might get overwhelming and was wondering if...
Hello All,I need some advice or guidance. I’m currently on the process of a rehab on a duplex. I hired a contractor who told me he would be able to finish the job in 2 months. I awarded him the $57,000 contract and wo...
In today's current construction market, contractors are only getting busier and both prices and schedules are increasing. Many contractors are attempting to increase their scope in a project to capture the gaps while ...