Donna Smolinski
SDIRA - can my brother be one of the contractors on the job?
My brother has expressed interest in doing some of the work on our rehabs, now that we're investing in his neck of the woods. Can he do some of the work at fair contract pricing for the properties we buy in our SDIRA...
Account Closed
CD's used as collateral for flipping
I spoke to a local lender who told me that cd's could be collateralized for loans of 80% total ARV. With the cd as collateral they will quick cut checks for the re-hab per your own draw schedule. This was exciting to...
Henry Clark
Assisted living development experience
Our state mental facility is closing after 150 years. Attended some input meetings. The state plans to have a single developer take the project over. There are about 80 buildings. From duplexes, group homes, school...
Account Closed
Amazon HQ2 potential sites being protested.
It will be interesting to see how Amazon will respond to this. https://www.nbcnews.com/feature/nbc-out/gay-activi...I am guessing Mr. Bezos would be more the type of person try to change things in the place he picks ...
Al Moffa
need liability insurance and a million dollar umbrella policy
Hello,
I just bought through my LLC a single family residence in Bucks County, Pa. which we are going to rehab. and flip.
I always GC my projects and use sub. contractors. I need a recommendation for a liability p...
Joshua Meehan
LLC structure in 4 property acquisition
Attempting to structure a 50/50 partnership for a 4 property acquisition, fix and flip. My question is how to structure into the operating agreement a management fee for handling the ground work for all 4 properties?
Kenneth LaVoie
sub contractor tenant agreement
Hi
My lawyer has advised me to have a simple subcontractor agreement for when a tenant does minor repairs or cleaning. I have a couple of situations like this. Very good tenant who does snow shoveling and cleaning a ...
Vincent Plant
Best Tax structure on flips?
A friend an I have recently started flipping. We are about to close on our first one and have a nice profit coming in. We are under contract on our second one and are anticipating making a decent amount on that as wel...
Sanjay Gupta
Hiring Unlicensed contractor to perform some work
Hi,We need to do start project and we will be hiring Licensed Contractor but we would like to some work done by Unlicensed Contractors( Handyman).Do I need to take Workers Comp insurance ? What kind of insurance we w...
Theresa P.
Why is Workers Comp so expensive in South Carolina?
Hi BP!We are currently trying to find affordable workers comp for a contractor who serves as the property manager for a property we own in South Carolina. I have not been able to find any policies that are under $2800...